What are the dos and donts of obtaining a competitive offer to get a raise? What about timing? Is it tacky to do it right after promo season?

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Do:

Interview with other firms
Discuss salary and comp with peers inside and outside your firm

Don’t:
Allow your firm to tell you it’s not possible

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Don’t go through an interview solely for the purpose of getting leverage for a raise. It taints the relationship with your current employer because you’re essentially holding them hostage by doing that.

If you deserve a raise, request one. If it’s promo season, ask before they give raises. If it’s not enough, say something. All the while, be prepared to leave, you can find better money somewhere else.

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