Just got offered an internal position and they didn’t tell me upfront how much I would be compensated but said it would be a 14% increase from my current base salary. When I calculated it, it wasn’t even close to what I was expecting. It’s above their minimum for that level range. Should I still try to negotiate and how so? Its for a fixed income trade support liaison role. What’s the average salary for this position?

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Your challenge is that this is an internal move, which is probably why they are offering on the low end. You'd have more leverage as an external hire, but they know exactly what you make today, and are factoring that into the offer. Present factual data on what you think the position is worth and why, and be fully prepared for them not to budge.

They know exactly how much more the new job will pay you, so there no guessing what they need to match, you're better off trying to get an offer from a new company of you want a large increase.

That said, 14% is a decent increase for a promotion, which is what this amounts to.

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Thank you!

Where does your expectation come from? Sounds to me like that's where the problem is.

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I’ve looked around online to see what others in the area are being compensated for this same type of position and their minimum is showing pretty much what I am being offered. I’m not aiming for the highest the offer but I am seeking about 2-3k more

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