Profile picture

Negotiation Q&A and Videos

About Negotiation

Should I send my Boss a Raise Request Email?

Anonymous User at Taro Community profile pic
Anonymous User at Taro Community

I’m looking for a healthy raise at work of 15%-20%. To that end, I have done 2 things:

1.      Shared a file with my manager last week detailing things I have accomplished in the last year and their business impact.

2.      Asked my manager in our in-person one-on-one last week for a raise

My manager indicated it will be difficult for me to get a raise, both because raise guidelines are largely determined by how well the company is doing overall and because I got a nice raise last year and so the expectations were higher for me this year.

For background, I work at a big, boring, and bureaucratic finance company. I don’t think I did a particularly stellar job last year, but I benefit from being one of the few technical people on our business team, so am very valuable to the team. As a consequence, I can get away with doing a minimal amount of work, and I generally have a few hours during the day to spend it however I want. I am currently applying to different places, but realistically see if taking 3 months, plus or minus another 3 months till I jump ship. I have it set in my mind to only jump ship for a company which compensates at least 50% more than my current TC (which is low, by industry standards).

My question is, is it worth sending a raise request email to my boss asking him for the 20% raise? I’m leaning towards yes, but the counter would be he is already aware of what I want since I’ve asked him in person and shared my “ego file” with him, so I could be seen as overly aggressive. I would also only be recapitulating what I’ve already said.

The raise request format would be taken straight from Josh Doody:

Thanks for the guidance!

Show more
Posted 2 years ago
152 Views
5 Comments

How to ask for a pay raise at my current job?

Anonymous User at Taro Community profile pic
Anonymous User at Taro Community

I am a senior developer in my company for a long time and performing really well. I switched divisions in this new group about 3 years ago but my managers changed 2 years ago. I see there is a problem of visibility of my work to upper management and I realized my manager is not really helping me grow. I took many initiatives and lead the projects last year but there is politics and they are sort of blaming me that I am not performing well enough though these projects are very important to the success of the company.

On top of this, my compensation is way lower than industry and as well as across my company.. I asked a few friends across the company and it is 25-30k lower than theirs for the same level. I tried asking for a raise to my manager and my 2nd level manager(director) but my manager says that there is a budget every year in the 1st quarter and they allot it based on performance. My 2nd level (director) says my compensation is great and I am same as everyone else here. When I asked about my performance, I was told I am a solid and valuable performer but not outstanding and so you may get accordingly but no guarantees.

Last year there was a new senior director hired from outside of the company in our division and bringing many new processes and changes. The sr.director seems to understand the challenges and problems we face as a product and also the trying to change the way the people are held accountable. But since this person is new, they dont know my contributions in the past 3 years to this product. Many people with senior level titles who are paid more don't really perform at that level and it is seen..and people like me who perform well and paid less. 

My question is - I dont think it is going to help if I talk again with my manager on this, but I definitely am under-paid and have to address this. So, is it OK for me to setup a meeting with the sr.director and share my contributions to this product, etc in the past years , and say I can bring in lot of value to this product in x, y, z areas and say I am underpaid and would you help with matching up at least to the company standards of 25k-30k more. I dont want my manager think I am skipping levels to talk to the sr.director. Also, the sr.director has the power to allot how much raises each person gets, and I think it will help me to talk directly to them, but I am not sure if that's ok to try that, any advise on how to navigate this is appreciated. Thank you!

Show more
Posted 2 years ago
147 Views
2 Comments

How to communicate with HR and EM when they didn't include for the appraisal/promotion cycle?

Mid-Level Software Engineer at Taro Community profile pic
Mid-Level Software Engineer at Taro Community

Hey there, for context, I completed my first year as Software Engineer.

I joined the company because I was in dire need without checking the company culture, following which I was not satisfied with the designation. I then started to look out for a job.

I got that offer after 4 months of joining with 33% increase in the salary.

When I told my EM he was willing to talk to the HR and match the salary but then the Head of the department didn't promote my role in the light that others in the team will think and ask why in 4 months I got my role upgraded.

