I have worked for a Multi National Company (Software) company for 12 plus years in banking market. I wanted to move to another organisation to experience a change, and to attain market correction to my salary.
I have joined another bank in the IT division, I was hired because of my many years of relevant banking application experience. The new organisation has opened new slots to recruit females in leadership positions.
I am given the pay raise that I asked for but the designation I joined under is one level below where my market value is. Before joining, I have done my research and asked to be moved into the next pay band. The company responded that the current designation is itself a very rare achievement and I am given this because of the female gender promotion initiative.
In reality, even having 8.5 - 10 years are given the current designation, and 10+ years experience irrespective of gender are given the upper level. I have realized this after joining. Leaving out the female part of the equation, I still didn't get what I deserve even in the normal\standard case.
It is demotivating as team members with 3-4 yrs less experience are now my peers and in long run it will be disappointing.
How do I put express this to management in hopes of getting moved into the next pay band?