Is is possible to ask for a raise just based on what I’ve seen on the market ? This past months many firms have contacted me and total comp is higher in general (for the same industry). Or do I need to have an offer letter in order to ask for the raise ?

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

The best way would be to get an offer letter and present it to your employer.

like

I think it depends. Have you had a conversation with your manager? Are you ready to leave if they don’t give you money? Are you looking to leave just because of the money?

like

Disagree with Devops ^

Have a discussion with your manager about a market rate adjustment. Set some time to chat with manager privately, and T his would be the approach: “I love working here because XYZ and I’d love to continue growing my career here, so I’d like to discuss adjusting my salary to match the current market rate”. Depending on company values and your own performance, you can follow with any other points that demonstrate your value IN THE MARKET. If possible, you want to avoid this becoming a merit increase. You want to negotiate up to market rate, THEN when it’s time for merit increases, you will actually get a raise and not just a rise to the current market rate.

like

Not at all. I’d recommend

1/ track on your goals, OKRs, metrics, whatever you use to measure your achievements and wins. Quantify these metrics in terms of ROI or value-added

2/ start having performance meetings with your manager, make sure you are crystal clear on what they need to see you achieving to consider you for either a new role or pay bump.

3/ take that data back, make sure your ‘stats’ line up with what you’ve done (if not, work on bringing in those results).

4/ follow up, demonstrate how you’ve added value, improved results, boosted ROI, whatever, then try to lead into a conversation about boosting comp. Show it as a way of saying “by paying me more the company 1) makes more or 2) saves more”

like

1. See what the market is offering. Given how hot the market is, you have a potential of getting 30-40% increase.

2. If you get any offer, take it to your employer. The employers would usually match a 10-15% jump (best case), but anything above 30%, they might not be able to match.

All depends on what your goal is. If it’s the money, then find an offer, get a good jump and leave.

If you want to stay and just need a small bump, then first have a conversation with your manager and ask the company what they can do. See if that % increase is enough for you. If not, find something outside.

like

Agree with Project Manager 1. It’s a process.

In the free career app I’m building we share an. Advancement process, which gets you self advocating more and starts the conversation.

Asking for more pay is very common right now. If you try, you will learn a lot about your organization and expectations.

www.cheaseed.com it’s free

like

Yes, its possible. You can gather info and data and then present your case as to why you deserve a raise. You can really do that at any point in time.

Related Posts

Anyone here with B1 offer?

What's an average SE salary with 3 years experience in Ontario, Canada ?

like

Hi , What is job security in Axtria like do axtria fire employees and what would be the inhand salary for 8lpa ctc as an analyst in axtria ??

I have also got an offer from Axtria.
They are giving me 8 lpa as ctc and 50k joining bonus and a promised 2 lpa retention bonus after one year.
If anyone at axtria can help what's the work life balance is like there and is it a good organization to join or not.
I am changing my field to Data analyst in Axtria.
Also, how long is the training period and is there any chance of permanent wfh ?

like

Need Advice on two job offers. One is in accounting advisory role at Crowe. The other is fund accounting analyst at Goldman Sachs. Comp is similar. Which one would have better exit opportunities? What one would you guys choose? Thank you guys.

likehelpful
like

What is the amount hike/apprisal is given after 2 years of bond period in tech mahindra? @tech_mahindra

like

I have an offer of 10 LPA from TCS. and another offer for 18 LPA from a product based company.

Can I ask my TCS recruiter for renegotiation ?

like
like

Hi Fishes,

I am 2.5 years of SAP FUNCTIONAL CONSULTANT. my current CTC - 6.5LPA.
how much should I demand for new offer.
Kindly guide.

likehelpful

I have already raised snapshot for December and January. Can i raise snapshot for February in March? Will that be considered?

like

Hi Fishes,
Can anyone please suggest what will be the in-hand salary for below compensation.

Medical Insurance, Gratuity, Term life insurance are separated from this.

