A friend of mine was recently promoted from software developer to senior software developer position. However, due to his salary increase was below his expectation, he started to think about looking for another job. My opinion was it would not be wise to leave your position right after the promotion as it might be seen negatively by potential employers.
His salary was initially below the average (comparing to other friends in other companies and same qualifications and experience). While the salary increase was around 14%, he is disappointed that the increase did not mount to 25%, especially that the promotion increase will not entitle him to the annual increase, which was supposed to be 2 months after the promotion (In his opinion, the decision was made to promote him anyway, but the timing was chosen carefully to increase his salary as little as possible).
He did not negotiate the salary increase during the promotion meeting. Even though, I do not think that would make any positive difference, let alone negative one. As he is very reluctant about it, he made his decision to leave. However, the timing of starting looking for new job is what his concern is. His resume states he was promoted few months ago. He does not want to hide the career level he gained. But at the same time, he does not want to look like he is only moving because of his salary, which is almost certainly will be seen as a bad sign by potential employers.
The question is, how does changing job right after promotion is seen by employers. If you are a hiring manager and you have a candidate as such, what would be your impression, what kind of questions would you clarify? On the other side, how can the candidate justify his move without hurting his chances of getting new job.