Before I got my certification, I was already getting 60% higher than the market rate for what I do. According to my local sources, a person with an MCSE cert gets a 40% higher pay than market rate, while an OCP gets 60% higher pay than market rate. Caveat is either salary increase is still below my current rate. Plus, I recently got 4 certifications, an MCSE, MCDBA, OCP-DBA 8i, and OCP-DBA 9i.
Question now is am I entitled to a 40%-60% increase as well?
My boss thinks that I should be promoted to CTO or CIO status because of the skills and responsibilities that I have. But the market rate for a CTO or CIO here 260% of what I am currently getting. Or do I ask for the CTO/CIO market rate?