Received an offer for an internal promotion from UX Designer to Lead UX Designer at large global financial company. Increase in pay is incredibly substantial but less than what I was anticipating. Other designers in the company earn the same as what I was offered, even without "lead" title or managerial responsibilities. However, even with my knowledge of the enterprise ins-and-outs, I don't have this next level of experience (yet). Should I negotiate for more pay?

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Yes. Definitely. When I got my promo I mentioned to my manager that I've been approached by many recruiters for similar roles and the numbers offered to me are higher (truth). My manager ended up getting me a 40k retention bonus (which I did not accept because retention bonus comes with having to stay 1 or 2 years.) But this shows that there is always room. Get a feel of what's out there for similar roles and talk to your manager about your concerns for being under paid.

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There is no retention cash 😞 and there isn't a cap per se, but the company feels like they are making a fair offer because it is 20% penetration into the pay range ($85k-140k, as designated by company). I'm happy it's mid-range and not at bottom, but you raise a good point about me feeling confident in their valuation of me if they're willing to increase the compensation. I've been with them 10+ years and like the benefits and people too much to leave, not to mention I love what I do and feel like I have lots more to accomplish. And it's not like I'm asking for $50k, I'm asking for <$5k...

I appreciate your answers! I feel a lot better knowing that other UXers out there have experienced this.

Worst they could say is no

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