I used to work for a small software consulting company (less than 5 people) as a software developer. Recently we were informed we're being sold to a larger consulting company (almost 80 people) and our offices closed down because the new company is 100% remote. My boss invited us to breakfast before work one day and told us the news.
I was about to get a big raise for my second year being there but the old company was sold right around that time so I didn't get a raise. I was already getting underpaid. 9:1 is my billing rate to salary ratio and I work a lot more with this new company.
When is a good time to ask for a raise? It has been 3 months that my company was bought. My billable hours are 60 to 100 hours a month on average.