(Closed) Pay Raise Negotiation

posted 5 years ago in Career
Post # 3
Member
1572 posts
Bumble bee
  • Wedding: September 2013

Commenting to follow because I am in the exact same position.

Post # 4
Member
1659 posts
Bumble bee
  • Wedding: July 2012

@Silverblade:  I feel like one of three things is happening:

1. They know that they have you at a bargain and they’re waiting for you to ask for more money.  When you ask, they’ll give you a substantial raise.

2. They know that they have you at a bargain and they’re waiting for you to ask for more money.  When you ask, they won’t be able to give it to you because they don’t have the budget.

3. They have no idea that they should be paying you more and will be happy to give you a raise to keep you in your position.

I think that you should go in asking for 25% but know that realistically you will not get a 25% raise.  Hopefully they’ll be able to give you a raise that will make your rate of pay more competitive. Ask what the outlook is for your position, and what you can do to be at a higher pay grade and to continue to develop and progress.  If they make it sound like there is a future with more money for you, great!  Do everything you can to work toward that.  If they’re wishy washy or not specific, start looking for another job.

If they can’t give you a raise, I’d let them know that you will be looking for another position where you can be compensated fairly.  That might let them know that you’re serious.  And do it – start looking for a new job. Get an offer that’s at that 25% + higher rate, and go to them with your new offer.  Either they’ll counter to try and keep you, or you can take the new position – either way, you’re making more money.

Post # 5
Member
652 posts
Busy bee

@Silverblade:  here’s the thing, we were always told the only way to get a huge raise is to move to a different company. You can ask for one and also tell them honestly according to your research, this is how much you’re suppose to be getting paid. If they give you, that’s great. But if they don’t, the just drop it and secretly find another job and don’t let them know. Someone somewhere will eventually give you the right range you deserve. Good luck! 

Post # 7
Member
3150 posts
Sugar bee
  • Wedding: May 2018

@Silverblade:  getting a 25% pay raise is virtually unheard of unless you’re getting a title and a new position. Seems like you have done your homework, but that’s a big ask. I guess it depends on what the actual numbers are- if you’re asking to go from $10 to $12.50 I think that’s reasonable. But to go from $50k to $62k may be a stretch. 

More power to you- it would be awesome. 

Post # 8
Member
13 posts
Newbee

@Silverblade:  I have found the best approach to take in these situations is to understand what value you bring to the company.  It’s great to know what said position goes for in the local market, but ultimately you need to show that you’re worth what you’re asking (not the suggested value of your position).

Annual reviews are tricky – people tend to remember the 3 months immediately prior and the 9 months before are a little foggy.  Make a list.  Every project, every initiative, every positive you can think of – write it down.  Be prepared to explain it in a behavioral aspect – the problem (what existed before you), the solution (your brilliance) and the outcome (how this benefitted the department and ultimately the company).

Let them suggest a number first, and consider it negotiable in one way or another. If they pitch a number you’re not happy with, respond politely with what you feel is more appropriate and be prepared to support it.  If you’re declined, ask them explain and support why not.  If they truly can’t match the money, ask for concessions elsewhere.  Perhaps a revisit in 6 months instead of 12, additional vacation time, flex hours, etc.  

Salary negotiation always feels very personal, afterall we pour our hearts into our work (or at the very least our lives) and as difficult as it is, you have to take the emotion out of it, it doesn’t have to be a conflict.  It’s a business decision for both parties and ultimately that how both parties should address it.

Best of luck!  πŸ™‚

Post # 10
Member
259 posts
Helper bee
  • Wedding: June 2013

@Silverblade:  Tough one…I recently went from $55k to $65k, but I also got a promotion/change in title. I didn’t negotiate, they offered, I accepted….so I cannot speak from direct experience.

Howeve, I think you have done a great prep job of making a strong case. As another PP said, you can go in asking for 25%, but be prepared to either take less or look for other employment. I like the recommendation to bring another job offer (if you get one) back to your employer if needed.

Post # 12
Member
1006 posts
Bumble bee
  • Wedding: November 1999

I have no experience in this area personally but you sound REALLY prepared.  If it’s possible, the info you have is probably the only way you’ll get it.  If possible, maybe instead of saying “I want a 25% increase”, say “I want to be paid xx per hour”.  Five dollars more sounds less dramatic to me than the percentage itself.  

Post # 15
Member
1006 posts
Bumble bee
  • Wedding: November 1999

@Silverblade:  I’m hourly and my field is mostly hourly but from what I’ve seen from friends, salary is not necessarily a good thing.  It means the same amount on each paycheck, but one friend (a manager of a bar) is on salary and works 60+ hours per week just because there’s so much to get done.  He doesn’t get overtime- I think some salaried employees can.  Personally, I like seeing my hours translate directly into dollars.  Most of the time your checks are within a certain range, right?  I can’t imagine that they would vary that significantly unless your hours are really irregular. 

 

Edit: also I LOVE getting overtime and I wouldn’t want to give that up.  πŸ™‚

Post # 16
Member
1880 posts
Buzzing bee
  • Wedding: April 2013

Yeah… I’m usually salaried and my hourly wage works out to well under minimum wage. So if your hours could be drastically upped, which I’d not be surprised by given the amount of extra work they’re putting on you with no extra pay, I’d be wary of that.

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