92

1) I accepted this job for way way less money than market value.

2) Approached boss about having performance review because I had been here over 12 months and no one brought it up to me.

3) Had performance review where they offered a big raise (12% but still way under market value)

4) I countered asking for market value and showed aggregate research (30% increase)

5) A week later we meet again and they offer 23%.

6) That's where we ended at, pretty surprised they offered that much, but glad. I wasn't looking forward to looking at other jobs to catch up to market value.

7) Feeling pretty good considering I've never negotiated anything before.

Comments
  • 23
    Badass! Awesome job, man. Congratulations.
  • 23
    They still have advantage. You would be get more rise and salary, if they hired you with a market value salary. But you have only reached average salary after one year. Now they have a employee with knowledge and experience for an average salary.
  • 15
    @Rogwan is correct.

    Jobs should be stepping stones. You should be loyal to the path, not a somewhat-comfortable rock.
  • 18
    Two things:

    1) You learnt a lot of political skills and that's awesome. Gz.

    2) You're STILL under market value apparently, even with a 23% raise. So your company/boss/manager is STILL under-valuing you, even with proven experience and proven data about your market value... That's a big deal honestly.

    Folks... (especially juniors) please, don't fall for their cheesy traps. A lot of us work for bullshitters and people who take advantage of our learning-focus.
    Ask what you're worth, always. Otherwise you're in for trouble and you're just f'ing all the developers by dropping the market.

    It has more impact than you can imagine.

    We have the knowledge.
    We have the tools.
    We have power.
    Expect us. (wait what?)
  • 5
    Yeah what they all said, take it as a success but you remember this when you get your next and keep track of everything worthwhile you do. Makes it easier to show comparisons against the market.

    Fact is you're still undervalued, @Rogwan explained it perfectly.

    Good luck
  • 7
    Just to put some shades of grey to @karasube words.

    Just evaluate EVERYTHING as money:

    * Having a job nearby that's money worth

    * Having a good boss (not a friendly one, a good one) that's worth money,

    * having a good team that's worth money

    etc

    And it's not just "money", you give ADD VALUE to your company, and the ADD VALUE your company gives to you should at least be equal to what you bring to it.
  • 4
    This is a great thread thank you folks for your wisdom πŸ™πŸ™πŸ™
Add Comment