Pay increase for move to management
I'm going from individual contributor to people and project management. What compensation % increase should I expect for taking on 3 direct reports and project management? Edit: to clarify I'm asking what salary increase should is normal for taking on this extra responsibility (person and project management). AKA I'm trying to determine if my offer is fair
Nothing. That's not how it works.
You don't, you are asked to distribute the increase you would have got to your reports, whatever way you want to slice them.
Clarifying: I'm getting a promotion with new responsibility, what salary increase is typical for this?
Same.
We would typically pay a 6%-8% increase for a promo. If it’s a lateral move just shifting responsibility then it’s just a likely there is no promo so getting something is probably fair.
That's helpful, thanks
I got a 20% in the same company but I fought and worked like hell for it. You will get what you deserve
Helpful Do you know if your old salary needed re-alignment or was it where it should've been?
@fjTN53 can you tell us more on how you negotiated?
Usually the transition from IC to Manager is a lateral move. Yes you’ll have direct reports, but it doesn’t mean your level is changing. If this move is tied to a level increase, then expect a raise. How much will be dependent upon the company.
2% increase for each report.
So a 6% total pay increase?