Post Photo
like

Hello all, i have. A question regarding compensation for a lateral move. I just received a job offer for an UA position from a competing cyber insurance carrier for $70,000 + bonuses. This job will be based out of San Francisco. I currently make $30/hour for the same role in Chicago, after OT it’s about $60,000. Do you think it would be wise to accept the offer? Thoughts in general?

like
like

Hi sharks, I have cleared 2 technical rounds of TSYS and Now Managerial Round is pending. I have read that they ask for expected CTC during managerial round and if you ask high CTC then they put your profile on Hold. So, how much CTC can I ask, my YOE- 3 years, Tech Stack- Java, Spring Boot and Microservices, Current CTC - 10.5 LPA
Please help!!

I will be interviewed for Data scientist role at Tiger Analytics. I have 3yrs YOE and current CTC is 10Lpa. What should I tell regarding salary expectations?

like

I’m seeing most of the commission only jobs are mainly cold call sales. Is that the industry norm? I’ve only done inside sales salary + commission.

like

Hi Fishes !!

Can you please let me know what would be in-hand salary ??

Post Photo
like

AMA! Target west coast undergrad, strong internships and GPA. Was choosing between BB IB, MBB and a LMM PE fund at graduation. Ended up going with the PE fund due to the great culture and promotion path to VP in 3.5 years. Now 1.5 years in and don't regret my decision whatsoever. Happy to answer questions for recent college grads / people in industry / seniors.

like

Hi All,

I need your help.
Skillset: python
Exp: 4.5 year

I have resigned and my last working day will be between 25th-30th March. I am holding an offer with congizant(11 lac) ,
Accenture(14lac), and capgi (16 lac) .

Coming to TCS side, My lead and manager are trying to retain me . I got call from HR for retention discussion yesterday. They are offering me between 11-12lac.

Could you please share you thoughts. I am little confused with all offer.
Tata Consultancy Accenture

like

More Posts

Hey Guys,
I have a close friend who is facing a small dilemma which is not allowing him to decide if he should join NIIT or a European company as a Manager recruiter. At NIIT he is supposed to recruit call centre professionals whereas the other company is an IT consulting and service provider. Also in the European company he gets to manage an internationally diverse team. The salary offered is almost the same. He is confused majorly because NIIT is a brand and the other is not. Please help

like

How is eisneramper for US tax in terms of pay, wlb and secondment opportunities?

like

How is mindtree in terms of Job security and WLB ?

like
like

I am giving in my notice tomorrow. Does my employer need to pay me my pending PTO by law?

like

On which platform is the applicant tracking system based in Infosys ?

like

Love my agency but I encounter subtle east coast agency bias against Texas all the time. They subtly think we’re redneck bigots. Gets under my skin.

like

I received a flyer from Verizon for home internet. I live in the suburbs of Dallas - anybody have experience with Verizon for home internet?

like

Anyone at Regions Bank willing to provide a referral?

like

Hello everyone.
Can anyone suggest me supply chain management certification and it is future proc and cons..

Hey Fishes anyone from cognizant Please refer me as a fresher data analyst. Cognizant #datanalyst

Post Photo

Are the tumi masks worth the extra cost? How's the elastic band feel around your ear? I have an off brand now and it sits weird on my jaw bone.

likefunny

Can anyone provide an example of a digital marketing portfolio? Or how you show your portfolio on LinkedIn (hoped not just design work but growth, analytics from email marketing, funnels, social)

like

Will cognizant give a Diwali bonus?

funnylike

Sup cuties 😍

like

Hi friends, any openings related to. Net for 5 yrs experienced?

like

Advice needed please 🙏🏻 for datings apps: when should one reveal that one has a kid?? I’m 38F with a 5 year old and I get the impression men run miles from me

like

Hi Fishes,
Barclays 13 lpa fixed, how much monthly inhand?

like

Does anyone stress about student loans? I have $176k in loans and as January gets closer, the panic attacks have gotten worser. I am in-house at a Real Estate company (making $90k), which is terrible bc they are going under due to the market. I am working to transition to big law for pay, job security and more technical skills. I am a 2019 grad and it just seems so hard to break into big law.

I just need advice on what to do. My mind is scattered and stressed! Thank you in advance!

like

Additional Posts in Salary Negotiations

I had an interview this past week for a position I had applied to. Following the interview, I was referred by the talent manager to another position. The position I was referred to, and have an interview for this week, is titled Solution Architect. This is a remote position is in Biotech and was curious if anyone had insight for salary expectations would be, or what I would say bottom line would be?

like

Is there anyone that works in e-commerce (digital merchandising) that can share what an assistant manager makes?

