I’m currently 6 months into my first job, and I plan on bringing up my salary during my 1 year performance review (we do 1 every quarter). Since our company doesn’t have stocks, my TC would just be base salary + benefits. When doing my research on the market value and average compensation for similar roles in the same location (I’m going to be using levels.fyi), would it be fair to compare my TC with the TC of a company that offers bonuses such as stock bonuses? Continued in the comments…

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

It's fair but honestly the best way to get comp increase is to have outside offers. Companies don't give raises based on merit, rather by cost of replacing you.

likesmart

That’s a very good point of view. I know annual raises are not nearly as much as finding a new position. But I like this job a lot lol

So there’s two ways thru your predicament:

The first- what you described- I’ve heard it often called a Pay Equity Analysis (I’m not in HR so if someone knows of more proper term please share).

So you could ask for a Pay Equity Analysis based on your role, skill set, years of experience, education. You’d ask for a specific number/percentage of increase. Make sure to do your research on industry standard pay for your role so you know what is fair.

Personally, I think this is a terrible strategy. It rarely works and even if it does it’ll usually come with a barrage of cons/backlash. Doing the Pay Equity Analysis more so works if you're position is under
compensated (as in everyone with the same role is under paid relative to market). So doing research is all well and good, but the moment you use the research as your strategy- management will run. It'll do/imply a few things: 1st, that hr and the comp team are incompetent and did a poor job of assessing market - that won't make you any friends. 2nd, the results of pay equity analysis would apply team wide so this could blow up budgets - meaning it won't happen.

It's literally equivalent to being the guy trying rally everyone at the sweatshop to unionize. And then hoping management warmly receives your ideas.

But, the main reason I think this is a bad idea is because it tells management that you will be content with your current position provided a certain pay. I’d rather tell management that I’d be better positioned to add value to the firm in a promoted role.

Consider this, while the "do research" on comp is floating around all the platforms - the second you comment that you've done your own research, you instantly lose credibility with both HR and your comp team. This is what the second strategy resolves.

Second strategy:
Instead I would highly recommend focusing on what unique value you bring to your team and your unique skill set that is differentiated… And ask them to adjust based on your value. Taking the business case to a senior leader for an exception based on value is wildly more successful than " I did market research"

I’d much rather express my specific value and get my name on upper-managements radar as being a critical asset. You can uniquely shifting managements focus onto you by challenging management to acknowledge the level of value you bring through a specific case study. You put them in a position to evaluate value proposition, already putting you outside of the defined constructs of a generic job titles local market rate. This way the resolution is either a. They say no (zero repercussion, no loss of face, and you’re respect level goes up, and in a better position in the future as some in management may of been in favor), b. They say no, in that they cant right this moment ( but throw you a bone and mention the future in a positive light), c. They say yes (this is what we came up with and what we can do and where we can go), d. they say yes and ask you what you want and what you had in mind numbers wise.

In every outcome, the point that you value yourself as higher than what you are getting won’t be lost on them and you don’t bring up salary in way that rattles he’s ears.

Giving credit to where it’s due, much of this was from a previous dialogue on Fishbowl which I don’t know how to share. So a cheers 🥂 go to Ritz Realty 1 and Gartner 1

like

In my experience, you can negotiate a slightly higher base but not enough to match the stock. Granted, I may be spoiled cause I work in FAANG. The stocked effectively doubles or triples your TC.

like

I was in the bay originally, I def understand what it feels like to have friends making way more. My first job was a jr design role for 40k! All my friends were infosec making 6 figures out of school. Idk how tf I survived in SF lol

You didn’t make the wrong choice, getting that first job is hard! I know you like it but the best thing you can do is keep yourself open to opportunities and keep interviewing.

Also. DONT compare yourself to your friends. Half those people I was jealous of, I surpassed. Everyone is on their own journey, focus on yours.

like

Or would I be limited to only using the base salary of other companies as a “fair market rate”, in order to compare apples to apples? Since stocks aren’t an option, what else could I negotiate for to bump up my TC? I really like this job, and the WLB is excellent. I just don’t know if I could have the potential of eventually negotiating my base salary up to 200K (probably many years down my career path), to match other companies’ TC (e.g. 150K salary + 50K stocks bonus)

Limited to base salary I’d have thought. We all have choices like this on our journey but the bottom line is balancing how much you like the job versus the desire for higher pay, as usually the only way to significantly bump up your salary is to have external offer(s) and be willing to leave if company say ‘take it, we can’t match it or even get close to it’

like

Related Posts

Can someone help me understand the pros and cons of MBB vs PE Ops (at A MF, think BS, KKR etc)? I'm looking into in terms of WLB, culture, personal growth, hierarchical-ness, comp, calibre (and attitude) of colleagues, respect (vs deals colleagues) etc.

like

Lately I’ve been feeling pay by bracket policy is very counter productive. When I came from my prev company, I had salary at the higher bracket due to market correction and novartis offer coinciding. Now after a couple of years, I see that people who were hired before or after me on a lower package have somewhat similar package as me cause of the pay brackets despite me performing better. Should I talk to my manager explaining my predicament? Or should I simply search for another job?

like

I’ve been getting paid less than my yt counterparts for the last 5 yrs & now that I’ve begun to speak up and ask questions abt my comp, comments are being made abt me being aggressive. Wondering if

like

What would be the In hand salary for the below compensation?

