I began a new position at the end of October last year, leaving an underpaid and overworked role at my previous company. During the interview process, I conducted research on platforms like Glassdoor to gain insights into salary negotiation. About four months into my new job, a team member in a lower position than mine asked about my salary. I provided an approximate figure and was surprised to learn that this team member, with three years less experience but one more year in the business, was earning 40% more than me. They suggested I request a salary adjustment to market value, which I did, and it was granted.
In summary, we lost some more senior team members, and the company promoted others, including the team member who had previously advised me. While I was told they hadn't forgotten about me, obtaining a second promotion within six months was challenging due to shareholder and board constraints. This wait extended until now, in October.
It's worth noting that there is little difference in skill level between me and the other two team members. They hold master's degrees, while I am self-taught. However, my extensive work experience compensates for this difference. They tend to focus on one project, while I frequently switch to new projects. Our performance reviews typically range from 4 to 4.5, with me scoring a 4 and them scoring around 4.3 to 4.5. The varied projects I work on sometimes impact my scores negatively.
When they were promoted, they received around 30% salary increases, in addition to their yearly 4%. I received my promotion letter with the expectation of a 20-25% increase, given my shorter tenure, but was offered only a 15% raise. This seemed disproportionate and left me feeling uneasy. During the meeting, when they asked if I was satisfied with the figure, I expressed my concerns, though I indicated I needed time to consider my next steps. Notably, I did not receive a yearly increase either.
I'm seeking perspective on whether I'm being unreasonable. While I understand the significance of receiving two substantial increases in one year, I believe the company should have offered me market value from the beginning. If my concerns are valid, how should I address this issue? I cannot explicitly mention that others received higher increases. What approach should I take?