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).

like
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.

Related Posts

Can anyone please tell the in hand salary after tax deduction?
YOE: 3.5
Tech Stack: MERN

Post Photo
like

Hi All

I have recently joined wipro
Can you please let me know what will be my take home salary and things i can do for Tax Exemption PFA Salary package

Post Photo
like

Hi,
What should someone with one year experience in Javascript, SQL, C# be payed in the NY area?
(Has excellent skills in dealing with clients and has 2 years of experience doing manual qa testing, so has developed a very good attention to detail)

like

What's the average salary increase from staff 1 to staff 2?

like

Hi bowl,

Does anyone have any tips on what to expect during an RBC (Royal Bank of Canada) strategy case interview? Also, what is the starting salary for a new MBA on their strategy team?

Thanks in advance for the feedback!

like

Have your companies been discussing cost of living raises? Seems particularly pertinent this year

like

What will be the salary in hand after all deductions

Post Photo
like

If i accept offer letter in Cognizant in One Cognizant Portal, i can't go for any other company if i have better package??

likeuplifting

What do powersports parts managers typically make for salary??

like

Is anyone able/allowed to explain how equity works at firms like AlixPartners and Alvarez & Marsal? Is it similar to a pension at Big 4? (Cross posting w/ the Consulting Bowl.)

like

Estimated COL for a family of three with infant in a good school zone, considering mortgage, daycare, house help, cleaning, etc. type lifestyle? How much do you end up paying monthly?

Hi Guys ,
What will be my in hand monthly for below stack Tcs.
Tata Consultancy

Post Photo
like

Generally, what are people typically paying for manager level talent (people management level, but not hard sales metrics/senior manager level; whatever the titles are in your orgs) in the federal govcon space right now? I am seeing some pretty uninspiring numbers from places like GT/EY (like $110-130) and better numbers from Deloitte GPS/AFS ($140-160+). Obviously this will vary on skillets and projects, but I'm curious what people think.

like
like

Any insight for expectations on annual raises at BDO? Going into my first year-end cycle as an advisory manager

like

Hi
I have cleared the PDM interview in IBM. Manager said I will proceed to HR. I have submitted my compensation discussion documents and I filled the background verification form. What is the next process?

I have 6.4 years experience in SharePoint. They have interviewed for a technical specialist. I have asked for 15L per annum. Is it reasonable as per market rate or very low?

like

As I'm moving to a new role in a small company, I have a doubt about my salary structure like the Basic salary part is only 20,000 while my take home is 62k after all deductions.

I'm concerned because the leave encashment & other things totally depends on the basic salary.

Are there not any rules for the Basic salary to be at a certain % of CTC or it depends totally on the company?

Also PF deductions they are offering only 1800 p.m but considering 20000 basic it should be 12% of 20000 right?

like

Hey all, I’ve been a solutions architect associate for a year now as my first tech job out of college. I was able to get my AWS SAA Certification and followed that with Azure AZ-900. What is a normal salary range for someone in my position who recently graduated last May with a year of experience and holding these two certifications?

like

What should a CW in NYC ask for in terms of salary from pharma?

like

I was intervwed in May for BA Role at Tata Consultancy and was selcted as said by HR. After documents submission had a salary discussion call with HR where she sent me the breakup which I agreed. 2 days ago she called to verify all the documents. I didn't have the exp letter for 1st compy instead submitd my resign acceptance letter which says that I have been relieved from services on xyz date. She told me that she will check with BGV team and will release Offer. Now she is not picking call.Tata

like

More Posts

Hi need suggestion.. i have received tcs cts and xoriant offer with almost same ctc (40% hike on current). How i should negotiate to get more. Notice period remaining 15days.

like

Just curious, did anyone here play college sports? I played D3 soccer, but curious if anyone did a real jocky D1 sport.

like

Does any firm have HH this Friday? F/25/NYC

It’s happening again, guys. It’s happening again. Bring this W home for America Trump. Silence the Democrats once and for all. 🇺🇸 🇺🇸

likefunny

I have already raised snapshot for December and January. Can i raise snapshot for February in March? Will that be considered?

like

Who else got their award today?!

Post Photo
like

Currently an Audit A2 about to go into my second busy season and trying to make a move to FDD or Accounting Advisory. What is the day to day work like? Any advice on getting the job or if i should finish this busy season before applying?

like

Recently received Offer Letter from Infosys, 17.4LPA i do have other counter offers in hand for 20LPA, 22LPA. will they accept and revise the current offer

YOE:7.2
Designation: Senior Consultant
Current Role: Senior Business Analyst - CGI

1. Compared to CGI is Infosys Good!
2. Infosys Offer Letter seems to show components monthly and hard to make. how do i understand the structure and take home.
3. What is Senior Consultant equals to at Infosys

like

What is normal increment % in oracle?

like

If your salary expectation falls outside the range that HR may have shared in the initial round, do you continue interviewing with the hope that they may make an exception if they really like you and offer you more ?
PS- this is when HR does not know what you make or expect.

like

Is there a way to sell my 550k Marriott bonvoy points? Would love to hear what others have done. Thanks!