Post Photo
like

Hello All
I am 28ish
BE Computer 2016 graduate
33 months work experience in start up
MBA from one of the premier institute 2021 graduate
Due to COVID the package I got was around 15LPA

I am planning to switch job
And I am wondering what should be my ask?
I know my peers are earning well and for someone with my profile something around atleast 22 to 24 LPA can be my ask.

It is my first job switch
So I really need some suggestions
Thank you

like

What is a normal salary for a outbound supervisor?

Hi Sharks,

How is honeywell company in terms of work and compensation.


Thanks

like

Hi fishes,
What are the benefits apart from salary in IQVIA?

Fish,

What is the role of Cloud Consultant at
Google Cloud, India? What is the salary range like? Do they include stocks? Can I switch internally to SE/products team later if I join as Cloud Consultant?

Thanks in advance.

like

Could somebody please share salary band for Principal Consultant ?

Hi Everyone! I'm looking to transition from healthcare consulting to pharma / biotech preferably in BD / corporate strategy roles, especially in LA area. Would appreciate if you can share your experience if you have made the amas transition (roles? Work type?). Looking to get a sense of what type of work exists out there.

For context, I've a PhD in Life sciences and 1.5 YOE in healthcare consulting at a boutique consulting firm

like

(1) What firm allows mega back door Roth 401k? (2) which firm matches 401k contribution and up to what %?

like

Deloitte fish, asking for a friend on salary expectations for Deloitte GPS senior consultant, manager role?

Thanks!

like

Any idea if the salary hike is applicable to Risk management team as well (conflict checking) ?

like

Wheereee are all the ad agencies for ShowUsYourLeave on LinkedIn👀. Haven’t seen a single one post their dismal benefits yet….

like

I am currently a technical recruiter in gaming, I am actively interviewing with Amazon. I said my salary expectation was 80k, however my company just restructured and we are being offered 92K which is a significant increase for me either way.
Should I ask Amazon to match? I would love to work for them but am perfectly happy in my current role as well.

like

Kyndryl what will be the in hand salary for below break up

Post Photo

Can saturatory bonus be 75 k per month , is it paid monthly or yearly

like

I have an opportunity to be a Food and Beverage manager for a hotel I have been for 6 years. Currently I am overseeing all operations but want to focus more on the F&B world. Would anyone know how much salary I should be asking for this role?

More Posts

Does failing a client drug test -> getting fired from firm?

like

£50k TC, 2.6YoE working within the change arm of a bank ——- what do experienced fishes think is a good next move for someone like myself? Might want to move into consulting one day with ultimate aim of MBB but also enjoy technical coding work, particularly in credit risk / counterparty credit risk in banking — could use some fresh perspective ; quite confused atm as interested in many things! Don’t mind staying in change management either TIA - appreciate any advise

like

Is Volkswagen IT Services India Pvt. Ltd. providing onsite opportunities?
Got to know after covid they have stopped
Like even to travel for few months
Is thr any criteria or even new joinees can be eligible?

Can anyone let me know what is the maximum offer for a consultant role in Infosys. Had a call with HR today. She said they can give cctc and after 6 months you can apply for Sr consultant role since YoE- min 7 years required. CCtc- 17 lpa. Yoe- 6.5 years

like

with US blocking aid to Pakistan..India and US allies in new world order ++Japan? against China + Russia + Pakistan?

like
like

Positions are open but if am going to apply for job it's showing ..sorry but we can't find the page.

Post Photo
like

What will be the Best CTC offer for 10 YOE in java full stack developer. If any one has info pls share.

like

Looking for referrals for SWE internships. Open to working in most places in the US, but I would prefer Washington DC or Los Angeles.

like

Anyone deal with PTSD? How do you manage an acute flare up of symptoms? Any good drug based treatments that have worked?

like

Is it okay to submit a writing sample that you wrote for a partner, if you did all the work they just got the credit?

like

Is there anyone with 5-6 yoe in totally different tech who is able to land job in sde profile by taking scaler academy course. Is this course worth for 2.5 lacs being from totally different technology like sap abap.

like

Hi everyone,

Anybody know about BAKER HUGHES company.
Can you share me how is it working with them ?
How are growth opportunities, learning opportunities.
Is it a product based or service based. ?
Pros and Cons..

