<prompt> Human: Hi all,Looking for advice. Im a middle management employee at a tax consulting firm. I am making 17.50 an hour and raise discussions started in late june. My boss is moving me to an exempt position with a promotion and asked me out of the blue what i wanted to make. I was a bit unprepared and told him 50,000 which we agreed to. Unfortunately, i had only thought im making about 36k per year so 50k a year is a great raise. But what i didnt consider is i average about 6.43 hours OT per paycheck semimonthly so im already making almost 50k a year and thus this promotion isnt really a raise. Also, i lowballed myself because people with my experience and skillset are usually making around 70k. I want to renegotiate our agreement to 62k. How can i do this tactfully? I feel like shit cause im going back on my word but ultimately i know i wont be satisfied with what was agreed upon.  <response>: So I did the math:6.43 hours OT at 17.50x1.5 an hour twice a month 17.50 an hour for 80 hours per pay period 40,451. 50k seems like a pretty decent raise. Plus you get that 50k even if you dont work what was previously OT.Cant comment on whether 62k would be fair, since I dont know your jobexperienceindustry. That said, 17.50 an hour to 62k is a pretty big difference. 