CBRE Loan Servicing Grunt
I have been an analyst at CBRE Loan Servicing for a while now. I am afraid I will be passed over again in March for a promotion and salary increase. We had another analyst put their notice in, and I am about to be the sole analyst on a quite extensive portfolio. I have never said no to any additional work or projects, and when first hired, I unburied the reporting that was significantly behind. They will not hire another analyst because it must undergo countless corporate approval BS processes. Am I crazy to think that a title change and salary increase wouldn't be too significant of an ask? One more thing to note: I was told multiple times that if you want the biggest raise, you should get another offer in hand and threaten to leave. I don't want to do that, but I will if I have to. Any advice would be greatly appreciated.
Based on the most helpful WSO content, here are some insights and advice for your situation:
Promotion and Salary Increase Justification:
Approach for Requesting a Raise:
Alternative Strategies:
Considerations from Similar Scenarios:
By following these steps, you can make a compelling case for your promotion and salary increase, ensuring your contributions are recognized and rewarded.
Sources: Would you take a step down in title & pay for dream job?, Q&A:Commercial Banking SVP Ask Me Anything, https://www.wallstreetoasis.com/forum/consulting/just-got-promoted-how-to-negotiate-salary?customgpt=1, Q&A:Commercial Banking SVP Ask Me Anything, Need advice on asking for promotion
Are you working at one of the big banks? Citi? WF?
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