My current company (been here almost 8 months)
Come to find out, I was doing the Managers role for the last 8 months (per job description)! So I am just taking the role that I should of been in the entire time.
Be careful not to get greedy. I am all for negotiating (it is literally my full time job) but you do have other interests here, particularly solidifying your experience at the higher "manager" level. You claim that you have been operating at the higher level for 8 months, but to anyone outside of the organization you probably wouldn't/couldn't get the "manager"-level equivalent easily because of lack of experience at that level as your job title said "Analyst". Your BATNA (Best Alternative To a Negotiated Agreement) is to most likely take an analysis job somewhere else, NOT a manager level job. I personally lived through 2 years of doing work at a higher level at roughly the same initial salary as yours (mid $70ks) until the company eventually gave me a 10% raise which was still significantly under market (Market rate was ~$125K). I left after two years with a ton of experience and have been making above market rate ever since.
My advice based on almost the exact situation is the following:
-Let them offer first, don't demand a number
-Keep the long term in mind at all times. You need the experience for 1-2 years, not the salary right away.
-Act disappointed (NOT insulted), if you get the number and it's below <$100K. Mention that you would have expected a little more. Then stop talking
-Try to get them to negotiate against themselves by having them take one second look at the compensation package, and I wouldn't provide a number unless it's a common "manager" job with easy market rate data (NOT what the old manager was getting paid). If you have market data, then say you thought that you would have gotten the 25% percentile (low end of the range to reflect minimal experience).
-If they don't negotiate, still take the job, even if its at the same $70K salary because in 1 to 1.5 years you should be able to go get $130K+ total comp somewhere else.
-If they treat you badly financially, don't get bitter, get the experience then get fairly compensated.
Fill in the blanks:
Be
insulted disappointed if you get offered <10% raise
Be content if you get offered: no raise after trying to negotiate
Be ECSTATIC if you get offered: anything above 10%