"The only way to get a 20 to 25k raise is to find another job. Unless of course you are doing the job of 4 people which in IT 99.9% of the times you are. Don't believe me? Go ask for a 20k raise if their eyebrows shoot up like Mr. Spock then you know how much you are worth. I sure hope you have another job lined up because that's the queue to them you are looking."
I used this technique to get that much of an increase. First found a job that I was actually willing to quit for. Went to my boss with the offer. They made a counter that I accepted. Without that offer I would have gotten probably 2-3% yearly.
People get too caught up in trying not to hurt their employers feelings by threatening to leave. Who cares if they know you were looking for another job. It's a business decision. I've tried to leave more than once at my current position and they don't treat me any differently. The key is to be prepared to actually leave if they call your bluff.
Also this probably means I was severely underpaid to begin with.
I used this technique as well, it didn't end up in a raise or another job position, or any change at all. They just said no.
I ended up taking that other job offer I had lined up since it was clear the company views its workers as replaceable cogs rather than valued contributors.
I used this technique to get that much of an increase. First found a job that I was actually willing to quit for. Went to my boss with the offer. They made a counter that I accepted. Without that offer I would have gotten probably 2-3% yearly.
People get too caught up in trying not to hurt their employers feelings by threatening to leave. Who cares if they know you were looking for another job. It's a business decision. I've tried to leave more than once at my current position and they don't treat me any differently. The key is to be prepared to actually leave if they call your bluff.
Also this probably means I was severely underpaid to begin with.