I’m underpaid in my M2 role as I started as a campus hire in a bad year 6 years ago, but I am a high performer and have a great wide network. Despite two market adjustments and good % raises, I’m still on the lower/mid salary band. Should I switch firms to be paid my current worth or stick it out with my current network to help my long-term trajectory. Does it actually even out as they say by staying or am I just being taken advantage of?

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

Get another offer and have your firm counter

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Leave

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Have a serious conversation with your leadership. No one wants to lose great people, especially not now.

I would caution you about the underpaid rhetoric unless partner or HR actually told you you’re in the lower band. Mid band is what I would expect for a 2nd year manager. I don’t know how things work at KPMG but here if you’re on top of the band before you reach too seniority, you max out and your raises are limited.

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If you’re under 200k base you’re underpaid and should leave

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You'd think a "Strategy" manager would know better than to assume before dispensing advice.

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What do you consider underpaid?

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Have you tried asking? I got offered a 40% increment offer after showing an offer from a FAANG, same situation as you.

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What is your ratio? If it were >0.9 I would consider leaving but if closer to the median I would consider sticking it out.

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