3 ms·

Hm...does your boss and your company know what market rates are? Don't assume that your company is purposefully underpaying you; it may very well be that they d

by allenc 15y ago

Hm...does your boss and your company know what market rates are? Don't assume that your company is purposefully underpaying you; it may very well be that they don't know enough of the market. In that case, esp. if you're on good terms with your boss, it'd be a simple matter of educating them in your research. Startups usually don't have a ton of cash, so if you feel like you're still being shortchanged and the company simply can't afford to pay you more (from the company's perspective, increasing your salary may mean increasing everybody else's as well), you can ask for other things: more options, more days off, better benefits, and as you mentioned working remotely. You're in a good position, and have built up good will over the years, so I'm sure they wouldn't want to lose you. It might be just a simple matter of bringing it up, so do that first.

throwaway1986 15y ago
> Hm...does your boss and your company know what market rates are? I am sure he does not. (He moved back recently, after working in the US for around last 20 years). I brought up this issue indirectly several times, when we tried to recruit people, conducted campus drives. Recently, a colleague of mine (who used to get the same salary as myself), left for over 70% salary hike. I intend to present more data points when talking to him. How do I say "I think you are out of touch of the market rates for my skillset", without hurting his feelings/implying the company is cheap? I actually prefer benefit (of possibly remote work, from a less expensive/better city), than hike. I just dont know how to bring it up. (ie, how to word it, without feeling/sounding awkward/needy.)
- allenc 15y ago
  Well, you begin by not saying "you're out of touch". =p You begin by saying "According to my research, these are the market rates for someone in my position. What are your thoughts?" If it's really that he just didn't know what the going market rates are, then showing him the numbers shouldn't be insulting to him or the company; they're not purposefully underpaying you. If they were aware, then this is probably the gentlest and most professional way of "calling them out". You might want to check out this classic: http://www.amazon.com/Negotiating-Your-Salary-Make-Minute/dp/1580087760/ref=sr_1_1?ie=UTF8&qid=1304192182&sr=8-1 http://www.amazon.com/Negotiating-Your-Salary-Make-Minute/dp... Which goes into the strategies of salary negotiation, including raises and benefits and all that other good stuff.

by allenc 15y ago

throwaway1986 15y ago

> Hm...does your boss and your company know what market rates are? I am sure he does not. (He moved back recently, after working in the US for around last 20 years). I brought up this issue indirectly several times, when we tried to recruit people, conducted campus drives. Recently, a colleague of mine (who used to get the same salary as myself), left for over 70% salary hike. I intend to present more data points when talking to him. How do I say "I think you are out of touch of the market rates for my skillset", without hurting his feelings/implying the company is cheap? I actually prefer benefit (of possibly remote work, from a less expensive/better city), than hike. I just dont know how to bring it up. (ie, how to word it, without feeling/sounding awkward/needy.)

allenc 15y ago
Well, you begin by not saying "you're out of touch". =p You begin by saying "According to my research, these are the market rates for someone in my position. What are your thoughts?" If it's really that he just didn't know what the going market rates are, then showing him the numbers shouldn't be insulting to him or the company; they're not purposefully underpaying you. If they were aware, then this is probably the gentlest and most professional way of "calling them out". You might want to check out this classic: http://www.amazon.com/Negotiating-Your-Salary-Make-Minute/dp/1580087760/ref=sr_1_1?ie=UTF8&qid=1304192182&sr=8-1 http://www.amazon.com/Negotiating-Your-Salary-Make-Minute/dp... Which goes into the strategies of salary negotiation, including raises and benefits and all that other good stuff.