Promotions are a crucial part of any employee's career. They represent recognition for hard work and dedication, and they can come with a typical salary increase. But what is a typical salary increase for a promotion?
According to Salary.com, the average salary increase for a promotion is 10%. However, this number can vary depending on a number of factors, including the company, the industry, the employee's level, and the employee's performance.
Level | Typical Salary Increase |
---|---|
Entry-level | 5-10% |
Mid-level | 7-12% |
Senior-level | 10-15% |
Executive-level | 15-20% |
Tips for Negotiating a Salary Increase
If you're expecting a promotion, it's important to be prepared to negotiate your salary. Here are a few tips:
Common Mistakes to Avoid
When negotiating a salary increase, there are a few common mistakes to avoid:
Success Stories
Here are a few success stories of people who negotiated a typical salary increase for promotion:
Conclusion
Negotiating a typical salary increase for promotion can be a daunting task, but it's important to be prepared. By following these tips, you can increase your chances of success.
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