I started a new job in a team leading position in a new company two months ago. The new company is still quite young but growing substantially (now 400+ employees). In my new role as a team lead I have more responsibility and am able to manage a team. This new role came with a substantial pay cut and the salary is well below the industry average. During the interview phase I negotiated the salary to an extent where they would not go any higher, due to the fact that they simply could not afford the higher salary demands (so they said). Despite the cut I took the job due to the experience I will gain from it.
Now that I have started the job I can see that finances are readily available and cost saving is only a secondary priority at the moment. I feel quite cheated and am not sure what steps to take next. Is anyone able to advise me here?
I want to talk to my manager with facts (e.g. salary comparisons, cost saving potentials in the company). However, as I feel the relationship does not feel honest I am also thinking of quitting the job and starting fresh in a new company (thus most likely taking a step back in the hierarchy again). Any thoughts or hints are greatly appreciated.
Many thanks in advance!