The leadership conveyed that I might get the designation in the 6 months appraisal cycle.
In the appraisal cycle they denied my promotion saying my salary doesn't match the orgs designation and they don't know what to do.

I was not happy with the decision and since I didn't had any offers I kept working for the organisation hoping I will get it in the 1 year cycle.

Now I didn't get the review form for 1 year appraisal cycle. I think they will say in the lines of because your salary was revised at the 4 month you are not eligible for this cycle.

Though I don't feel my designation is the right one. But I have some other responsibilities as well like family, commute etc. I'm losing my motivation.

I need help in crafting effectively to EM and HR so that they consider my role and some appraisal so that they inline my career in the organisation else juniors will have a higher role in front of me.

From today I have also started looking out for other jobs, but I don't want to hurry in making decisions.

Show more
Posted a year ago
92 Views
4 Comments

Should I mention offers I turned down to my boss?

Data Engineer at Taro Community profile pic
Data Engineer at Taro Community

It's performance review time, and I want a nice raise and bonus just as much as anyone else.

Standard procedure for getting a raise seems to be making the case for yourself: keep track of all your accomplishments during the year so you can present them to your boss when asking for a raise/bonus. Simple enough. I'm prepping that list of things right now.

It's also been the case that this past year I turned down 3 offers that each would have paid me more than my current gig - between 20% and 40%. Now, even though I'm underpaid at my current gig, it's also the case that I'm compensated for that by it being super chill - no deadlines, lots of latitude on what to work on, a nice WFH arrangement (1 day in office a week), and pleasant coworkers.

My question is, do I mention that I got the offers in addition to mentioning the things I'd accomplished over the year? There's an element of "hardball" in that, but maybe it's not a bad move. I guess the phrasing of it is the key. So instead of saying "I've got other offers, give me more money or I leave", it's "I really like working here and with you. So much so that I turned down other companies that were offering decently more. Can you see what can be done to raise my compensation?"

Finally, I'm aware that the best way to ask for a raise is :
"I really enjoy working on this team. I want to do more to increase my impact and empower my teammates - What are the steps I need to take to get to that next level?"

Show more
Posted a year ago
76 Views
3 Comments

Should I take an offer right now when I’m in the interview loop for potentially higher ones?

Software Engineer at Taro Community profile pic
Software Engineer at Taro Community

I received a written offer from a Series A startup for a FE role over the weekend. I really enjoyed interviewing with some of the team members I met and the Hiring Manager seems to really care about the team and believes in the product. During the initial interview, the HM told me the salary window for the role is 140-195k based on experience and interview performance. After I completed all the interviews, the recruiter told me the team liked me and asked if I would take 140k and stop interviewing elsewhere. The recruiter reminded me that I mentioned months ago that I said 140k was the minimum I would accept for base salary (this is true, I reluctantly gave in and provided a number).

I’m currently working on a take home project for a FE role from a Series D startup that is in an industry I am interested in. I am scheduled to submit it and have the final interview round this week. This company's recruiter said, based on my resume, the anticipated salary range for the role would be 165-175k.

I asked the Series A recruiter to get closer to the potential Series D offer range so we agreed on 155k. Later I received the written offer and the title is for Senior Staff SWE. I was surprised to see that title paired with the 155k base salary (no signing bonus or other cash benefits. Options are on the table but that is just paper money at this stage). For context, in my last role I was a SWE I at a FAANG adjacent company and have 2-3 years of experience (half of that in Big Tech).

I'd like to get advice from the community about how to assess this Series A offer. Startup titles are generally inflated but even so the salary that is presented to me does not align with the title they are giving me. I live in a HCOL area.

If I do get an offer from the Series D company, I've been advised by another more Senior peer with startup experience to take an offer from a Series D company over Series A because the risk of company failure is lower and I will receive more support as a mid-level SWE.

I'd appreciate any insights and questions/topics I should consider to help me assess this situation. Thanks for reading this far :-)

Show more
Posted a year ago
74 Views
2 Comments