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Does Wharton have an alumni referral program?
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Which firm is negotiating salaries on promotion?
In a year thats not a crap year for our industry, non-eq title changes should get you 15-20%. You’ll likely get 10-12% in this dumpster fire year unless you firm hop.
Not counting any year end increase, the promotion increase at my jobs has been 7% or 7.5%
My company is mid-sized (~100 employees) and I’ve had success negotiating market-rate adjustments every year regardless of title changes. If your firm is smaller, you probably have more leverage than you think.
Is it in industry or PA? HCOL city? YOE?
I never heard you can negotiate in promotions % increase? Do you have another job lined up?
Good luck negotiating. In my experience, that only works if you have another offer in hand AND your firm is pretty desperate to keep you.