How Much of a Salary Increase is Enough When Switching Jobs? Experts: Same Position Typically 15% Increase, Outstanding Achievements Can Be Bargaining Chip

Reported about 1 year ago

When switching jobs to get a pay raise, the average salary increase for switching within the same position can reach about 15%. However, if switching to a different role, the salary increase might be limited. Experts suggest focusing on learning new skills when changing roles and using the value you can bring to the company by addressing products being developed or issues to be solved as negotiation leverage. It is essential to update resumes and portfolios constantly to seize opportunities, evaluate professional capabilities, and present quantifiable achievements to negotiate higher salaries when transitioning positions.

Source: YAHOO

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