Im up for a promotion, was told by my manager and HR its in the works and should be official in the next 2-3 weeks.
HR told me I wont have any room to negotiate the salary because budgets have been tight. My promotion is falling when two of my peers (also ADs) are being promoted and HR said the pot is to small to give any of us significant raises, it'll be less than 10% for me. I graduate with my MBA in May, and have 3-5 years more experience than my peers, should I ask for more $ despite HR?

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Talk to your leader. Stop going to HR.

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Talk with your manager politely and tell them to please increase your salary by xyz% don't forget you can also negotiate on other stuff like extra bonus, share, more company contributions to your retirement or any where else. Looks like your HR is trying to negotiate upfront see if you can re negotiate or move on after your graduation to new company. Who cares!

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And this is why people generally leave employers. You can get maybe a 10% raise on a promotion, or you can leave and get a 20% promotion and they will hire someone to replace you at the 20% you asked for because the market demands it.

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Thanks for the input. That’s in part what I was trying to figure out, whatever that standard “promotion raise” percentage average is. The last time I was promoted it was when I changed agencies and like you said, I got a lot more of an increase - 50%!

I always tried to go the other way once I discovered what was most important to me. Higher pay and less responsibilities so that I could work to live vs live to work.
Seems taking a promotion to have more responsibility with no more pay to benefit making your life easier is exactly oppose of a balanced life.
Unless you are going to get experience to capitalize relatively soon with a company that adequately plans/pays, I would not do it.

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Good point. Thank you!

Do you work in advertising? Are you a strategist? Does your job basically amount to writing creative briefs, strategic POVs, maybe a trends deck or a comms plan? Your MBA adds nothing to these jobs. All it did was set you up to work client side. Work client side.

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Ask expecting to be declined, and update your resume if getting a meaningful increase is more important than keeping this "new" job.

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Yes ask for more and start looking for other jobs in your field

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No, I wouldn't ask for a higher rate. HR made it clear what they can give you right now. You can certainly revisit the conversation later (after at least 6 months), so long as HR didn't completely close the door on a future raise. Best of luck!

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