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Have a weird situation I am trying to get ahead of here.
Recently, I have applied for an internal promotional opportunity, located in another area of the country.
I have the final interview with a director Thursday, so, my chances are about 50/50.
One concern I have is the pay grade. We recently readjusted all of our pay grades.
Currently, I am at about 95% of the midrange and 75% of the high end of the scale. I have been here about 7 years, and came in at what is now the minimum salary (minimum is now higher than that). My performance over last 5 years has been 4 Exceeds Expectations and 1 Met Expectations, so, my raises have been ok.. last year 4.25 and this year 4. This year, I was the highest rated person in my position (out of about 35 others), and 2 years ago was as well.
Anyhow, this new position is 3 grades higher up the food chain, and is considered a Manager level position. Also, this would require a relocation from San Antonio to a small town in South Carolina. Work will pay for the move and offer a relocation package.
This position, while a promotion, is quite a bit more stressful than what I am doing currently, and, there is a lot riding on the work that I would be doing. I would be impacting nearly 1000 employees and tens of thousands of customers daily in this job.
I did some research, and, the new position, the low end of the range is about 7% more than what I am getting now. The midrange on that is 45% more than what I am making right now.
What would be fair? What should I ask for? How do you negotiate an internal promotion?
My company is notoriously "frugal", and I am afraid they are going to try to offer me the low end. I have worked like crazy to earn those raises!
Have a weird situation I am trying to get ahead of here.
Recently, I have applied for an internal promotional opportunity, located in another area of the country.
I have the final interview with a director Thursday, so, my chances are about 50/50.
One concern I have is the pay grade. We recently readjusted all of our pay grades.
Currently, I am at about 95% of the midrange and 75% of the high end of the scale. I have been here about 7 years, and came in at what is now the minimum salary (minimum is now higher than that). My performance over last 5 years has been 4 Exceeds Expectations and 1 Met Expectations, so, my raises have been ok.. last year 4.25 and this year 4. This year, I was the highest rated person in my position (out of about 35 others), and 2 years ago was as well.
Anyhow, this new position is 3 grades higher up the food chain, and is considered a Manager level position. Also, this would require a relocation from San Antonio to a small town in South Carolina. Work will pay for the move and offer a relocation package.
This position, while a promotion, is quite a bit more stressful than what I am doing currently, and, there is a lot riding on the work that I would be doing. I would be impacting nearly 1000 employees and tens of thousands of customers daily in this job.
I did some research, and, the new position, the low end of the range is about 7% more than what I am getting now. The midrange on that is 45% more than what I am making right now.
What would be fair? What should I ask for? How do you negotiate an internal promotion?
My company is notoriously "frugal", and I am afraid they are going to try to offer me the low end. I have worked like crazy to earn those raises!
My personal experience is that for some reason companies don't really negotiate internal promotions and have set guidelines. I had to do battle with my company but at the end of the day they didn't budge much so I had to get my money by leaving.
My personal experience is that for some reason companies don't really negotiate internal promotions and have set guidelines. I had to do battle with my company but at the end of the day they didn't budge much so I had to get my money by leaving.
Of course every company is different. Good luck.
I have seen this as well. Crappy HR policies that would cap what an internal employee could be bumped up by. I have actually seen an internal employee turn down a job because they wouldn't budge on the money and then they go and hire someone externally for more money. And the internal employee was much more qualified.
Good luck with that. Most people are forced to leave for more money. It's sad but true. It works in the recruiter's favor. They get to search for another candidate and get another bonus for finding a high level candidate outside the company.
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