Learn The Best Ways To Request A Raise
Five Dos and Don’ts Asking for a salary increase is a tough venture, especially in a difficult economy. If you feel that you’re not getting paid what you’re worth for doing your job, learn the best way to request a raise by following our dos and don’ts. Do your research: As soon you begin planning to ask for a raise, background research is needed. You need to know as much as possible about competing salaries in your field, region, and at competing companies in order to make a strong case. Do be constructive: No one likes to hear complaining, especially the boss. Presenting the situation in a positive light, such as speaking about what is working and what you like about your job, helps you to stand out from others seeking the same thing as you. Do promote your work: Why should you be getting this raise? Promote your accomplishments humbly and sincerely—don’t assume the boss already knows. Give specific data and evidence of your contributions. Do know what you want: Everyone wants more money. What else do you want? Have a number in mind based not on “what I need to have in order to live” but what you frankly and honestly believe your worth to your company to be as well as what the general market rate for your position is. Do know what you can do better: Use this conversation as an opportunity to point out the places in which you can improve. No one is perfect, but an employee that is self-aware and strives for improvement is a valuable asset to a company. Don’t compare yourself: Don’t say that you deserve a raise based on what another coworker is making. Frankly, it’s none of your business. Don’t be afraid: Fearing rejection is a natural human emotion. But this conversation isn’t personal! It’s business, plain and simple. You won’t get fired for simply asking for a raise. Don’t issue ultimatums: Threatening to quit after a rejected raise pitch won’t be rewarded. Not only will your boss get annoyed, but they won’t pay out based on an idle threat. Don’t come at a bad time: Employee salaries are calculated with many variables in mind. If your company is facing a rough patch, it may be best to hold off on talking about a salary increase. Don’t give up: If you’ve stated your case and you’ve been turned down, don’t give up. Ask what you can do in the near future to make your boss reconsider. Are there things you should work on? Special projects you can shine on? Let your boss you know intend to stay with this company and would like to explore a salary increase in the future.