If you were working at an early stage startup that doesn’t have benefits like insurance and retirement funds set up yet, what % increase would you want on top of the base salary for TC?

like

Any negotiation tips for new graduates? Haven’t been able to find much information on salaries and fear I will receive a low offer for associate roles.

like

I’m currently a Chief of Staff (ignore post title) negotiating a new job title. The proposed from Co. that I’m working with is “Senior Manager” (mapped to “level 9”) with a lot following it to describe the team. Director is not allowable but could present “associate director”. Which carries more clout (“senior manager” vs “associate director”) at your org? Team involves digital strat, ops, implementation at well-known co and trying to reflect high level of the role but concerned SM mistranslates

likehelpful

I work part time for a mid level marketing agency. I currently make $19/hr and I’ve been in the industry for 3 years now. Graduating with my MBA in May. My one year working for the agency is coming up in August, I am trying to negotiate a pay raise as I’ve recently been given more responsibility as a supervisor and managing strategy for some of the highest paying accounts our company has. Any advice on how much to ask for in a raise or if anyone else who is part time has ever asked for one?

like

Manager told me “You’re always going to feel a little taken advantage of” multiple times when I tried to voice that compensation is not very fair and below market. Thoughts?

Recently ( as of May 22nd, 2022) I was told my promotion was put in as a “request”.

After a brief discussion with the HR Director; I was told that said promotion could easily be put off until October…

There’s a seriously lack of role clarity; I’m consistently being tasked to do things that outside of my immediate skill set/job description.

Let me be clear; I have no problem with this, however when the pay doesn’t match…This leaves me feeling burned out most days.

like

Hi All, looking for your suggestions, please. I'm working in Australia as a TA Partner. In my current company, they offered a yearly hike of 4% for all employees who is in the particular slab amount. But I'm not happy with the rise because I'm supporting as a recruiting sys admin and involved in the project works along with my BAU. How should I approach for asking a pay raise? Is it a good time to ask as I got the 4% last week?

like

In spite of stellar performance, my request to reprice my role was denied. They're $20k off on base salary for market, our asset size, and experience but say they’re on target. I found out that one of my new hires, who has half my experience and 1/4 of my responsibility is earning just 4k less than I am. They justify this with the 10k bonus I receive. My job reports to the board and is critical at the juncture we’re at as a company. They rave about me but can't pay fairly, and they won't budge.

like

Question for MITRE employees: if you already work at MITRE, then apply to a different job vacancy (within MITRE but in a different department and where the position is externally advertised), and then get the position… how do you handle the salary negotiation? ………….. Let’s say the new department offers you 180k… I know you’re always allowed to ask for more, but do you negotiate for more or no because you’re already a MITRE staffer? If you do, how much more would you ask for above 180k?

like

What is pay scale current for Maintenance/Utilities Technician’s I’m located in the Midwest within an area of 40k people within a 15 min area. I am 7 years into maintenance and did not attend trade school, but have multiple certifications in Ammonia Refrigeration. I’ve been with this company 10 years+, current salary is $77.5k + 5-6% annual bonus. Issue is newer techs with far less experience, knowledge and willingness to work or learn are within 3-4k. Just seeing market avg for comparable areas

Hello 👋🏾, I’m very new ( 3 years in now ) to the engineering tech world i got a position last Sept as an engineering admin servicing a couple of buildings for 68k a year salaried and i was hybrid. I was just asked to take in a larger triage role, globally, fully remote. They haven’t told me what my raise should be yet but what ball park should i be in ???

like

What’s the best way to look up current salary submissions besides Glassdoor? Entertainment industry transparency would be a plus.

like

Any idea of what a property Area Manager/Regional Manager starting salary range is around with 15 years of experience.

like

Received an offer in corporate finance at a large media company. Gave the HR rep a figure during interviews, and they said salary cap for the position was 10k lower. Offered a sign-on for the difference, but the base is significantly lower than TC I’ve seen for comparable roles outside media by ~20-25k.

They used the term “best and final offer” over the phone but made it clear that I am a highly desirable candidate for the team. Do I have leverage to negotiate more, or are salary caps real?

like