I am currently an employed "Associate Director" for a very small firm (as in, less than 10 employees, although the company is owned by a much larger parent company).
I've been there 12 months, and things are going well. But during those 12 months I noticed that my colleagues, especially my fellow directors, always refer to me as the "Director" of the area I specialise in - whether they are introducing me to clients, introducing me at a conference, or just putting my name in a structure chart for a presentation. I am only referred to as Associate on my card, which is rarely dished out anyway, and in my email signature - otherwise I am verbally referred to as Director.
I've patiently waited for to get 12 months under my belt and demonstrate the required competence for the role, and approached my MD to ask whether there were plans to actually make me up to Director, considering I'm only ever referred to as such anyway. MD acknowledged that and said there certainly was - but didnt say when, and pointed out that "there wasn't necessarily any money in it."
Disappointing, although I'm fully aware that our budget won't stretch to an increase. DH says that I should therefore turn it down if I'm offered the full directorship, because I'd be a mug to take the responsibility with no additional reward, and they are just using me to do more work for less money.
I disagree - I'd like the experience, the kudos and the title on my CV frankly, and although a matching salary would be nice, it's not the main thing. I am thinking about the long term.
So how do I approach this with the MD? We get along fine but they are a bit...well...vague. I want to know where I stand but I don't want to be pushy either.