If you feel that you are being underestimated at work and certainly not being properly paid for the services you provide, or if you have other circumstances that require an increase in financial costs, it is time to ask for a salary increase. How to do it competently so that the boss not only does not take out his anger on you, but also makes a decision in your favor? Or maybe you should wait until the money falls from the sky? Estet-portal.com will tell you about all the points that you need to consider in order to achieve a salary increase when you need it.
Timing is everything: when to ask for a raise
How often you increase your rate for the work you do depends on many factors:
- demand for a specialist of your profile (the more you are in demand as a professional in your field, the easier it is for you to find a job, and the higher the rate for your services will be offered);
- the state of the economy in the country where you work;
- specific company policies or employer preferences.
With the deteriorating economic situation that is common in the vast majority of countries these days, workers are increasingly forced to ask for pay raises, with some needing a raise to somehow make ends meet.
When is the best time to ask for a raise depends on the company you work for. For example, the salaries of employees can be reviewed:
- at the end of the calendar year;
- at the end of the employee's year of service;
- at other times.
So try to find out (don't be afraid to ask directly) when your institution's salary review is being done. It is better to ask for a salary increase 3-4 months before the expected date of review and evaluation of employees and their earnings.
How to ask correctly salary increase to get a raise
Assuming you have completed the first step, the best time to ask for a raise has been selected and circled in red on the calendar. How to behave when talking with the boss, so as not to seem too arrogant, but to achieve the desired salary increase?
- Take into account the individual characteristics of the manager.
During the year of working with a person, you have probably learned what the authorities approve of and what they are not enthusiastic about. Perhaps your manager does not like long conversations and prefers to get down to business, or vice versa – approach from afar, imperceptibly moving on to the topic of wages – the most it. In general, the approach should be individual.
- Write the request correctly.
Remember that your desire to earn more – not an argument for the authorities. If you really want a raise, you will need to back up your request for a raise with facts. For example: “I would like to discuss the issue of my salary. Last year I started (a) taking on new responsibilities like …, so I would like to discuss a salary level that reflects this kind of work. Don't say that you deserve or deserve more reward, say that you deserve it (already) and support this statement with facts.
- Keep a list of your accomplishments.
Firstly, any achievements motivate, so it is worth keeping such a list at least for yourself. Secondly, when it comes time to ask for a raise, you will be able to clearly and quickly list your achievements orally or submit a list of them in printed form. At the same time, it is advisable to indicate in this list how your personal achievements affected the success and financial well-being of the company.
- Try not to touch personal topics.
Remember, the vast majority of executives don't care about your mortgage, renovations, tuition, marriage, etc. at all. Therefore, the best trump card you can lay out when asking for a salary increase is – Your achievements and contribution to the development of the company.
- Be discreet and polite.
Even if your boss decides not to spoil you with a raise, thank him for the meeting and politely ask what you need to do to deserve a pay raise. Based on the received answer, you will be able to do some work and, say, in six months, appear before the head with the same question. You may need to move to a new, more responsible position in order to increase your salary, or simply take on additional responsibilities.
It's not a good strategy to say outright that you've been offered a job at another company and you intend to leave if you don't get a raise. If you want to hint that you – in demand, doing a job that is more valued in the labor market, you can say the following: “I like this job and I would like to stay here for a long time. But, unfortunately, my current salary is lower than what is offered in the labor market.
Estet-portal.com encourages you to ask for a raise without fear or doubt, as many managers are happy to raise their employee's rate and wonder why a well-working person does not turn to them with such a natural request.
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