Company just increased the salary range for my position significantly, but didn't give me any pay increase. I asked my manager and they said they won't be adjusting any current staff members salaries. Is it worth fighting to get a pay increase or not worth the effort?

Context: I've been with this company for 10 years in this particular role. The old salary range was $49,100/year to $80,100/year. I started at $52k and had worked up to $72K after 10 years. I was checking my employee profile the other day and noticed they increased the pay range for my position to $64,100/year to $95,100/year. This feels like a massive pay cut, since new employees can potentially out-earn me from the start compared to my 10 years of service. I've spoken with my manager and they kind of laughed it off and just said they were adjusting salary ranges to remain competitive in the market but would not be adjusting any current employees salaries unless they were lower than the minimum. Do I push for a raise, or time to look for a new job?

Posted by /u/gamemaker14 on r/jobs
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