{ "media_type": "text", "post_content": "I’m at a company where annual merit increases feel like they don’t compete with a cost of living raise. I am considering asking for a raise to better reflect inflation and the value I’m delivering. Do any of you have advice either from a a management or employee perspective on what type of things I should bring into a convo like this?", "post_id": "61f07d99b4e65e002daf61ec", "reply_count": 4, "vote_count": 5, "bowl_id": "58f8171d753e990016608c07", "bowl_name": "Women in Tech", "feed_type": "bowl" }

I’m at a company where annual merit increases feel like they don’t compete with a cost of living raise. I am considering asking for a raise to better reflect inflation and the value I’m delivering. Do any of you have advice either from a a management or employee perspective on what type of things I should bring into a convo like this?

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Unfortunately common outside of consulting, in my experience. In my company basically only a competing offer will help you negotiate and that’s risky for a host of reasons. Best advice would be to focus on the value you bring, any and all work you do beyond your job description, any additional tasks or responsibility you’ve taken on and show how that impacts your business and the bottom line. Good luck.

Thanks! I’ve contemplated getting a competing offer but also am very happy with my management and team I’m a part of.

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I’m that company. Basically we think there is a reason it’s called merit and not COL increase. So everyone does not get 6% for simply existing. Most people get 4-5% and we use a 5 point scale so anyone above 4 get 10% and beyond.

Instead of framing it as a cost of living or inflation increase, try something like "my research (based on new hire pay or your current peers or an external offer for a similar job) suggests X is a more accurate and up- to- date market value for my skills. What would it take to make that happen?" It still may not work, but you have a better chance by framing it as this is your current market value rather than asking them to give you comp based on a principle they've already decided not to include in their comp structure.

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