Topic: Salary question

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lele Posted – 4/29/2008 4:40:39 PM | show profile | email poster
I want to ask for a raise, but I am not sure how much comparable positions pay. The salary surveys I have seen are old and salary.com seems inflated. I would really appreciate your opinion. I am the editor of a monthly trade magazine in Los Angeles, which brings in about $80,000 a month in revenue plus about $30,000 a year in onlne revenue. I am the only editorial person on the staff. (tiny company). I also do a weekly newsletter. The executive editor does the editor's letter once a month and has no other involvment. She just adds her brand identity to the magazine. I have been doing it all for 6 years. I have also promoted the website sucessfuly with press releases and directory submissions. I think I do a great job. People love the magazine and the newsletter and we have managed to hold onto our advertising unlike some of our competitors. But, they pay me peanuts!
WritingEd Posted – 4/29/2008 6:28:16 PM | show profile
I think it's great that you want to ask for a raise, but if you're paying you peanuts there's really very little chance they could afford to pay you market rate for this type of position. Sure you could potentially snag a few more thousand, perhaps even on top of a yearly increase, but it sounds like this company is just too small to be able to pay. Probably time to move on.

If you do have this kind of discussion try to frame it in terms of how much you contribute to the bottom line (for example, maybe you tend to pass along sales leads to the ad reps and this has resulted in new clients, or you have helped come up with new revenue streams).
lele Posted – 4/29/2008 8:12:19 PM | show profile
salary
Sigh, I know you're right.

I will mention the sales leads
Thanks
ManhattanMatt Posted – 4/29/2008 8:43:25 PM | show profile
Ask for a raise ...
... in cashews.
kim780 Posted – 4/30/2008 6:16:52 PM | show profile
get a new job.

i was in your position and i stayed too long making too little and getting paid in swag and pennies. you need to work for a bigger company in order to get paid unfortunately. you should definitely ask for a hefty raise, but understand that they will likely not be able to match it...
WordyBird Posted – 5/2/2008 12:23:21 PM | show profile
Time for a new job. Besides, in this economy, they've got a ready-made excuse to turn you down.
1–6 out of 6 messages