Negotiating Internal Transfer

Question

My boss approached me about a new role within the company that I currently work at. I’ve been with the company for just over 1 year and performed at a pretty high level. On Friday, my boss offered me a PM role with a team that is responsible for more revenue, more growth, and better engineers.

When I spoke to my mentor about it, his first question was “is it a promotion or is it just more work”… I couldn’t really answer that question, but I want to parlay this into more money. Any tips on how I should approach the next conversation to ensure I optimize my comp in the transition?

mcL83uWYrVQFW8fBqM · Accepted Answer

How big is your company? Are you a PM already ?

Usually inter company moves within same job family don’t come with salary bumps unless your boss makes a case that you are underpaid during performance review cycles.

ProductMan · Answer

Will this come with a title promotion?

KickGoatsZoup · Answer

All of my pay increases have been internal promos or market reviews as a an internal candidate. However, I would review JD of the new job, emphasize the skillsets that this job will need that may be different from what you’re currently using, and obviously don’t accept the first offer if you get the chance to negotiate. But if worse comes to worse a lateral transfer is a lateral transfer until they do market review and first performance review of the new job.

Resolved · Answer

It’s a large company (5000+). I’m in a PM role right now, but have done really well to turn around a struggling team to return substantial financial value. Like I said before, the new role will have more responsibilities and visibility to senior leadership.

I think it’s a good opportunity to advance my career, but I’d like to capitalize in this moment with a better title and more money.

Negotiating Internal Transfer

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