Ask for a raise: You're doing it completely wrong
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Asking for a raise should be on your to-do list. Public praise from your boss is great, but let's face it: nothing says you're successful at your job like one Salary increase . First the raise, then the praise - that's the motto.
Unfortunately, not everyone who deserves a raise gets one - and the reasons may not be what you expect.
To avoid suffering a financial setback, take a look at some of the most common reasons why employees don't ask their boss for a raise. If some of these behaviors sound familiar, it's time to make a change.
You feel uncomfortable asking for a raise
Those : lettersfree.com
Even if you know how to ask for a raise, you have to actually do it to get results. This sounds obvious, but many employees make the mistake of not asking for a raise. If you don't ask, your employer will most likely assume that you are happy with your salary.
Even if your boss appreciates your efforts, we doubt any of them will come to you and say, "Hey, I want to give you a raise!"
Speak up - and be explicit that you're asking for a raise, not just a promotion.
You don't know the usual wages in your industry
In order for a company to compete for talent, it must pay its employees well. If you're underpaid, that's a good reason to look for one new job to see what would actually motivate your current company to offer you more money.
So before you ask for a raise, do a salary comparison and see how much you are worth compared to other professionals in your field who perform the same job. To find out what other people with your skills and experience are making, you can contact recruiters and do some research online. For this you can use tools such as: Glassdoor and Kununu use.
Once you've gathered this salary information, you can use it as a bargaining chip when you sit down with your boss.
Your timing is bad
Those : jobs.com
Many employees who actually care about one Salary increase ask have bad timing. You don't have to wait until performance reviews are due. At this point, your company may have already decided how it will allocate its budget for the coming fiscal year.
There are three times when you should consider a raise:
- When you've done something spectacular. A great performance can justify a raise. For example, you saved your company from losing its most important customer or introduced a new accounting system that reduced the company's operating costs by 10% - such achievements show that you are an important employee.
- If the company is doing well. You have more bargaining power when there's more money in the budget - and that's often the case when a big earnings report is released. Conversely, if your business is going through a downturn or has recently made a large investment for potential growth, now is not the time to ask for more money.
- When your boss gives you more responsibility. If you take on significantly more work, you should be compensated for it.
You cannot articulate your value
If you just say you have one Salary increase If you want to, you won't get a raise. You need to show what the company will gain from having you on board. Additionally, don't expect your manager to keep track of your progress. You should keep records of your contributions and present them to your manager.
Because money talks, highlight things you've done that have improved your company's profitability or productivity (think numbers) and talk about the contributions you'll make in the future.
Have some power plays
Those : naukrimessenger.com
Asking for a raise can be intimidating, but it's necessary if you want to advance your career at a healthy pace. However, there may be times when a company is unable to do so Salary increase to pay, no matter how valid your arguments are. In this case, it's time to make plans.