Its currently the appraisal season and I came to know that I have been hired at a discount. Same role, same company, same yoe, colleague of mine is getting 50% more than what I am being paid.
This has been a total destroying experience for me from the point I have know this fact

Is it fine to talk to my manager to ask for the correction and also propose a hike as I dont have any offer in hand as with my work I am getting projects which I expected? If yes how to approach If no, what to do?

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

I am no expert, but you have to ask for what you want in life.
1. Think if what's the worse that could happen.
2. Think about your managers reaction to it.
If these two things are palatable for you.
Go right ahead!
Come up with solid reasons as to how you perform as well as any one else in your role in the company.
Don't name the guy who earns more and look at this as a way of understanding if you are valued at your current company.
If you feel you are not maybe it would be wiser to look for better opportunities out there.

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Two outcomes:
1. They provide you hike. (Which i have never seen without resigning)
2. Convince you and create a backup for you. So you are no more needed for them.
Choice is yours.

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.

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