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As the title suggests, I earned a promotion this quarter, but was informed that due to the tight budget for this quarter, I wouldn’t be getting a pay raise along with the promotion. With the current rate of inflation, this is a pay *cut* for taking on more responsibility. My bigger concern is for how this will affect my compensation long term, since this is a big step in career progression, without the accompanying salary progression. So concerned with this point in particular, I actually asked if the promotion could be deferred to a more economically stable time, since I don’t imagine I’m going to get a promotion level pay increase to make me whole later. Probably worth noting that this promotion is two quarters late, due to other nebulous circumstances.
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