Comment Have another option (Score 1) 349
You only get what you negotiate, not what you deserve or desire. The best way to negotiate is be willing to walk away.
So, you should find another one or two companies willing to pay you what you want in terms of money and options. Then go to your existing employer and say "With the economy picking back up, I'm looking to find a company that will allow me to grow with them. Do you think AbcCorp could be that company for me?" "yeah, sure, excuse me while I fix my pointy hair, ummhmm..." "I've tried to figure out where that puts me, and found that a comparable position at XyzCorp offers 25 scooby snacks plus the opportunity to drive the mystery machine. Do you think my value to AbcCorp puts me in that range at this company?"
Don't use overly confrontational terminology, like "match their rate", "if I stay", etc. Treat it as a fact-finding mission and at the end of the day, you must be OK leaving if you and your employer don't agree on what the facts are.
Additionally, if you don't find other companies willing to pay more, or if you determine in your heart that you wouldn't really want to move companies, then at the end of this process you will be happier even if you stay. That is just as important to discover.
So, you should find another one or two companies willing to pay you what you want in terms of money and options. Then go to your existing employer and say "With the economy picking back up, I'm looking to find a company that will allow me to grow with them. Do you think AbcCorp could be that company for me?" "yeah, sure, excuse me while I fix my pointy hair, ummhmm..." "I've tried to figure out where that puts me, and found that a comparable position at XyzCorp offers 25 scooby snacks plus the opportunity to drive the mystery machine. Do you think my value to AbcCorp puts me in that range at this company?"
Don't use overly confrontational terminology, like "match their rate", "if I stay", etc. Treat it as a fact-finding mission and at the end of the day, you must be OK leaving if you and your employer don't agree on what the facts are.
Additionally, if you don't find other companies willing to pay more, or if you determine in your heart that you wouldn't really want to move companies, then at the end of this process you will be happier even if you stay. That is just as important to discover.