Throwaway as we use SO/SE to recruit.
I work for a digital agency where I have been employed for 3 years.
I am a senior developer with 15 years of experience in my field. I hold all major certifications and I am very recognized in our community as an authority. I also am a mod on an industry-related StackExchange sub as well as holding the #2 spot there for 2 years.
When I arrived we lost three senior developers, leaving only myself, and we lost our three largest clients. We were in dire straits. I worked through two very hard years and used my influence massively to build this company and the practice we have to what it is today.
Here are some of the things we have accomplished as a team this year, specifically due to my effort:
- Landed our first Fortune 500 client
- Heightened the profile of our agency with major partnerships which brought major clients to the table
- Completed more billable work than any prior year
- Billable work is now 2x that of salaried output, making our firm among the highest margin firms in our industry
- We have attracted the top talent in our agency's field of expertise
Beyond that I have had a personal role in guiding the outcomes of these successes. I, as a developer, have been engaged in technical sales, recruiting, management, and advertising and marketing.
This year alone I billed an average of 58 hours per week, in the top 3 billers in our agency. This year alone I traveled out of town on business 24 times, many times canceling personal plans to accommodate. I also participated in major speaking engagements as a representative of this company, and I brought 3 clients to the table which have brought in hundreds of thousands in revenue.
I have had numerous conversations with ownership about taking a larger role and we have investigated setting up a remote office in my hometown, building the entire operation around me. I have expressed that I want ownership of something, much larger than just an employee. I want to be a partner. This is unprecedented in the history of the company but I feel it is absolutely warranted being that I have been a large agent of change and turnaround for this business.
Suffice it to say I was expecting a large raise in line with prior increases received at this firm.
In short, I received a 2% raise. This is the lowest raise I've ever received. This is during a quarter we just celebrated was the highest gross profit in the history of the company. I countered, asking for a much larger increase, and they declined. I was expecting something much, much larger.
Since these events I was offered a profit sharing program which caps out at 10% of my salary. This is not enough, in my opinion, and would only reward me in retro for efforts in 2015 to be paid out in Q1 2017.
- I have read into the 2% figure as means of insulting me, as a means of saying "we didn't forget you" but to also take the opportunity to point out that I'm not going to move forward. Is it possible I'm taking this too personally?
- Is this raise percentage common when you are at the top of your field? Or, is this common when you are at the top of your pay scale?
- Is it out of line or unprecedented to ask for ownership stake in a company, even if it is a meager percentage, as a means of compensation?
I am at a loss and I have lost drive. It certainly makes me more open to considering outside opportunity, though I'd rather us find common ground to continue building what I have invested so much time and effort into these past 3 years.