I want to ask for a 20%raise, knowing that the company is planning the year budget around now should I give my manager a heads up as to what I’m expecting before my salary review? I got a 0.6% raise at the start of 2020 and a 4% in April this year. The raise this year came with the title of “Lead” and more work responsibilities, talking with a co-worker we now make about the same amount. I started working here right out of college (10 years).

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Posting as :
works at
You are currently posting as works at

It depends, what are you making now and what kind of lead role?

There's always a few things to consider:

1. there are general guidelines for pays cales for different careers and titles that companies usually follow (whether internal or market research from the Randstad report).

2. you can always ask a company for more money and tell them why you are worth it. Companies can and will pay higher than average for this

3. come prepared: see if you can talk to recruiters from other companies and see what the pay is like (sometimes it's easier to shoot them over a number and see if they flinch). Use this data to show your boss you can make X amount somewhere else and that you are underpaid

4. if all else fails, you could potentially jump ship and get a 20-30% raise elsewhere

likehelpful

Thanks, that is very helpful. I do think 20% is a reach but my company has a reputation for not paying as much as the competitors and using the benefits package as a reason why.

I would hope that asking for that raise would at least get them to negotiate on a raise too.

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