Ask yourself one question....
Do you or your colleagues consider you to be a good techie?

This may fly in the face of convention here so far, but after a fair few years at the IT game, I would hands down say that good techies make crap managers, and generally end up miserable in a managerial role due to it being unsurprisingly non-technical and mostly about admin.

However if you think you're rubbish, you have the potential to be better at being a manager at least. *chortle*

As for the no pay rise thing, I wouldn't worry about it, I've worked in so many companies where people get promoted in IT roles and get sod all extra for it, that it's more surprising if they do get a pay rise than if they don't.
(repooc, Sun 13 Jun 2010, 1:24, Reply)