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The best of the best at my company get 4-5%. You made a crazy request.
But you should not compare to your company only, it is not the only referential.
In this case, my company can provide +30% on package and +20 to 25% on the base salary.
OP, we live in a difficult world where asking salary raises is tough.
However, now that the request has been made, see how they respond.
Just try to be among the best in your field and pay attention to the internal networking.
I think what people are trying to do is to set your expectations low enough so that you are not disappointed in any case. That's fine, but there are other positive examples.
Keep in mind that the % is irrelevant.
20K is 33% for you but it's only 10% for a 200K salary, and so on.
But you should not compare to your company only, it is not the only referential.
In this case, my company can provide +30% on package and +20 to 25% on the base salary.
OP, we live in a difficult world where asking salary raises is tough.
However, now that the request has been made, see how they respond.
Just try to be among the best in your field and pay attention to the internal networking.
I think what people are trying to do is to set your expectations low enough so that you are not disappointed in any case. That's fine, but there are other positive examples.
Keep in mind that the % is irrelevant.
20K is 33% for you but it's only 10% for a 200K salary, and so on.
Good luck!
Mine, too! At the VP level. I don't think the op is talking about VP level, and it's possible your company can do that at all levels, but that isn't the norm.
I feel so bad guys...
are you sure it's a bad idea now to write a follow up email?
I would like to tell my manager that:
1) I know 20k as increase it a bit out of the standards
2) that I asked that considering what I didn't do puch back when they offered me 60k last year
3) that the market is offering 80k
Honestly, unless you are the best employee ever, you should start looking for a new job. Asking for a 33% raise is too much. That is more than most people get with a promotion. It also sounds like you perhaps needed a visa, which makes your negotiations much harder.
I feel so bad guys...
are you sure it's a bad idea now to write a follow up email?
I would like to tell my manager that:
1) I know 20k as increase it a bit out of the standards
2) that I asked that considering what I didn't do puch back when they offered me 60k last year
3) that the market is offering 80k
Don't do that. That makes you look like a weasel. Stand by your raise and just accept it if they won't give you the raise. Emailing will make you look bad. Don't let the company think you are a pushover.
No, do not follow up. You made an offer, the first one to speak will lose the negotiation. Do not be surprised or offended when they laugh at your request. This is just a tactic to make you lose your cool and be satisfied with less.
The best thing to do is put out feelers right away, contact recruiters and see if you can get a couple of interviews for other jobs. This way you will feel like you have choices and some power.
The worst thing that can happen is that they say no, which they certainly will. You have to justify why you are worth the extra 20k or in reality the extra 8-10k at most that you may get. Tell them what you plan to do not only what you have done, because of they pay you such an increase it will be for future work you perform rather than past work.
Question is, do you feel that your work justifies the extra money?
I know I asked too much, the point now is what to do next?
If they make you a counter offer which will be much lower, do not accept it. Say that you really appreciate it but you still think that you can work something out that is higher.
If you accept their first counteroffer they will feel like they could have gotten away with less and at you were just bluffing. Not good.
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