Anything would help.
Thank you 😊

like

Need a good chair for work. Branch Ergonomic chair or Autonomous?

like

What are the chances of getting an opportunity abroad (EU or Australia) in the Risk advisory/Internal audit domain with 3 years experience in a Big 4?

like
like

When you test a GL account cause the balance is in-scope. Do you net the untested debits and credits together to determine if acceptably low? Or is it determined by untested debits being below PM and untested credits being below PM?
I have not gotten a consistent answer and seen it both ways in practice.

likehelpful

How long does it typically take for a company to reach out to references? I gave mine a week ago after the whole interview process and they still have not been contacted.

Is the Tesla self driving capability upgrade worth it?

likefunny

What are your favorite YouTube channels? Ideally industry specific or ones that benefit your life or work. Thanks!

likesmart

Additional Posts in Salary Negotiations

Any Operations Manager for a Amazon warehouse in New Jersey ? How much do you guys get paid monthly/yearly. Before & after taxes? The Company screwed me on my salary and told me not to negotiate the price with them. Out of ignorance I didn’t negotiate. But now I fear what I make isn’t enough to sustain me. I’m looking forward a Promotion to L5 then L6. For the L5 Area managers how much do you guys get paid yearly salary/ monthly after and before taxes not including bonuses.

like

Looking to negotiate a promotion to a Senior Finance Manager role at a FinTech in London (eg London Stock Exchange) but not sure what comparable roles in London make at other Fintech’s. Anyone have any ideas what I should aim for? Currently around TC £70k GBP gross.

like

Anyone here work in HR/Recruiting for Optum/UHC? Trying to get insight into pay range for a specific pay grade.

like

Anyone work for JPMorgan Chase familiar with the pay range for a salary grade level 602?

like

Recently promoted. Managing 4 direct reports, which essentially means I’m managing an entire department (it’s small company). Offered a 10% increase, which according to my research is low. Also know for a fact that 2 peers were offered 15% right off the bat, even though I’m technically more senior than they are. Live in NYC, 8 years of experience at the company and in total (first job out of college). I’m being told that there is no chance of negotiating further. Am I being taken advantage of?

like

I’ve been offered a position that I’m really excited about. Their initial offer was 10K more than the top of the salary range they gave me for the position when I asked during the interview process and at the top end of the salary requirements I set for myself. My partner thinks I should still negotiate for more even though I’m happy with the offer. Am I an idiot if I don’t negotiate in this case? Realistically, I don’t think I’d get much more than that, but should I negotiate out of principle?

I’m on a 6-month extendable contract and my manager really likes me; she always says that they want to convert me ASAP, however they don’t have the budget right now to hire me. They plan to hire me by the end of the year (7-month mark) but that means I won’t get paid for 3 days during thanksgiving and a whole week during December. How can I push for them to make me permanent as soon as possible? This is my first job out of college so I’m not sure how to approach this situation.

Is it’s correct for a company to under pay me and treat me with disrespect because I am a woman?

like

I'm on a work visa in the US. Employer naturally has a higher leverage over me and my peers make 10-15% more money than I do despite having relatively lower performance ratings. Any tips on how to negotiate?

like

A great opportunity with a top brand has come up. I have not actively looked to make a move, but this role and brand looks really promising with a greater earning potential. Down side is I would need to relocate which I do not want to do and would be a challenge for my wife’s job . Any suggestions on how to leverage for a leveling of my current salary and role which I have been told is in the works but I have not seen any sort of movement to give me confidence that it will happen?

like

Asked for a raise and was told to wait for the annual raise period even though I was doing extra stuff on top of doing my job at a very high level and they would not budge at all. I started looking around 2 months ago and I just signed an offer for a new position with a raise just above 50% of my current salary. Know your worth and go get it!!!

likeuplifting

Citi - SVP Salary Expectations for Tech / Controls

Looking at some SVP roles for technology / controls in the Southwest region. Glassdoor indicates $185-240k as range base comp, and target of $185-205k for average base. Is that accurate?

Glassdoor also targets $40k for variable comp. average. Is that accurate?

Citi

like

I recently found out that my current “position” was making over 3k more than I do in 2014, 16k more in 2019 based on contracts that I accidentally found…. I now do two double the work as I am the only one fully trained to do so. How can I bring this up and demand a raise?

like
like

Are there any executives out there who have recently negotiated with their CEO for an updated compensation package? I know I'm being underpaid as a CFO who has also handled all of the HR responsibilities for the past 3 years. Currently at $130K with $30K bonus at the end of the year. I don't take the insurance through the company either. Currently no 401K match program available.

like

Hi, I am currently doing industrial PhD at Bosch in Germany. I applied for a Research Scientist position at Huawei Technologies research and development, London and is in the third round of interviews. The HR just asked me the salary expectations from my side. Any pointers on a decent salary range for this position at London?
Thanks in advance!

like

I’ve been working at a Series A startup in the Bay Area for a year now running sales. Any idea what kind of equity comp I should be expecting? We’re in the CPG space. Thanks!

like

Anyone who’s been in the communications side of Western Digital: how long does it typically take to get promoted with a raise? My minimum salary is a good 10k above their cap, so I’m wondering how long it would take to get to my ideal pay Western Digital

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

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal