I’m a second year staff auditor at a big bank. My team is giving me an early promotion to senior auditor. I have been working for this moment and excited for this time to come…except the salary increase quickly deflated my excitement.

I was expecting 15% and they offered 5% with no negotiation saying this is the standard increase for staff to senior. However these rolls have two separate salary bands. In my staff salary band I sit just below midpoint. With the promotion I’m closer to the minimum in the senior salary band. I’m not really sure what else I can do they won’t negotiate but I’m upset that I’m below midpoint/closer to the lower end of the salary band when I’m being acknowledged as a high performer consistently.