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Salary negotiation

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Comments

  • Ozzuk
    Ozzuk Posts: 1,884 Forumite
    Eighth Anniversary 1,000 Posts
    The best time to negotiate was at the start, you've now accepted the role so the impetuous is on you to demonstrate you are adding significant value above and beyond your job description/standard duties.

    It's a long shot, but if company and market conditions are such that would support such a significant raise (or at least an agreement to review in say 6 months which is more likely) then you could request a review, state why you believe you deserve it - what extra you are bringing to the company, confirm how committed you are, in for the long term etc and see where is gets you.

    Word of warning, if I took you on for x amount and you came to me after a month saying you want 15k more, you'd likely be seriously limiting your long term prospects - unless you are genuinely very difficult to replace/awesome at your role. Be very careful not to phrase it as 'I want more money or I'll leave'.
  • saker75
    saker75 Posts: 363 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    We're limited to 3% increases (private sector, skilled). No exceptions.
    As a senior manager I'd be unimpressed with a request for such a dramatic increase regardless of market value.
  • Acc72
    Acc72 Posts: 1,528 Forumite
    randomi15 wrote: »
    !!!!!! off, dont spam my thread

    If you have nothing to nice to say then don't post



    That's the spirit.


    I would go in all guns blazing, demand a 50% increase but be willing to settle for just 30%.


    Let us know how you get on.
  • Fireflyaway
    Fireflyaway Posts: 2,766 Forumite
    Fifth Anniversary 1,000 Posts
    I don't fancy your chances. That's a huge increase after just a few months service. As others have said there will be a range that they can go up to and usually in my experience anyway, about 15% above the minimum advertised for the role is the max for a big company. You would have to be something exceptional to justify it too. I know you wanted the experience but why is the salary an issue now? Do you need the money or just feel aggrieved that you are being paid below market rate? I would question why you accepted it if the money was clearly an issue. Are there others in the same role? What are they paid and why are you worth so much more? They are buying your service at the end of the day and need value for money.
    I'm not that confident in asking but I would say at my meeting ' is there an opportunity to discuss pay profession' . Then ask if an increase is on the cards and if its a possibility ask how much. Then when they say 5% say you were thinking based on market rate, 10% is more what you had in mind. I believe when you say you could get more elsewhere but if they pay so low its unlikely they have the funds or inclination to suddenly pay you 30% more just because you asked. Maybe right this off as a mistake and start looking.
  • w00519772
    w00519772 Posts: 1,297 Forumite
    edited 23 November 2016 at 8:51PM
    You want a 30% pay rise after just completing your probation period!? I achieved this over a six year period (incremental increases) with my current employer. In my experience you have to prove your worth over the long term.

    You accepted the salary when you signed the contract of employment. If I wanted such a significant increase after my probation period then I would of negotiated it before agreeing to start to give the employer the opportunity to hire someone else.
  • KiKi
    KiKi Posts: 5,381 Forumite
    Part of the Furniture 1,000 Posts
    Like others have said, I wouldn't be asking for it - yet.

    Sounds like you're on c£48k and want c£63k. That's a big difference, and if I were the employer I'd say no for three reasons:

    a) you took the job only a few months ago knowing the salary - if you wanted more you shouldn't have applied, or negotiated at that time.
    b) you can't prove to me, yet, that you're worth that. I've only seen your work for a few months and I can't possibly judge the impact you'll make on the business
    c) if you're asking this now, this early on, it suggests you're going to be a pain in the backside to manage.

    Wait until a formal pay review (end of year performance review?) or 12 months in, whichever is further away. In the meantime, prove your worth, go out of your way to deliver or go and find another job!

    KiKi
    ' <-- See that? It's called an apostrophe. It does not mean "hey, look out, here comes an S".
  • Ozzuk
    Ozzuk Posts: 1,884 Forumite
    Eighth Anniversary 1,000 Posts
    Just to add, that may be 15k to you, but will be more for your employer due to the ON costs. And that 15k will only be 8.5k to you due to tax.
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