I’ve been at my job nearly five years and for the most part, I enjoy it. I manage the marketing department for a high profile local company. It’s not a typical sit at a desk 9 to 5 job. I work out of the office on occasion and sometimes get so busy that I work evenings and weekends. But it’s a job that brings immediate satisfaction at seeing the results of your work.
But there is a problem. I am underpaid. Quick poll… raise your hand if you consider yourself underpaid. Let me count… 1 of you.. 2 of you… 3… well it looks like pretty much all of you raised your hand. It’s interesting how the money we make relates to the money we think we’re worth. I doubt many people are willing to admit they are over paid. I know a handful of people at my company that are grossly over paid, and I’d bet even those morons think they are underpaid.
That being said I wish I made more money than I do. In fact I wish I made a lot more than I do. I think I’m worth about twice what I make – but that’s wishing in it’s purest form. Mixed with a healthy ego I suppose.
In truth I am due a raise. We have annual reviews coming up in the next couple months and I suspect I’ll get a standard raise, somewhere in the 5% – 7% range. It’s not much but it’s something.
The problem? “Something” isn’t enough for me. In the next week or two, as budgets are being planned, I’ll go to my boss with a pitch. I’m going to pitch myself, almost as if I were interviewing for the job all over again. The idea is to convince them to give me a bigger raise – I’m hoping for 20 – 25%. And with anything less than 15%, I will dust off my resume and start sending it around. After all, TOWPO (my dog: The One Who Poops Outside) needs to eat.
Our company has a way of losing good employees just because they need to make more money. And when the person breaks the bad news about leaving, the company makes a half-hearted attempt to match their new salary – only to realize they are making 50% more, 60% more or even double at their new gig. We can’t afford that kind of bling around here.
My theory is that this is a way to keep a good employee around BEFORE he comes to them with his two week notice. I’m not asking for a 50% raise (though I’m worth it) I am only asking for a reasonable bump.
What do you guys think? Have you ever gone into your boss and asked for a sizable raise – if so did you get it? We’re you laughed at? This could go either way for me… I’ll know more in the coming weeks. Keep your fingers crossed.