iamshack Posted January 5, 2011 Share Posted January 5, 2011 Yesterday afternoon I interviewed for a different position within my company that would be considered a fairly decent promotion for me. I am very confident they will offer me the position when they complete the interviewing process. What kind of raise should I try and negotiate for? 10%? 20%? 33%? What does everyone feel about this? Quote Link to comment Share on other sites More sharing options...
chetkincaid Posted January 5, 2011 Share Posted January 5, 2011 It's totally dependent on the type of job you do now vs. what you would be doing in your new role... time you have with the company... new responsibilities... the size of the promotion... etc. Quote Link to comment Share on other sites More sharing options...
FlaSoxxJim Posted January 5, 2011 Share Posted January 5, 2011 It doesn't matter as long as you play hardball with them until they cave in and pay you in chewing gum like in the TV commercial. Quote Link to comment Share on other sites More sharing options...
iamshack Posted January 5, 2011 Author Share Posted January 5, 2011 QUOTE (Chet Kincaid @ Jan 5, 2011 -> 02:54 PM) It's totally dependent on the type of job you do now vs. what you would be doing in your new role... time you have with the company... new responsibilities... the size of the promotion... etc. Yeah, I was expecting someone to say this... I didn't want to bore you guys with all the details... Let's just say it is a fairly reasonable promotion. I have been there 2.5 years. I was approached by the leader of another group within the company as asked about my interest in this position. I would basically be going from what is an level 1 position to a "senior analyst" position, which is a fairly decent step up. New role would have more responsibilities and duties, but I don't want to make it seem like it is taking on an incredible amount more than I did before. Quote Link to comment Share on other sites More sharing options...
HeGone33 Posted January 5, 2011 Share Posted January 5, 2011 There are a ton of variables here as Chet said, my advice would be to do salary research for the industry and job you have, specific to your geographic area. My employer just conducted the research on their own, and bumped those at my level up another level to keep us competitive within the market. Have you thought of the possibility they would want someone to jump from level one to "senior analyst" so they don't have to pay the typical "senior anaylst" salary? Quote Link to comment Share on other sites More sharing options...
RockRaines Posted January 5, 2011 Share Posted January 5, 2011 Look up that specific role at your company on glassdoor.com and it will give you a salary range. Ask for the top end of it. Quote Link to comment Share on other sites More sharing options...
iamshack Posted January 5, 2011 Author Share Posted January 5, 2011 (edited) QUOTE (HeGone33 @ Jan 5, 2011 -> 03:24 PM) There are a ton of variables here as Chet said, my advice would be to do salary research for the industry and job you have, specific to your geographic area. My employer just conducted the research on their own, and bumped those at my level up another level to keep us competitive within the market. Have you thought of the possibility they would want someone to jump from level one to "senior analyst" so they don't have to pay the typical "senior anaylst" salary? A few things: 1) My industry is kind of bizarre. I work for the utility company in Nevada, in what is called the "Resource Optimization" group. I am what is called a real time power trader. There are only 10 of us in the entire state of NV, all within my office. There are usually 1-3 major utility companies in each state, so as you can see, there aren't that many people that do what I do. There are also energy marketing groups, which are basically banks or other financial/investment/energy related companies like Citibank/Barclay's/ Shell/JP Morgan/Merrill Lynch, etc., located in Houston and NYC. So it is difficult to get data like that specific to geographic areas, since we are really the only data points available in the entire state. Secondly, we are probably compensated at my company below the market, or on the lower-end of the range. The company can do this because the people in our group are isolated. I would literally have to leave the state in order to take a position elsewhere. I put up with this now because I have a pretty cush position and I get gobs of time off. I feel that my quality of life is greater than it could be at most other companies. But if I took this position my schedule would change and be less favorable, so that would be a factor. Thirdly, they are only hiring internal candidates for this position, and I know who the others are, and I don't think they really want to hire any of the others, so I probably have some increased bargaining power there. I would be coming from another position, but I guess the natural progression would be to move up 1 level, which I would be. As for the jump in levels, it's really not as big of a jump as it sounds. The first level is "analyst," the second is "senior analyst," the third is "staff analyst," and the fourth is "consultant." Then above that is management level. Edited January 5, 2011 by iamshack Quote Link to comment Share on other sites More sharing options...
