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Salary Review

 
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I have joined a new company recently and my salary there was same as what I was drawing earlier, mainly because I quoted this figure.
They promised me that there would be a raise after "X" months and review has to be done next month. They are happy with my performance, and have indicated so quite often. However, the salary raise they are considering (and informed me) is just nominal (50 USD), and I was hoping for at least 25-30% raise. How do I put across my point now since it might look like a very big amount. I sure don't want to continue working for just 50 USD more, but if they refuse I'll need some time to look around for jobs here. So how do I negotiate so that I have a good chance of getting a significant raise???
Thanks!!!
 
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This posting should offer some insight into how to avoid this problem in the future.
When you say $50 raise? Do you mean weekly? I hope not annually.
I think you need to speak up now with clear expectations. Talk about what you expect to get and why you think you deserve that. Ask them for their view and listen to what they say. At the very least you'll have more information with which to make an informed decision.
--Mark
[ February 18, 2004: Message edited by: Mark Herschberg ]
 
Prasanna Gupta
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USD 50 raise is mothly.
How do I explain - "why you think you deserve that." Tht's the toughest part. I did read ypour post and this time time I asked them to give their figure, and they quoted USD 50 more pe month!
How much an average raise should be in the first review in percentage?
 
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Well, I guess it basically depends on how important you are for their business and on how important this job is for you.
If you can easily get a better-paying job, you are free to claim a raise which is at least the difference between the two. Or if you are unreplaceable for your job, you can also reasonably demand for an important increase.
At the other end of the spectrum, if you are earning $80k per year and if the same job is paid less than $70k everywhere else, you are likely to receive a pay cut or freeze.
Between these two extreme cases, it's a mind game.
 
Mark Herschberg
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"yz paris",
Welcome to JavaRanch.
Please look carefully at official naming policy at javaranch & reregister yourself with proper first & last name, with a space between them. Please adhere to official naming policy & help maintain the decorum of the forum. The naming policy can be found at http://www.javaranch.com/name.jsp
--Mark
 
Mark Herschberg
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Originally posted by Prasanna Gupta:

How do I explain - "why you think you deserve that." Tht's the toughest part. I did read ypour post and this time time I asked them to give their figure, and they quoted USD 50 more pe month!



You need to convince them that you're worth it. Why don't you tell us why you think you deserve it and we'll give you feedback.
--Mark
 
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the time of the 25-30% raises is over, get used to it!
For 2004 and 2005 at least you should be happy if your salary goes up by the official government specified inflation figures, as most people will get less. Beware that these figures are always doctored to show a percentage that's lower than the real inflation to make the government look good and actual inflation is higher so your buying power will go down over the coming years.
 
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Hi,
You could become a business partner, create your own raise, have your own staffs, and have people taken your voice seriously during company meetings.
Regards,
MCao
 
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hi.
if you feel you are important for the company's business , u should speak to your boss. at least raise 10 - 20%.
otherwise you should keep silent or find a new job .
Regards!
liuxingjun at china
 
Marcus Liu
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Originally posted by yz paris:
Well, I guess it basically depends on how important you are for their business and on how important this job is for you.
If you can easily get a better-paying job, you are free to claim a raise which is at least the difference between the two. Or if you are unreplaceable for your job, you can also reasonably demand for an important increase.
At the other end of the spectrum, if you are earning $80k per year and if the same job is paid less than $70k everywhere else, you are likely to receive a pay cut or freeze.
Between these two extreme cases, it's a mind game.


oh , my god . can a software enginer get $80k per year in USA ?
i am disppointed , i am very tired in every day , but a senior enginger's salary is not more than $9k in China .
 
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Jun,Where are you in China?
Thanks
Hu
 
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