Yes, you have been working for a while at your current job. Yes, you have been working hard. Yes, you have made some definite positive changes for the company. Now it is time for you to make some more money. But the question is, why won't the boss give it to me? The answer is simple, they are already getting great work out of you, why should they pay you more? Also, if they pay you more, then that means they will make less in profit. I know when you read this that you are thinking your employer either doesn't think this way, or if they do that it is very evil, but at the end of the day, it's just business.
All businesses are in it for the money. They all want to sell as much of their product or service as possible, while spending as little as possible in materials, labor, intellectual property, etc. So, how to ask for a raise? Well let me give you a few pointers to motivate your employer to upping your dollars:
1. Understand that the company is in business to make money, not to pay you.
This is critical to having the right approach when you walk into the boss' office.
2. Schedule a time with your boss to discuss your compensation.
I know this seems like a 'duh' thing, but really, how long have you wanted a raise, but not done anything to push the matter? You can't receive anything, if you don't ask for it. Being proactive will get you a lot further, a lot faster.
3. Make sure to stay very professional, and keep a low tone of voice when speaking to your boss.
Facts are a lot more important than opinions. If you can show your boss evidence of being underpaid, and not be offensive when presenting your case, you are much more likely to obtain the raise you are wanting.
4. Instead of protesting how hard you've worked, how you are always on time, and very reliable while at work, focus on the benefits the company receives by employing you.
Explain to the boss how you have helped to increase sales, or how you have worked to lower the company's costs in particular areas. If you are in customer service, explain how you have worked to appease your customers, and note any repeat business the company has received from those customers. If you are in administration or a technical area, explain how much time you were able to save other employees by the systems you have put into place. If you have saved those employees a lot of time, they are able to do more, and the company will not have to hire additional people, i.e. you are saving the company money.
5. Do some market research on average salaries for comparable jobs in your area.
Monster's Salary Wizard is a good place to start. If you find that you are being paid considerably lower than your peers, this is good ammunition to bring to your boss' attention.
6. Finally, the best way to get a raise from your current employer is to get another job.
In my own experience this is the best way to apply enough pressure to get the raise you deserve. If you go out there and find another job that pays more, then go to your boss and tell them you have another offer on the table that you are considering, they will be much more likely to negotiate with you. Fear of loss is one of the best sales tactics. And make no mistake, when you ask for a raise, you are a salesman, you are selling yourself to your boss. The great thing is, if your current boss says no to the raise, then you can take the other job.
Don't be deceived by tenure, or other baloney things that employers may put out there. You don't have to wait for an annual review to get a raise. But make sure that if you are asking for a raise, that you have some very solid evidence of why you deserve a raise. Asking for a raise is a delicate issue, however, with a calm and knowledgeable approach backed with industry and local facts, you will put yourself in the best position for getting that raise.
How To Ask For A Raise
? Made your appeal based on emotion
? Given your boss an ultimatum
? Failed to plan ahead what to say figuring you could just "wing it"
And how did that strategy work for you? Did you get everything you hoped for? Probably not.
There is a better way to ask for a raise that doesn't involve emotions, ultimatums, or even slamming doors. The answer is planning. Be prepared with objective documentation that proves beyond doubt that you deserve a raise, and have a strategy that puts that information forward in the best possible light.
1. Research salary surveys.
If you suspect your current earnings are below average for your industry in your state, verify your suspicion by checking out salary surveys. Your state employment service agencies probably provide a salary survey for your industry. Average earnings can vary greatly from state to state, so be sure to get information that is appropriate for your area or region. Make copies of any salary surveys you find.
Additionally, if you suspect your earnings are low within your own company, ask your human resources representative if he/she can provide the normal salary scale for your position. Ask for a copy if possible.
These two documented sources will help support the fairness of your request for a raise. By providing a rational argument and proof of competitive salary in your request for a raise, you'll increase the likelihood that your boss will say yes.
2. Prove your worth.
Fairness alone won't convince your boss you deserve a raise. You'll need documented proof that illustrates your contributions to your organization. If you are waiting for your boss or supervisor to notice what a great job you are doing, forget it. No one is paying that much attention to you. It's up to you to prove how much you are worth-literally.
The best time to begin documenting your accomplishments is in your first week of employment. Keep a weekly journal of what you've done that proves such things as:
? Creating revenue opportunities
? Discovering costs savings
? Helping a coworker meet or beat a deadline
? Developing a better process
? Completing tasks ahead of time
? Generating good will with clients or customers
Use your list of accomplishments to update your resume, featuring a "Highlight of Accomplishments" section that illustrates the positive impact you've had on your company. An updated resume is your most convincing evidence that you deserve a raise. It will also put your boss on the alert that you are ready with an updated resume when a recruiter calls or when the right career opportunity presents itself.
If you don't have a record of your accomplishments and contributions, you are not ready to ask for a raise. A career coach can be a valuable asset in helping you compile your list of accomplishments. Trained in the art of asking the right questions, a career coach can help you quickly identify the contributions you've made to the company. This will build not only your case for a raise, but your confidence as well.
3. Plan your strategy.
Too often, people don't think about what they're going to say until they're actually in their boss' office. That's too late. You have to plan your strategy in advance, just as you would plan any business project. It's the only way to succeed.
With copies of salary surveys and salary scales, you'll have quantifiable evidence that your request for a raise is a reasonable one. And you'll be able to back that up with a strong list of accomplishments that demonstrates how valuable you are to the company. Practicing how you want to present your case can be the final key to success in getting the raise you want and deserve.
Choose a friend or family member who has been in the position of hiring others, and ask them to let you practice your request for a raise. If you're not comfortable with doing that, or if you don't know someone who is a hiring manager, a career coach can help you craft your presentation.
A career coach has real-world experience in hiring and decision-making, so they've been in your boss' shoes. They can provide you with strategic tips that will help you win over your boss-or provide you with a way to keep the negotiations open even if your initial request is denied. Creating a strategy with a career coach will give you guidance on how to ask for the raise, how to present yourself, and how to close the deal.
Once you have your documentation, your accomplishments, and your strategy in hand, you'll be ready to approach your boss with confidence. And you'll be well on your way to getting the raise you have truly earned.
Both Jeffry Evans & Deborah Walker are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Jeffry Evans has sinced written about articles on various topics from Wedding Photography, Recreation and Sports and Investments. Get more great finance and investing tips at Jeffry Evans' .. Jeffry Evans's top article generates over 18100 views. to your Favourites.
Deborah Walker has sinced written about articles on various topics from Career Change, Prospects and Recent Graduate. Deborah Walker, CCMC is a nationally respected career coach with extensive experience as a former executive recruiter. Her career advice is featured on more than 3,000 websites and published in professional association newsletters nationwide, including t. Deborah Walker's top article generates over 8100 views. to your Favourites.
Belt Grinder Knife Making Damascus steel is a combination of metals and this greats a great looking knife!