iamshack Posted January 5, 2011 Author Share Posted January 5, 2011 QUOTE (RockRaines @ Jan 5, 2011 -> 03:45 PM) Look up that specific role at your company on glassdoor.com and it will give you a salary range. Ask for the top end of it. Funny you mention that....it is very difficult to find salary info in my industry because positions are called all kinds of different things, and there are all kinds of different bonus structures involved and what not. But I did a search and actually pulled up the exact same job at my company. The range it displayed which was fairly small from low to high ($7k), and what I was going to ask for was right smack in the middle of that range. So I suppose I am on the right track. That website is interesting...I had no idea that sort of data was available. Quote Link to comment Share on other sites More sharing options...
RockRaines Posted January 6, 2011 Share Posted January 6, 2011 QUOTE (iamshack @ Jan 5, 2011 -> 04:00 PM) Funny you mention that....it is very difficult to find salary info in my industry because positions are called all kinds of different things, and there are all kinds of different bonus structures involved and what not. But I did a search and actually pulled up the exact same job at my company. The range it displayed which was fairly small from low to high ($7k), and what I was going to ask for was right smack in the middle of that range. So I suppose I am on the right track. That website is interesting...I had no idea that sort of data was available. Oh yeah, in my profession this is a must. I always check out the feedback from people on that site as well. It helps to know if you are also going to do a drug screen... Quote Link to comment Share on other sites More sharing options...
iamshack Posted January 6, 2011 Author Share Posted January 6, 2011 (edited) QUOTE (RockRaines @ Jan 5, 2011 -> 07:13 PM) Oh yeah, in my profession this is a must. I always check out the feedback from people on that site as well. It helps to know if you are also going to do a drug screen... I've got a lot of vices, for whatever reason, that is about the only one I don't indulge in.... Have my strategy down and am willing to walk away from the offer if they don't give me what I feel is fair. Going to ask for an increase of about 35%, which is probably a bit on the high side, but considering they are asking me to give up some perks, including my schedule, take a lower bonus structure (which is going to cost me about $5k a year), and they specifically talked about me doing some work on the regulatory side of things and putting my legal training to work, I feel like it's fair. I'd probably take about a 29% increase, but once you factor in the reduced bonus structure, in gross pay that's more like a 25% increase. That would be well within the range they posted in the listing, and well within the market value for the position. If they won't pay up, I'm going to walk away, because there is another opportunity around the corner that I am more interested in. Edited January 6, 2011 by iamshack Quote Link to comment Share on other sites More sharing options...
RockRaines Posted January 6, 2011 Share Posted January 6, 2011 QUOTE (iamshack @ Jan 5, 2011 -> 07:59 PM) I've got a lot of vices, for whatever reason, that is about the only one I don't indulge in.... Have my strategy down and am willing to walk away from the offer if they don't give me what I feel is fair. Going to ask for an increase of about 35%, which is probably a bit on the high side, but considering they are asking me to give up some perks, including my schedule, take a lower bonus structure (which is going to cost me about $5k a year), and they specifically talked about me doing some work on the regulatory side of things and putting my legal training to work, I feel like it's fair. I'd probably take about a 29% increase, but once you factor in the reduced bonus structure, in gross pay that's more like a 25% increase. That would be well within the range they posted in the listing, and well within the market value for the position. If they won't pay up, I'm going to walk away, because there is another opportunity around the corner that I am more interested in. Good luck dude. I just did that and walked away from my job on tuesday to start at a competitor and my company finally came around today, too little too late. Hope it works out for you. Quote Link to comment Share on other sites More sharing options...
iamshack Posted January 6, 2011 Author Share Posted January 6, 2011 QUOTE (RockRaines @ Jan 5, 2011 -> 09:07 PM) Good luck dude. I just did that and walked away from my job on tuesday to start at a competitor and my company finally came around today, too little too late. Hope it works out for you. Thanks. The thing I have going for me is I'm perfectly willing to stay in my current position and wait for the next opportunity if need be. Good luck to you as well, I'll be interested to hear how things go at the new company. Quote Link to comment Share on other sites More sharing options...
