I was recruited last November in a young company. The CEO promised to give me a raise as soon as I could demonstrate that I can add value.
He also promised to give me the difference between the base salary and the new salary, as if I started with the new salary. Example: If I worked for $100 and after 2 months I got a raise to $120, I would be given $40 as a bonus.
After 4 months of work, I became a reference in my team. I asked the CEO about what he promised, and he told me that usually they do that after 6 months of employment. He was also surprised about the bonus. I waited until the 7th month without getting anything.
I asked why he didn't respect his promise, and he said that he has financial issues. I don't trust this argument much, especially when I see that the company is hiring senior consultants and offering costly training to the employees.
What should I do if he doesn't do what he said that after the 8th month? How should I tell him that I am fed up with his hide & seek game, especially in a culture where direct confrontation is not advised?