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by x0ry
4005 days ago
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There was a great read on HN from yesterday actually covering just this: https://news.ycombinator.com/item?id=9807877 I'm in a very similar situation at my job and attempted to negotiate from 80 to 100 but was unsuccessful. (This was about 4 weeks ago.) Despite bringing data to support my claims, some companies won't give in until you turn in your two weeks notice. My recommendation, read this article and then amp up your BATNA by interviewing with other companies first. You have nothing to lose, so why not shoot for 120? They may counter with 80/90 but regardless if you decide to take the job, this makes for great leverage if you ultimately decide to stay with your current employer. |
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At my current place, our manager gets a pool of roughly 2% per developer to allocate for raises. An 80k to 100k raise would be literally impossible because even if you ate up the entire pot by yourself, it still wouldn't be enough.
On top of this, the more senior developers are probably consistently given slightly larger raises than the previous year - giving you more would require them to get less, which poses a large risk for your manager. It's a tough situation to be in.
By giving your two week notice, managers are immediately given room to negotiate with HR to produce a counter offer. This does not count towards the yearly raise-pool and can sometimes be the only way to actually get a sizable raise.
My suggestion to the parent poster is to dust off the resume and start looking for another job if you feel unappreciated.