Here's my situation, feel free to weigh in with any advice or experience. All thoughts are appreciated! - Chris
My question is this: Am I right to approach the subject and ask for the raise that was mentioned upon promotion?
I am a 21yr old male with 6+ years experience in the restaurant and sales industries. I started from the bottom of a fast food company and have worked my way into management at two of my jobs during the last 4 years. (I usually work 2-3 jobs at any given time).
I have been with my current company for 2+ years and have been a full time manager now for only 6 months (since January). The company trained me to take over my own store and I am proficient in meeting all the needs of a management position from menu creation and execution to management skills, food cost, ordering, boh/foh relations, labor, cost control, P&L's, etc.
When I got the promotion, I became salaried and now make approx $13.75 hourly equivalent ($550 / week before taxes). Upon agreeing to take on my own store, the business owner and I discussed and agreed that I could make $600/week the first year if things went smoothly and that pay would then increase marginally every year (like a normal salaried position).
The potential raise was intended to promote hard work and results and I feel that I've delivered on my part but am waiting to see any kind of reward. Verbal praise and coaching has been received and appreciated, but money is money, and I have bills to pay.
Compared to others in my location and position, I feel I am underpaid but enjoy the work and take pride in my store and the relationships I have with my guests. After a recent paycheck slip-up I discovered that the other managers in my company are making anywhere between $50-$250 more than me per week. In addition to that, my line cook makes $13/hour and is making more on busy weeks than I am. I respect him immensely and am more than willing to pay him more, but I feel that I am worth more.
As for my store, we are currently meeting food cost and labor goals + driving the company with new recipes and training valuable future store leaders. (whereas other stores have problems with employee retention, tardiness, cleanliness, etc).
Do you think it's too early to bring up in casual conversation? Or should I ask for a meeting to discuss my future development and bring up pay as a side note? I am worried that the business owner is never going to voluntarily throw money at me and that I should be proactive in my career (including salary discussions).
On a side note, I have a great skillset to work with now and if I wasn't so loyal to the company I believe I could find another restaurant position that pays better in my area for the same amount / quality of work. Anyone think I should look elsewhere?