What is a reasonable pay increment range for a promotion (associate to Exec)? Any tips to negotiate for this increment especially during this Covid-19 period?

Reasonable % increase for promotion? How about % annual adjustment? Comparing both qns with Covid and pre-Covid times

Context: Was offered promotion with 10% increment. ~2 years into my first job, annual adjustment of 3% for 2020 despite scoring the highest rating. Good relationship with manager, but constrained by company. No bonus payout every year

Disclaimer: Not being entitled, I'm truly blessed to be employed. Just wanna learn about market practice, to max my earning potential while young

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Boon Peng

14 Jun 2020

Hello there! It is difficult to judge whether 10% promotion increment is okay because there are quite a number of factors that go into the number. Things like market industry practice, business performance, your performance, and other non monetary benefits you are getting can shape the percentage increment for you. I would say base on the context you have given, I think the numbers are pretty decent.

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