What is a typical salary raise percentage when promoted from VP to SVP? Was just promoted and got an 8% salary increase but that feels low and I am pretty sure I am still under the salary band for SVP

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Industry standard for a levels increase/promotion is typically 15-20%. At this rate, 8% barely covers inflation YoY. Do you have any peers you can ask to try and get a handle on the salary band? Or simply just ask your manager what it is? You don’t get what you don’t ask for. Push back!

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