I've been at my company for about 6 months and I took a 30k paycut to come here. I was originally hired on to do maintenance but have accelerated myself to be the co-lead of backend engineering and architect for most projects that are being made. I feel the value I've been bringing by increasing everyone's productivity and security mindset that what I'm being paid is a little low. I've asked around and there really isn't a 6 mo raise. Instead it's just a 6mo talk about goals, what went well and what didn't. Still valuable to me but I'm looking to get a little bump. My question is this, how do I approach the subject of a raise or bonus when those are normally not awarded at 6 mo? Am I SOL and have to deal with my TC for another 6 while we go for our next funding round? (Which would finalize around my 1 year) For the record I asked for more during the initial offer but they were unable to raise (I in between jobs, so I went with it anyway) past the TC below. Any advice would be great! TC: 125k
Just keep working and let your manager know you are underpaid and expect raise during annual review.
Seems reasonable
There are less likely to give you a raise now than giving you the extra money when you started in the first place
The company is in a better position now than when it was when I started is the main component. The architecture and changes I've brought have lowered our bills by 80k+/mo while maintaining great availability. We've been moving towards a better way of building our existing applications as to scale to our next million customers.
You’ve decelerated their burn. Cash is always tight but your salary increase would not even come close to the $80K/month savings you created. You should share in that because you gave them a longer life.
If you're worth your cost, bring it up. The market is hot and if they value you, they should be willing to pay you.
Not when you have only been at the company for 6 months.
Hiring someone else would cost a lot more, and he already earned his paycheck many times over. Living in the bay is expensive, just because he can be taken advantage of doesn't mean he *has* to.
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The entitlement is strong with this one. ^
More that the area I'm in is expensive and I took a pay cut to get here. Feel like I'm a good asset and deserve a little more? I'm not demanding or requiring a raise I'm looking for advice to negotiate my comp.
The fact that you took a pay cut isn’t the new company’s problem. Keep track of what you do and make sure it all goes on your self-eval