Compensation - what is a good raise %?
January 21, 2014 4:21 PM Subscribe
I am a young (>5 years out of college) female professional working at a tech company. We are a small company (>200 FTEs) and exist on funding and capital (not public or profitable yet).
I am the best performer in my group and a very high performer (top 20% of employees, as told to me by HR and Executives). I just got a raise from $85,000 to $93,000 for a total of a 6% raise. I also got some equity as well.
I am happy with my salary (and was happy already), but I honestly have no idea if I should negotiate or ask for more. One on hand I feel pressured to assert myself to exercise negotiation skills, especially as a woman; on the other hand, I am not a very material person, spend very little, and am very happy with my day to day quality of life. I don't really need the money.
My question is - is 6% competitive? I know that I am already well paid for a young professional, especially for someone who has not had a lot of experience. I'm pretty happy. I just have no idea what the benchmarks are or what I should be asking for / expecting.
posted by pando11 to Work & Money (17 answers total) 7 users marked this as a favorite