It’s natural to demand a raise when you work hard and go above and beyond your job description or surpass your peers.
Your salary is a symbol of your worth to the organization, and feeling under-appreciated can have a detrimental impact on your confidence.
Negotiating a pay raise, on the other hand, can be nerve-wracking. When and how to approach your supervisor, as well as how much to ask for and what to say, all require considerable consideration.
Having done a couple of researches, the following techniques below are best suited for you to ask for a pay rise and get it.
- Know your worth in terms of your job description
There are numerous compensation surveys available to assist you in determining what you should be paid as an employee. Just do a little googling.
Doing your homework before making a request is a smart idea since it will help you understand your worth and make you feel more confident in your request.
- Ask in person
In-person is the best technique to request a raise. A request made in person is more difficult to refuse than one made in writing because approaching the matter in person indicates you are serious.
When you meet with your boss, you can measure their reaction, make counter-arguments, and bargain; if you send an email, you won’t get that chance.
Even though it’s ideal to ask in person, it’s a good idea to write down your points. It will help you organize your thoughts, and you may thank your manager for their time and reiterate your important points in an email after the meeting.
- Give your boss/ manager a hint
If you surprise your boss or manager with an issue like this, he or she may react with a knee-jerk reaction and say ‘no’. You may want to summarize your request and rationale in an email to them, then request a meeting to talk about it.
- Choose the right time
It’s important to pick the right time to talk to your manager about your wage. Consider the wider picture.
Find out when raises are given because this will suggest when the most money will be in the pot; and you can also be opportunistic – if a colleague has abruptly resigned, your supervisors may be worried about losing someone else, so it’s always worth asking then.
- Be Strategic in your asking
Asking more than once a year may be unrealistic unless there is a massive change in your work within the company. So as much as possible, you want to ensure that you ask just once a year and at the right time.
These are a few of the techniques that will help you when you finally decide to demand for a pay rise your boss and we will be sharing more tips like these in our subsequent posts.
To view the part 2 of this article, click here.