Saturday, May 9, 2020

Asking For A Raise Heres What You Should Remember - CareerAlley

Asking For A Raise Heres What You Should Remember - CareerAlley We may receive compensation when you click on links to products from our partners. Asking for a raise is one of those things that is easy to do if you get it right. If you dont, you could find that youve ruined your chances of changing up your salary for a good few months, and you may also leave your boss with some serious doubts about ever giving you one. However, if you know how to go about it, and you can prove that youre deserving of the cash, then youll be well on your way to increasing your annual income. If you want to secure yourself a great raise, then keep these things in mind! Image credit Your boss has no obligation to give you a raise Sure, wed all like to get a bit more cash for what were doing. However, your boss is in no way obliged to give you a higher salary, unless they are paying you below the national minimum wage. Because of this, its pretty counterproductive to storm into their office and demand that youre given what you deserve. In short, its pretty important to remember that youre asking for more cash, and proving that youre worth spending it. Dont approach this with the attitude that your boss has to meet certain obligations set by you, as this will only serve to ruin your chances at actually getting the increase in pay that you want. Asking for a raise is one of those things that is easy to do if you get it right. If you dont, you could find that youve ruined your chances of changing up your salary for a good few months, and you may also leave your boss with some serious doubts about ever giving you one. Tweet This Knowing your boss mindset is key Making sure that you get a raise is wholly dependent upon how well you understand your boss mind. Perhaps your boss is incredibly sales-mindedand will be more willing to give you an increase in pay if you show that your sales have increased. Or maybe, they just prefer their employees approaching them in a certain way. Whatever it is, working out how your boss ticks is important. It means that youll always know the right time and place and that you will always pose the question to them in a way that guarantees your success. Sure, it may seem a little excessive, but if you want to get that raise, then work this out. You need to get the timing right Getting a raise is as much about timing as it is about execution. If you know that the company that youre working for is facing financial hardship, for example, then its a good idea to wait a little, and ask for the increase that you want when the hard times have passed. Sure, its annoying, but it will be a lot more fruitful if you wait it out. Another thing to keep in mind is the beginning and the end of the financial year. If you prolong your request for a raise and dont take the first steps until the budget has been finalised within the business, then you can be pretty sure that your ask is going to be rejected. Time it right, and youll be glad that you did. Showing your skills is important If youre going to get a raise, you need to ensure that youre proving your value to your employer. Think about all of the reasons that you should get a rise in your income before you head to the meeting, and note these things down. Are you always punctual and efficient, and have you shown a degree of loyalty to the company? If youre not sure about this, then getting in some extra qualifications could be of use. Sign up for the class, make sure that you secure that great grade by using Exam Topics, and show your boss that youre taking steps to progress within the company. If they can see that youre being proactive, youve got more of a chance. Image credit Always ask for feedback Sometimes, your boss will deny your request for a raise. Perhaps it isnt in the budget, or you havent done enough to prove to them that youre a real asset to the company. Of course, they have every right to do this, and you should never just expect to increase your income simply because youve posed the question. However, asking for feedback is absolutely vital for your success in the future. There are two important things to ask: why didnt I get the raise? and what can I do next time to ensure that I do get it? The latter question will really help you to increase your chances in the future, so dont be afraid to ask it. Even if you love your work, the fact of the matter might be that you wish you earned more money. Checking up on wage equality at Hired.com is certainly a good idea, but its also best to do everything possible to make employers want to pay you what youre asking for, or at least be willing to offer you a raise. Here are few things you can do to effectively increase your overall earning potential. Be as patient as you can From the moment that you ask for a raise, youre wondering what your boss is thinking. In fact, you may be waiting every day for an answer, and this is totally normal when youve been through this process. However, you have to accept that there is nothing that you can do about how long your boss is taking to decide. Pestering them, and wanting to know when youre getting that raise all of the time, will simply make your chances even worse. Wait around a week or so, and then send a follow-up email, or request to have a short meeting. If youre always knocking at the door and asking for an answer, your boss will most likely find this intolerable. Know your worth to the company Some people ruin their prospects of getting a raise because they ask for too much, and others miss out because they ask for too little. If you go all out and ask your boss for a lot of money, the likelihood is that they will dismiss your request, and probably never consider any of your future requests, either. Look into what others with your job title earn, and make sure that you find this outside of the company (asking your colleagues about their wages is a bad idea, and wont help your cause). Then, come up with a reasonable figure, and ask for that. Know how much you could get elsewhere, and how much you should be getting. So If you want to get a raise, then keep these things in mind. If you approach it properly, you should be able to secure a higher income in no time, so dont hesitate to organize that meeting! What's next? Ready to take action? Choose the right tools to help you build your career. Looking for related topics? Subscribe and make meaningful progress on your career. It̢۪s about time you focused on your career. Get Educated Contact Us Advertise Copyright 2020 CareerAlley. All Rights Reserved. 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