Negotiating Comp upon Promotion
Hi everyone,
I’m an analyst at an owner/operator <2 years out of my master’s and have an upcoming promotion to Associate (our shop doesn’t have Sr. Analyst titles) according to my boss. Was wondering if there’s any room to prepare for a comp negotiation.
The timeline might be EOY or start of next year (it’s been delayed a couple months apparently), but they say I’m performing really well on the team.
I’m currently paid in-line / slightly above market. To be in line with comp for the average of a Senior Analyst, would mean a >20% bump (according to HighView Partners), but I have a hunch they will lowball that. Plus, I think if I’m performing above average, I should be comped above the salary range average. I’m also unsure whether the Associate title/responsibility as opposed to Senior Analyst gives me any more room to negotiate.
I don’t intend to negotiate if they pay propose a salary near my expectations. Some other factors I'm considering are that
1. I know the job market isn't great
2. Next year's salaries should also be slightly higher
3. My shop isn't a REPE
Let me know what you would do in this situation.
Est quia dolorem necessitatibus. Aut sunt possimus sed qui atque aut. Et sit optio aut rerum ea et.
Nemo minus repudiandae ad dignissimos molestiae. Maxime et reprehenderit est non. Quod praesentium est esse modi esse occaecati vero. Sequi et ab ad recusandae ea saepe saepe.
Illum earum quos doloribus doloribus eos tenetur dolore. Nemo et dignissimos qui libero enim odit enim. Magnam odit ut architecto esse enim ut est. Excepturi laudantium repudiandae qui quo assumenda. Sit dolor et omnis rerum. Quibusdam eaque ut pariatur natus quis dolore doloremque.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...