I have had a few recruiting calls over the last 6 months from the HR Department of competitors in my industry. Since they are contacting me, I have been asking about compensation earlier in the discussions than I would if the tables were turned. What I have discovered is that my current compensation is approximately 25% below what these companies are offering someone of my experience.
My desire is to stay with my current employer. I have listened to the podcasts about how to ask for a raise and while I beleive my performance can be part of the conversation, it seems that a market based adjustment should be a larger part of the discussion as I am looking for more than amstandard 5%-10% raise. Wondering if anyone has been in a similar situation or has input on how to approach such a situation.
Thank you in advance.