/biz/ - Business & Finance

>>12401957
10%-15% raise is a must have every year

Otherwise leave the company and go for a new job in the same sector. Then you get 20%-25% plus pay raises

>>12401957
At the company I'm at I went 45k --> 60k --> 80k --> 90k --> 125k. It's about what you're worth. If you were looking for another job now, how much would the jobs you're applying for pay? How much does the company value you (and I mean specifically YOU, not your position)? Are you working the same job and just want more money or are you prepared to take on additional responsibility? Use these three things to ask for a fair wage and make a business case for yourself as part of your negotiation. For example:

-Find salaries (glassdoor) for comparable roles (either what you're doing or what you are proposing you'll do)
-Write down every way you add value to the business & put numbers to what you can put numbers to. Include anything that makes you unique vs. who they'd hire to replace you. Don't discount your 2 years with them as that is 2 years of intrinsic knowledge specific to your company you now have which they'd have to likely wait 2 years for someone else to get to.
-Write down how you'll continue to add value in coordination with the company's 2019 goals

Act as if you are pitching your business idea to a VC firm. Find your sellable points and understand your true value and then sell yourself for what you think you're worth.

If at the end of the day you don't think you're worth what you're asking for, then the conversation should be more like:

>"I want to make $X. I know I've added value to the company in ABC way's. What responsibilities can I take on to get me to $X this year?"

>>12402186
Oh also I should mention those were raises over 3 years of time.

>>12402197
And to bombard your post more the main point I'm trying to make is - prove you're bringing more $ in than you're taking out. If you're ROI positive, you're a good business move. Any business operating well will understand that.

>>12401957
Just as they do not owe you a job, you do not owe them an employee. If 57k isn't going rate for someone for someone who isn't completely green, then very plainly ask for it. Chances are, if you're working out, that they don't bitch out and take the risk and cost of adding an unknown replacement.

Also make sure that you are properly titled so that other employers don't think they can knock you back a year.

>>12401957
40k USD is a pretty shit salary why don't you just come work here in the states?

>>12402107
>Leaving a company after only a year because they aren't giving you more money simply for staying on
>Hurr capitalism is why I am poor

The absolute state of millennials.

>>12402257
That's literally why I left my previous company. Went from $75k/year to $120k/year

>>12402257
He's only wrong in that it doesn't matter what raise you're getting at the company you're at. There are plenty of statistics proving moving from company to company is the best way to quickly increase your salary, and most of those studies suggest a year is the best time to move on. People who are ladder climbers or want to be absolutely should be moving on from a job year after year. Eventually your lifestyle will change and by that point you'll probably have some pretty comfy quality of life offers available to you, and you can make a call if you want to keep grinding or take the $250-500k paycheck w/ equity and clocking out at 4:30pm every day.

>>12402257

Post mentioned nothing about how many years worked at company.

Op has been at his job for over a year.

God damn the fucking state of boomers. Get those eyes checked gramps.

>>12402285
Not every year retard

Every 2 or 3 so u dont look like a whore

>>12402409
No, I'm not talking about your opinion or assumption (which is worthless, for your own reference). I'm talking about statistical evidence, data.

If you want to talk anecdotal purely, I can tell you about an ex-colleague I have who has switched jobs 3 times in the last year and gotten a pay raise & position increase each time, and went from making around $80k to $200k within 1 year.

All it says is you are a desired person who is continuously being courted by companies and are willing to take on bigger and bigger challenges. It's the company's job to do what they can to keep you around, it's not your job to stick around when you could be making more money and building your career better elsewhere. Nobody in their right mind would be stupid enough to think they need to stay at a company just so it doesn't look bad on their resume. How does a promotion and pay raise look bad?

>>12402186

>grovelling to Mr Shekelberg for a shit tier wage which doesnt even compensate for the hundreds of extra unpaid overtime hours you clock in with all the new responsibilities piled on you

Absolute state of wagecucks

OP here

Just got out of the meeting, tried to start talking about a wage increase and the boss says “oh we’re doing pay assessments in mid year” even though my last assessment was in January 2018.

j u s t

>>12403255
>bands
>ranks
>yearly assessments

How do wageslaves buy the bullshit with a smile on their face? I remember my own times back when I was a wagecuck, holy shit

>>12403276
While I was getting my first job, they made me really uncomfortable when I brought the topic of my wage up.
So I worked a month without knowing what I was getting paid.
Turned out it was about 10% higher than the minimum wage. I worked this out for a while before a decided to ask for a raise.
I was told they didn't do raises like that and even if they did it would be less that 5%.

>>12402257
Stockholm waggie cope

>>12402107

I would say 10% a year is the norm if you're doing a great job.

If you're just shuffling paper and not doing shit, 3% to 5% is the norm.

Been getting 10-15% salary increases for 5 years now, and my workload has decreased, I live very comfortably with my parents and funnel all of my money into crypto and vangurds, and have just bought a rental property.

>>12405033
that sounds about right. i started at 50k and worked up to 150k through raises and promitions at 10% to 15% per year, but now i'm just about at the cap unless i want to become a manager of people (i dont).