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Reasonable salary negotiation

 
forum comment
#0 Reasonable salary negotiation
 
Gentleman Jim
09.02.10 00:00
 
<b>1) How "reasonable" am I being?2) How likely am I to succeed if I push for an out-of-policy salary increase?</b>I&apos;d like some feedback on what "reasonable" requests I should take into my salary negotiation, and how far the "new normal" for salaries has shifted.The situation is this: I was promoted from a consultant to a senior consultant grade last year. This was a pay freeze year across the firm globally, so I did not get the step up in salary that usually goes with the promotion. However, I got the enhanced benefits package that goes with the grade.This year, the policy is that pay rises are allowed, but restricted to a small percentage margin. This would mean that I get a small increment on an already low (relative to grade) figure. On this basis, my earnings would be near-static for at least 3 years (2008 to 2011).Whilst I appreciate that the blanket policies in both 2009 and 2010 are trying to be "fair" across the board, I am starting to feel the personal pay disparity more acutely. My salary is below the latest Top-Consultant benchmarks. Perhaps more importantly, it is below those of peers who happened to be promoted a year before, and below my expectations. I am conscious that each year my salary remains static during the "rapid progression" phase of my career, the higher the opportunity cost I pay.Which brings me to the two questions: how "reasonable" am I being, and how likely am I to succeed if I push for an out-of-policy salary increase?I do not wish to push for something based on outdated expectations (e.g. if the salary benchmarks reflect only historic promotes and with-promotion salary increases are no longer the norm).Similarly, I do not wish to argue for something - no matter how correct - if current market inefficiencies (employer power, labour market stickiness, etc.) mean it cannot be achieved. It would be far better to try and move jobs than to stir up a lot of pointless friction over money before moving anyway.
 
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forum comment
#0 RE: Reasonable salary negotiation
 
anon
09.02.10 00:00
 
The answer is to move employers.Even if you get a pay rise this year, it will only be a short term thing. It will be normalised out next year.
 
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forum comment
#0 RE: RE: Reasonable salary negotiation
 
mac
10.02.10 00:00
 
What&apos;s in it for your employer?Would they care if you went elsewhere?That&apos;s your sales pitch - not &apos;It&apos;s not fair&apos;.
 
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forum comment
#0 RE: RE: RE: Reasonable salary negotiation
 
Anon
10.02.10 00:00
 
In my experience, employers actually respond better to the &apos;it&apos;s not fair&apos; argument. They seem to understand it and will often try to &apos;work something out&apos;. Threats such as &apos;I can get paid more with your competitors&apos; tend to get their backs up and are often responded to by &apos;join our competitor then&apos; (but usually in nicer language).
 
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