Just got PROMOTED - how to negotiate salary?
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Points)
on 9/1/11 at 3:25pm
So, yours truly just got promoted. What is the best way to renegotiate my salary?





Ridiculous...New
Ridiculous...New car...promotion...condo...money in the bank. good work MBP
The answer to your question is 1) network 2) get involved 3) beef up your resume 4) repeat -happypantsmcgee
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Haha, it's been a good year!
Haha, it's been a good year! Any advice about salary negotiations? Am I just supposed to take what they offer? Doesn't seem reasonable.
-MBP
you go from SA to Manager?
you go from SA to Manager?
Start high. You already got
Start high. You already got one offer this year that offered you roughly double what you're making. I have no idea how it works at Deloitte but at my firm there are bands for each position and you can be paid anything within that band. Pretty sure its on you to determine if you're near the top or bottom of that range though.
If I had asked people what they wanted, they would have said faster horses - Henry Ford
SC to Manager... It goes: BA,
SC to Manager...
It goes: BA, C, SC, M, SM, P
-MBP
happypantsmcgee wrote: Start
Start high. You already got one offer this year that offered you roughly double what you're making. I have no idea how it works at Deloitte but at my firm there are bands for each position and you can be paid anything within that band. Pretty sure its on you to determine if you're near the top or bottom of that range though.
We have bands too, but the thing is that say I get near the top of the band. I'm not going to be promoted to Senior Manager for at least 3 years. Does that mean I won't be getting raises since I'm already at the top of the range?
-MBP
I still don't know what the
I still don't know what the range for that position is. Go watch the TED talk about salary negotiation, pretty good stuff.
To answer your question, its completely dependent on your firm. For me, no that would not be the case but even if it was, would it matter. Would making 120 now with no raise for 3 years be worse than making 110 then 115 then 120? If you're at the top and thats all they're going to pay you then take that amount for 3 years?
If I had asked people what they wanted, they would have said faster horses - Henry Ford
Well done sir. I don't know
Well done sir. I don't know how consulting works, but I'd say highball it a bit - it seems to me that the lower ranks are the ones where you're more of a commodity, though that obviously may be mostly in the non consulting world where making it rain is a criteria for the higher ups. Out of curiosity, do you plan on staying at Deloitte for the long run? Do people normally switch out after making it to manager, or what?
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...was definitely because of
...was definitely because of the new car.
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Congratulations and thanks
Congratulations and thanks HPM for that TED video reference.
Thats a good point happy,
Thats a good point happy, even if there's no raise it's still a better deal. So The base range is between 110 and 150. I'll be happy if I get at least 125K base. Should I ask for 130 then? 150 just sounds crazy high, considering my current base is 100.
-MBP
What're they gonna do, fire
What're they gonna do, fire you for asking?
“...all truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident.”
- Schopenhauer
seabird wrote: Well done sir.
Well done sir. I don't know how consulting works, but I'd say highball it a bit - it seems to me that the lower ranks are the ones where you're more of a commodity, though that obviously may be mostly in the non consulting world where making it rain is a criteria for the higher ups. Out of curiosity, do you plan on staying at Deloitte for the long run? Do people normally switch out after making it to manager, or what?
I've pretty much decided that I don't want to be partner. I think I'm going to plan an exit into industry in a couple years. They say that the best time to exit is Senior Manager, because you can lateral over as a Managing Director at a bank (I would probably be looking at Risk Management, Corporate Treasury type functions when I lateral over). If I lateral out as a Manager, I should be able to get hired as a Director, so I'm not sure what's better. Sticking it out until SM and jump to MD (in 5ish year), or jumping to Director level in 2 ish years.
-MBP
seabird wrote: What're they
What're they gonna do, fire you for asking?
Probably not, but I also don't want to come across as insanely greedy. I think it would show a little humility if I ask for mid range...
-MBP
MBP, congrats on the promo.
MBP, congrats on the promo. There's nothing wrong with showing them your time is valuable. Start at the upper end -- you have nothing to lose.
Congrats man, seems like
Bargain high and let them
YOU JUST GOT TROLLED
http://www.troll.me/images/red-foreman322/dont-you...
Ok so for a few more details
-MBP
manbearpig wrote: I've pretty
Congrats, make Gore proud!
If the glove don't fit, you must acquit!
Congrats on the promotion!
Kanon wrote: manbearpig
-MBP
manbearpig wrote: Kanon
Kanon wrote: manbearpig
-MBP
Congrats man. Hope they bump
"Well make more fuckin' money. This is America. You don't make money, then you're a fuckin' douchebag." - Mr. French
manbearpig wrote: Kanon
If I had asked people what they wanted, they would have said faster horses - Henry Ford
Word up. Congrats on the
manbearpig wrote: The HFoF
happypantsmcgee
-MBP
Kanon wrote: manbearpig
-MBP
WalMartShopper
-MBP
So is VP the equivalent of
happypantsmcgee wrote: Go
Congrates!!! Ask for 150,000
Deloitte pays that much huh?
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tell em less hours
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If I had asked people what they wanted, they would have said faster horses - Henry Ford
Would also love a link, HPM.
A lot of people do certain things to add days to their life. I do things to add life to my days.
chron3k wrote: So is VP the
-MBP
ConanDBull wrote: Deloitte
-MBP
A Posse Ad Esse wrote: Would
-MBP
MBP... you are 24 and a SC
MBP is also a math major last
Congratulations! Keep on
chicagoforlife wrote: MBP...
-MBP
OP, I was in the same
ivoteforthatguy wrote: OP, I
-MBP
^ Gotcha. Still, ask for
ivoteforthatguy wrote: ^
-MBP
Please do.
A lot of people do certain things to add days to their life. I do things to add life to my days.