After working at my current company for 2 years, i have asked for an increment of 40% ( i joined as a fresh graduate with a VERY low salary as a start). I spoke with the finance manger (who is responsible about the salary increments and is also my direct manager since they didn’t hire a manager for my department) and he didn’t tell me yes or no about the percentage and just said “ i will give you based on what i can” and i waited after that for 2 months then was disappointed with increment of 20% .
I felt very under appreciated back then and started looking other options. One place have replied to me and want to give offer. The offer is 25% more than what I’m taking now and there’s a good career growth with it.
Before going to get the offer i spoke with the finance manager again , told him that I’m not satisfied with the increment i got and the number I’m getting is less than the effort I'm putting and it’s below the market value ( i did my research and found the average value for my position at my country) and i have proved myself within the 2 years and I want my salary to be within the market value. Explained to him my tasks and how i improved during the 2 years.
He told me that my work is good and i have improved and i deserves the number I’m asking but this is the maximum he can give now. He said Just prove yourself within the coming months and i will give you a senior role promotion with increment and we are investing on you.
He didn’t specify timeframe or salary range and told me the promotion might be end of year or maybe before. He Didn’t specify anything
My problem is I’m worried I’ll wait till end of year and the increment might be below what i want. Knowing that the company CAN give me the number that i asked now since they took a very big investment and are paying on hiring new people/ huge marketing /etc.
Comparing the two options:
My current company:
The company name where I’m working now is growing and they are willing to expand their services/open more branches and go next level. I’m the only one in my department and any hiring after will be someone less than my experience ( i will be leading the team) . They are good with me and want me to stay. But my concern is the pay which is really low compared to the market and they didn’t hire a manager to train me so I’m just teaching myself by myself which i feel might affect my career development.
The new company:
I will be working with a team and there’s a manager for the department which I believe is better for me to learn since at my current role i didn’t work with a manager or leader and only teaching myself. Second, the pay they are offering me is good