I apologize for the backstory in advance:
I've been asked by a VP to apply for a manager position that has opened up. I've been working 6 day & 70+ hour weeks for almost two years. I've just made a lateral move into a supervisory role which allows for a bit more work/life balance (which has been a big issue at home).
The manager position will lead me back to the heavy work load, which isn't much of a problem for me as I'm trying to learn, develop, and move up.
Salary, however, is a bit of an issue. Our company rarely does raises, and they are never substantial. I know this promotion will have a pay increase, but not sure how much. With no yearly raises, we all assume the worst so this will probably be my only compensation discussion until the next promotion.
The VP is also the person I'm going to need to discuss salary with, and he's known for being tight with the purse strings. The 1st quarter is always slow for us, so we're currently in cost-containment mode. Secondly, I see this person as a role model and mentor. We are very similar, and I would like my career path to emulate his. I also know he wants me to take the position because we've got a good relationship, he feels I have high potential, and he needs to backfill the position ASAP.
How do I approach this negotiation, considering I consider this man a mentor? I don't want to come across as greedy or unwilling to help out. I recall a podcast saying the short answer to asking for a raise is don't ask for one.