So I recently got approached by a recruiter from a comparable agency offering me around 10% more then what I currently make to do the same job. The thing is I love my current agency team, boss, and clients, but I have a sense that I’m getting paid less than expected for my experience/track record. Should I let my current boss know prior to going through the interview process to see if they will offer a raise or should I wait till I possibly receive a written offer and use that to bargain?

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It might sound ruthless but I’d wait for the offer. Your market value will be official at that point and you have something to negotiate with, rather than a very vague ‘I was asked to interview’. I’ve done it twice and my angle has always been my market value has increased so can you match or better it? The argument is both true and fair. Good luck!

likesmarthelpful

I’d push for a merit increase/salary adjustment rather than go elsewhere (and perhaps forego an offer elsewhere as leverage) if you’ve got all that going on at your current place. It’s so hard to find a place where you like the work, team, and boss.

likehelpfulsmart

As a senior leader of an agency I can let you know what I would want my employees to do.

Come to me. Talk to me about your situation and that you know you are worth more in the market place. Have a frank conversation about You're worth in the marketplace. But also mention how you'd prefer not to leave because you like where you're at.

The one issue you'll have is that bigger companies are on cycles. You may want to put a little pressure on them to give you an answer on what's possible within a specific time frame.

If they won't go out of cycle then start get the other offer in hand and consider giving your notice. At that point they have a decision to make and so do you. Just remember it's a small industry and you don't want to burn any bridges. Do everything nicely and be upfront whenever possible.

Ill be honest 10% isn't enough to make a jump unless you're a very senior person. I would push for at least 20% without letting the recruiter know your current salary.

Just let them know what it would take for you to make a move.

likesmarthelpful

This, but have an offer in hand. Industry is too small once you tell anyone about it, it could be over. Also, if you haven’t interviewed, they haven’t offered you a job with 10% more. If you do go this route - don’t say 10%. Ask
For your market value if it’s higher.

Finally, two things can be true. You can like your job and team and clients but also get offered something just as exciting. Hear them out, if it goes well, you can probably get more than 10% there.

likehelpful

10% isn’t significant enough to make a jump especially if you love your current team. Stick around and have discussions with your current agency team on an elevation plan.

likehelpfulsmart

What GCD1 said

likehelpful

I’d get the offer first. It will give your manager ammunition to advocate for your increase in a way a simple request would not.

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It’s 10%. On a Strategist salary that’s not that much. If you have a good relationship w your boss just speak to them. Don’t put a gun to their head with an offer when they can prob just get that approved.

likesmart

💯

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Don’t talk to your boss about it without an official offer. If things don’t go how you want you need protection and a backup plan.

likehelpful

Many have said this here: dangling a 10% pay bump as enticement to interview is not the same as a written offer. I would talk to your boss about how you love the team/agency, and gently inquire about a raise (or the time frame to ask for one). Simultaneously, I would interview with the other agency to see if you do actually get an offer. If yes, you have the leverage to ask for more $$, but you will also have to be committed to leaving your current agency if it doesn’t or refuse to match it.

likehelpful

Ask for 20% more or whatever amount that would make you feel fairly paid and worth the change. If they don’t give you what you think/know you’re worth someone else will, most times it’s worth putting your foot down even if that means waiting.

helpful

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