Texsox Posted January 6, 2011 Share Posted January 6, 2011 Balance the pay today with what it may do for you down the road. I accepted a promotion that resulted in less real dollars but it put me on a career path I wanted more. Basically my compensation went from my direct sales to the company's bottom line. I made less in year one, but the move more than paid for iteself in years 3 and beyond plus putting me in position to leave and accept a much bigger role with another company, something I could not have done without the experience. Money may not be the only reason. Quote Link to comment Share on other sites More sharing options...
iamshack Posted January 7, 2011 Author Share Posted January 7, 2011 QUOTE (Tex @ Jan 6, 2011 -> 01:53 PM) Balance the pay today with what it may do for you down the road. I accepted a promotion that resulted in less real dollars but it put me on a career path I wanted more. Basically my compensation went from my direct sales to the company's bottom line. I made less in year one, but the move more than paid for iteself in years 3 and beyond plus putting me in position to leave and accept a much bigger role with another company, something I could not have done without the experience. Money may not be the only reason. Definitely true, Tex. Trying to juggle a few different options right now in terms of directions to go, but the timing is hard to align. Taking a bit of a risk whether I take this position or not, because it is a promotion from my current position but there is another position on the horizon that I want more. So I either take this one and miss out on something potentially better, or I pass on this one and potentially end up staying right where I'm at now, with no promotion at all. Quote Link to comment Share on other sites More sharing options...
nitetrain8601 Posted January 7, 2011 Share Posted January 7, 2011 Kind of related, kind of not. Didn't want to make a new thread, but if there needs to be one, please help mods. Anyway, I'm looking to break into the IT/IS industry. I'm currently going to school(only one more year left) for Computer Information Systems with a concentration on Database Management. The thing is, it's tough to break into the industry. I've been looking for a job in IT/IS for awhile and even help desks position request 2-3 years experience for Level 1 support. Anyone got any good tips? Quote Link to comment Share on other sites More sharing options...
iamshack Posted January 7, 2011 Author Share Posted January 7, 2011 QUOTE (nitetrain8601 @ Jan 6, 2011 -> 07:47 PM) Kind of related, kind of not. Didn't want to make a new thread, but if there needs to be one, please help mods. Anyway, I'm looking to break into the IT/IS industry. I'm currently going to school(only one more year left) for Computer Information Systems with a concentration on Database Management. The thing is, it's tough to break into the industry. I've been looking for a job in IT/IS for awhile and even help desks position request 2-3 years experience for Level 1 support. Anyone got any good tips? I'm not sure if this holds true with the IT department, but just apply for what you think you are capable of doing. It won't hurt. These employers seem to want Einstein and Werner Von Braun working for them, so they put all these qualifications and what not on their job descriptions. Find out what is customary in your industry in terms of schooling, certifications, experience, etc., but don't be afraid to apply! Quote Link to comment Share on other sites More sharing options...
nitetrain8601 Posted January 7, 2011 Share Posted January 7, 2011 QUOTE (iamshack @ Jan 6, 2011 -> 06:52 PM) I'm not sure if this holds true with the IT department, but just apply for what you think you are capable of doing. It won't hurt. These employers seem to want Einstein and Werner Von Braun working for them, so they put all these qualifications and what not on their job descriptions. Find out what is customary in your industry in terms of schooling, certifications, experience, etc., but don't be afraid to apply! Yeah, I hear you. I guess I'm kind of down because I applied through IBM for two separate internships that I thought fit me perfectly and was rejected after the first round. And I've been told by several people my resume and cover letter are top notch. Some even stole my format and already have got jobs, albeit in different industries. Quote Link to comment Share on other sites More sharing options...
