Anonymous
How much should i ask for salary increment?
Hi there, would like to seek some expert opinion regarding my salary.
Currently im drawing 2.9k(Before CPF) and my company is promoting me to a team manager due to a departure of another staff,
Question: Is asking for a increment of 2k is too much? Felt that im underpaid after looking at the market.
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Typically 15-20% is the market rate. However companies do offer more sometimes. If you are looking at a 30% pay raise, do be prepared to be able to justify
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Billy
29 Apr 2019
Development & Acquisitions Manager at Real Estate Private Equity
First, you have to understand the rationale of your pay. Salary is an instrument to determine your w...
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If you are underpaid and way below market rate, 30% is nothing. It all depends on what is how much does the job position pay.