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If your market value is actually 140k+, and for your current company, you also bring in the additional value of already being onboarded, why would you settle for less?
However, if your company pays generally below market value, they will not be willing to pay market rates because then everyone else will also want that. So in that case, you would need to be ready to leave that company.
Which then poses the question whether you can really command that market rate elsewhere while not even being done with your BSc. Because, for your company, they know your track record, but for other companies, you may not have the same street cred.
If you want to play it safe, you can start with 145k and point to the market rate if need be, but be open to negotiations, see how it goes, and potentially let them haggle you down somewhat. If you start your bidding with 135k, you won't get above 125k. -
@Fast-Nop Pretty true, thanks for the Feedback. Its a bit special, I have a professional Bachelor title already and just doing the Science Degree to get an international University Title.
Also true I didnt point out how long Ive been working in my current role. Its 3 years at the current company, Im at a professional Level and will enter senior next year.
125k will be a bit low for the new position and for 130 - 135k would seem fair. Probably a staffed upgrade from 130k and following up 2k per year based on performance till 136k would be a good suggestion? -
@MoboTheHobo Doesn't sound too bad, but I'd only leave the ramped thing as last compromise if you value staying in that familiar environment more than the money.
There's some value to it for you as well, which ofc you don't tell them about: being able to actually fulfill such a new role is easier if you already know the environment. As opposed to learning a new role, a new environment, and new people all at the same time while also having to build up credibility.
If they ask, you can wrap that up in a different spin, as in, you would enjoy going right into that role pretty much, and getting satisfaction if important for you, so that they don't wonder why you sell yourself for below market value. Money is important, but not everything, that logic.
The implication if that once you have succeeded in your role, and have the BSc, then your position is stronger both internally and externally. -
@meaning2 Currently around net 94k, but pay 18k in tax and insurance 5700. So Net after tax and healthcare would be 70k annual.
Rent is also expensive around 2300 - 2500, so at the end of the year spendable left is 40k in Swizerland.
Nothing to compalin around, enough to life good, but not the glorius Switzerland everyone pictures 😜
We just got more money, because the currency is strong. But daily expenses are very high as example food or a haircut at 45$ -
@d00td00t its on the lower end side but I would still be happy with that one 😁
Tl;Dr: Would my salary sugesstion be alright? Will get a promotion. Currently salary 115k $. I would suggest between 135k - 150k $ annual salary
So I work at a large Corpo and was asked by my department Boss, if I want to take a Promotion in our Applications team as Technical Lead. I would have the same Job, but will be the Service Owner and lead the team on a functional base. Would be 5 People. Personal Leadership would still be trough my superior.
Im alright with that, I currently dont want to lead people, but teaching them how to do it like I do right now is fine with me. Also most of the time when Shit hits the Fan Im on the call already to fix a critical Bug.
I trust my boss alot and was always treated fair by her. My currently salary is at 115k annual and Im 29 years old.
Currently Im studying on my Science BSc and work fulltime. I will take the promotion, because its like already now too my Job, I get payd better and not some random pen pusher will be set infront of me.
Also I could deny now all the fuck ups our Business People decide in Projects. I would have a lever more to challenge. (Parry this Peasant 🤣)
Just jumping from 115k up is my mental Challenge. I first thought about just 124k, but the responsibility is alot (Business Critical Applications). Also on the Job Market the Peers are ranging from 140k - 160k.
Im always thinking about the say, you need to be greedy sometimes yourself if its justified. Else some Manager gonna cash in the slip.
Should I suggest 135k or by your experience would you advertise higher like 145k-150k?
rant
salary
promotion
advice needed