I'm 29, hired into current engineering firm 3 years ago with 2 years of experience prior. Due to the quality of the firm and number of applicants against me, I decided to offer coming on with a lower title and salary than my experience level to land the job. I believe one should prove their worth and production before reaping the benefits.
So for the last 3 years I kept my head down and churned out exceptional work. Each end of year I received the maximum percent cost of living raises, which told me the bosses knew and understood I was underpaid.
Finally, I formally submitted an out of cycle major raise. My boss and I sat down and he understood the issue. He even helped research and decide on a percent to request. It came to a 50%-55% raise. My boss said it should be fine because based on all company hr info, research, etc. It is what I should have been making for a while now.
Issue is our firm was a small private company in the past, however it since has been sold to huge nation wide company. The original owner and all bosses are still here and they run their own ship 99.9% of time because we always make profit. They all approved the exact amount I requested and then it went to corporate. Hr came back and said they have a strict policy of only moving up 2 position titles at a time. My bosses argued but hr would give no explanation. So I only received a 20% raise and a higher position title. They gave me some bs resolution of giving me a 5% raise every 6 months to get me to what I was requesting, but that will be another 3 years to attain that!
What would you do? I'm working on a new request, listing any options I can come up with. Ex) ask to fire me and immediately rehire me going through all the red tape so it would not be a raise. Ex) ask for remaining 30% in 6 months and maybe give up a perk like reset my vacation time back to a new hire.
My firm wants me to get raise and has run all the numbers. Corporate is the problem! Thanks