RockRaines Posted January 7, 2011 Share Posted January 7, 2011 QUOTE (nitetrain8601 @ Jan 6, 2011 -> 06:47 PM) Kind of related, kind of not. Didn't want to make a new thread, but if there needs to be one, please help mods. Anyway, I'm looking to break into the IT/IS industry. I'm currently going to school(only one more year left) for Computer Information Systems with a concentration on Database Management. The thing is, it's tough to break into the industry. I've been looking for a job in IT/IS for awhile and even help desks position request 2-3 years experience for Level 1 support. Anyone got any good tips? Stick with being a database admin, theres alot of money in that for you if you stay with it. Help desk positions arent as stable since alot of people are farming out level 1 support. Keep me posted on when you are done, I may be able to at least steer you in the right direction. I know there are a few other IT people on here. Quote Link to comment Share on other sites More sharing options...
nitetrain8601 Posted January 7, 2011 Share Posted January 7, 2011 QUOTE (RockRaines @ Jan 6, 2011 -> 07:16 PM) Stick with being a database admin, theres alot of money in that for you if you stay with it. Help desk positions arent as stable since alot of people are farming out level 1 support. Keep me posted on when you are done, I may be able to at least steer you in the right direction. I know there are a few other IT people on here. Gotcha. Any idea on what positions I should be applying for. Many people I know stated I should get my foot in the door on the IT or IS side first, even if it's help desk, then work up from there. I've looked for junior DBA jobs, but it seems like they require experience as well. I guess, I should just keep applying and go from there. Quote Link to comment Share on other sites More sharing options...
RockRaines Posted January 7, 2011 Share Posted January 7, 2011 QUOTE (nitetrain8601 @ Jan 6, 2011 -> 07:22 PM) Gotcha. Any idea on what positions I should be applying for. Many people I know stated I should get my foot in the door on the IT or IS side first, even if it's help desk, then work up from there. I've looked for junior DBA jobs, but it seems like they require experience as well. I guess, I should just keep applying and go from there. IT is tricky because they sometimes want experienced people and sometimes they dont because they want to train your habits. I would also check out companies that make or develop DB software or db mgmt software and see if you can get a job there as well. Quote Link to comment Share on other sites More sharing options...
iamshack Posted January 7, 2011 Author Share Posted January 7, 2011 So it looks like early next week they are going to offer me this position, with a starting date of Jan 31st if I accept. I hate to seem crude, but this is all going to come down to $. If they make it worth my while to make the switch, I will take a bit of a leap of faith. If they just expect me to switch over for some promotion in title only, well, that title isn't enough to make me do it. Should be an interesting week. Perhaps I should read the Art of War over the weekend. Quote Link to comment Share on other sites More sharing options...
BigSqwert Posted January 7, 2011 Share Posted January 7, 2011 Good luck, Mark. And read my follow up post buried in the TV thread. Quote Link to comment Share on other sites More sharing options...
Steve9347 Posted January 7, 2011 Share Posted January 7, 2011 Completely unrelated I randomly got a 6.5% raise just for "doing a great job". Awesome. Quote Link to comment Share on other sites More sharing options...
BigSqwert Posted January 7, 2011 Share Posted January 7, 2011 QUOTE (Steve9347 @ Jan 7, 2011 -> 04:20 PM) Completely unrelated I randomly got a 6.5% raise just for "doing a great job". Awesome. Congrats! Quote Link to comment Share on other sites More sharing options...
Steve9347 Posted January 7, 2011 Share Posted January 7, 2011 QUOTE (iamshack @ Jan 7, 2011 -> 02:59 PM) So it looks like early next week they are going to offer me this position, with a starting date of Jan 31st if I accept. I hate to seem crude, but this is all going to come down to $. If they make it worth my while to make the switch, I will take a bit of a leap of faith. If they just expect me to switch over for some promotion in title only, well, that title isn't enough to make me do it. Should be an interesting week. Perhaps I should read the Art of War over the weekend. Now is the time to go for the money yo. What you pull of in negotiations could put you 1-4 years ahead in terms of reviews/raises. Your best chance to make money is during negotiations. I recommend going in with a high number. Quote Link to comment Share on other sites More sharing options...
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