Should you negotiate salary for a promotion?
It's important to negotiate a promotion salary increase because your employer will, in all probability, be aware of what it would cost them to hire and train a new person for the role you're taking on. What is a typical raise for a promotion? According to the Bureau of Labor Statistics' annual review, the average raise for a performance-based promotion in 2020 is 3.0% . This means an employee earning $40,000 a year would receive (on average) a $1,200 raise.
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