How to deal with dissatisfaction with my performance review?
I've received the equivalent of EE in all the areas of assessment. I'm disappointed with my performance review as I did not get promoted or get a reasonable raise despite my great performance. I (along with many of my peers and my manager) feel that I've already been performing at the next level for the past 6 months. Now it seems that I've to keep performing at the next level for 6 more months before actually getting promoted to the next level - this seems unreasonable to me.
What are my options apart from looking for other opportunities outside my current company?
Discussion
(1 comment)- 10a year agoTech Lead/Manager at Meta, Pinterest, Kosei
From the promotion perspective, unfortunately, there's not much you can do. You're at a series C company, so maybe the processes are not as rigid as Big Tech and you could ask for an out-of-cycle promotion. But that is very unlikely.
A more likely outcome (but still unlikely) is to ask for a compensation increase despite not getting a promotion. See this video for more details on that. Your peers and manager think you are performing at the next level -- do you have data to suggest that you're being underpaid? That would help in making an argument.
The best way to gain leverage here is through a competing offer that pays you more. Phrase it like this:
A recruiter reached out to me, I decided to learn more, and I ended up getting an offer. Turns out, this offer is much more than my current compensation. I really like the work I do here, but I also want to ensure I'm fairly compensated. How might we bridge the gap?
If you're well-liked and important, your company may give you a counteroffer. (Note that some companies like Meta also explicitly do not give out counteroffers.)
Amazon actually had a formal term for this called "dive and save". I'd do this only if you are truly ok with leaving your company for another opportunity -- you don't want your bluff to be called and then get stuck.
Resources on negotiation:
