How do I ask my boss for a large salary increase?
I am the youngest manager in a pretty senior management position at my company. I was promoted into the position about 15 months ago. I was started at a the "low end" of the salary range due to my limited experience. There are many managers in my position delivering 1/2 the value I bring to the company (and 1/2 the sales volume) that are making 30% more salary than I am. I was told I'd be eligible for an annual increase which I just received - a 2% cost of living increase that everyone in the position was given. So, how do I now go about asking my boss for the 15-20% increase I feel I deserve?