NYC

Raise in 6 months? I joined in january and ive since been doing 3 jobs bc few people outside of my team left. Mgr decribed a plan to update my role. How to bring up $ and how much % can I ask for?

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One of the worst mistakes you can make in your first year is to give the impression that you’re primary motive is compensation. Wall St. firms perform annual salary reviews to decide how comps are to be adjusted. It’s difficult if not impossible to go outside of the annual process so my advice is don’t try. You could seriously compromise your relationship with your mgr by asking for a mid-year raise. Your first year should be all about proving your value added to the firm. If you really are covering 3 jobs for your mgr then you should be given a high rating and well rewarded next winter during the annual review. Think long term about your career at GS, not near term comp. You could seriously compromise a promising start by appearing greedy.

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Im not new to the bank; just the team. Because they are creating a new requisition for this role that they’d like me to apply to, Im just worried in 6 months they will say “you had your chance to negotiate when you were moving into the new requisition.”

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