Hi everyone! I would love to know if anyone has experienced the same situation that I'm in. I am realizing that my starting base salary at my latest job is much less than what the actual market value is post salary transparencies law being passed.
I have been at my current job since June 2022, before salary transparency ranges came out in California where I reside. I made the mistake of throwing out a range in my interview process (I know I know, in hindsight I am kicking myself for doing that). At the time, all I had to reference were salary calculators online that I don't think were very accurate. The range that I threw out to the hiring manager was based off ranges I was seeing on these calculator websites, so I really had no other insight to what was a fair market value with my experience. Now that salary ranges are posted for roles, I am realizing that I am significantly underpaid by at least $15k-$20k.
As a senior UX Designer, the next promotion would be a manager role, which I personally do not want. I enjoy being an individual contributor, and want to be able to maintain my daily creative tasks. With that being said, I am anticipating my company not giving me a signifcant raise in order to meet market values without a significant title change.
Is anyone in this situation? If so, how did you handle it during your yearly review? Other than salary, I really love my company, my coworkers, the mission, and my work life balance. I don't think I need to negotiate for things such as more vacation time since we already have very flexible PTO. Would love advice on how to approach this.
Thank you for reading!