Please drop me your best restaurant recs for big celebration (new job + birthday celebration x2). Preferably French or Japanese/Asian cuisines and/or seafood.

like

Looking for remote healthcare opportunities in business ops or project management. Recommendations welcome.

like

Looking for a yoga studio that is more than just an aerobics class! Would like to understand the practice more, etc.

like

My SOs therapist recommend they see a psychiatrist. Do you guys have an recommendations? Specifically for stress, depression, and anger management. Feel free to DM me.

like

Hi all, I have 2 yrs experience as a SAP functional consultant.. which company should I choose from the lot.. PWC India, Accenture, Deloitte India, Deloitte usi, PWC AC , PwC India PwC Accenture Deloitte USI Deloitte India

like

What is the biggest challenge you are currently facing being in tech, right now?

like

After 3 years, the therapist disclosed that she’s in the program. I had wondered often about the source of her knowledge of the steps. Still I would’ve preferred her to remain anonymous in this regard. Now I keep wondering about whether I’ll see her at a meeting and what her story is. So odd. So self centered of me.

like

Salary range question- what is the range and bonus structure for someone in health care business development?

like

I am currently a CSR for a beverage company they provide a company vehicle but when it comes to commission if the whole team doesn’t make it to goal we do not get it. I have interviewed for a market development manager for a beverage company and they offer a 6$ per hour raise as well as a car package (pay miles and a small amount for upkeep) but I need to use my own car for the territory. I want to move up the sales career ladder but I don’t know if this is the way to do it.

like

Additional Posts in Salaries in STEM

Welcome to the Salaries in STEM bowl! 💸

For the best response to your post, please include the following:

Your location or HCOL/MCOL/LCOL ("high cost of living" city etc), years of experience, and any other relevant information for context.

Example:

"Engineer in a HCOL with 5 YOE currently making 85k and know I'm very underpaid. What should I be aiming for?"

These variables have a great affect on salary and you'll get better answers the more details you provide.

Cheers!

likehelpfulupliftingsmart

Hello, I’m current a Cyber Security Incident Responder but I’m a little unclear on what path to take in terms of certs/career path. What should I aim for? I current have a CompTia Security + cert and Splunk Enterprise Certified Admin. I’d also prefer the blue team or purple team.

like

Salary range for Level F, Director (operations) at the AstraZeneca Gaithersburg site. 15yrs experience.

likehelpful
like

How should a structural engineer with 2 and a half years of experience be earning?

What is the average salary of a project Engineer mechanical with 0-1 year of experience and with a Masters degree ? Talking about European countries precisely Nordic counties .

like

I've been requested an expected salary range by a recruiter for a position in what I think is a lower cost of living area than the one I'm currently residing. How do you answer such a question?

like

Hi guys ,

In paris if you get a salary of 83 k + 1 BHK allowance and other benefits .is a good package to live and work comfortably. Please kindly suggest me.

Thanks alot.

like

Hi all, I switching from academia to the private biotechnology sector in Montreal, Canada. Anyone has an idea of the payscale I should expect/ask as a Molecular Biology PhD with 15 years research experience?

Thank you

like

I have many options to consider but two options below are what I’m thinking of right now.

I want to see your thoughts on which one I should pick.

Job A: Project Engineer. 135K/yr base. 10% signing bonus.

Job B: Senior Project Manager. Contract. $60/hr standard. $90/hr overtime.

Additional Information added / pinned in the comments.

Quality engineering VS software engineering. I am currently a quality engineer in medical device. I have 4.5 years of experience. I’m stuck between getting a degree and continuing in quality / manufacturing or switching to software where I know money is great. Thoughts?

likehelpful

12 years experience as a software developer. How much package should I expect from a MNC company in Toronto, Ontario, Canada?

likehelpful

Currently working as a process engineer in switzerland (south east). Salarys and Rent are Medium High. Current salary around 80k. Trying to switch to sales (same company). Had a talk with the teamleader. He talked about the job and told me that they were actually looking for a junior sales (and some product management responsibilities ). That they are looking for a junior isn't to bad, because i have no experience in sales (customer contact yes, but no sales) What salary can i expect?

like

Is $120k base salary for a mass spec job (PhD entry level) in San Diego reasonable?

like

How much does an associate scientist make at Pfizer-Groton? (I have 1 year experience out of college but have published 2 papers first author, ample experience during university, internships and have an bachelors in biochemistry with honors).

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl