Should I quit my 61k/ Annual Finance Job?
Hi everyone,
I'm 25 and currently employed as an operations analyst in Washington DC. When I was first employed at my current job, my salary was 59k annually, one year later they increased my salary to 60k and another year later I'm sitting at 61k...
But here's the thing- I graduated from a private institution on a full ride academic scholarship with a BS in computer science. I have background experience in IT and I have constantly proven myself reliable to my employer. Like I can't exaggerate this enough- I go above and beyond everything they give me. I respond to emails and messages within seconds. I complete tasks urgently and I pretty much trained newcomers at my job. I'm the leader of a team that responds to client and manager requests. I have only ever received positive feedback from everyone that I work with. Managers from high level departments and firms have directly reached out to my boss to confirm how well I've been doing at my job. I've been responsible for IT changes (which is outside of my scope of work). I've used coding to analyze data and written reports and completed presentations.
I've had people at my job (who are making twice as much as I am) ask me for assistance on their projects and have provided data for them for their presentations.
I love my job and I love my coworkers- but at the moment, I'm working twice as hard as all of them and we're all getting paid the same...
I was really hoping to get a promotion this year because I really went above and beyond my scope of work but I was heartbroken to find out that they only increased my salary by 1k for the whole year!
I feel like I'm too comfortable at work. I want to challenge myself to do more and more but I want to get compensated for the work I'm doing. My rent just increased on my apartment. I can't afford a car at the moment and I don't think I will ever be able to afford a house at the rate I'm going.
I want to leave my job but I don't know if I should? Is 61k/ annual good for an analyst in Washington DC?
Just to reiterate- I don't have a car, I don't have a house and I have background experience in Computer Science, Tech, IT, Data Analytics dating back to my college years.
I feel like I'm selling myself too short. If 61k is a supposedly a good salary for DC, why am I struggling so much financially? Should I quit?
Thank you in advance for your responses.