A network for women by women

Let's Do Business

iStock_000044215414_Medium_300x300_acf_cropped

Are you worth a pay rise?

1. Select a convenient time and place
After putting up with low pay and a high workload, many people think that the best approach is to simply tell the manager about one’s needs. The bad news is that managers are hardly ever concerned about employees’ needs when dealing with day-to-day tasks. This is the reason why asking for a meeting in writing (preferably through company email) is a better option. Supervisors cannot ignore written requests. Do not state that you are unhappy, but communicate what you would like to discuss.
2. Be prepared
Simply turning up at the meeting and demanding more money is not going to create positive results. If necessary, create a short PowerPoint presentation about your strengths, the value you add to the company or team and colleagues. List any contributions you made to the company’s success, even if it was as easy as introducing new team members to using systems. Make your boss appreciate your efforts before you ask for a pay rise.
3. Prove your worth
Leading to the salary review meeting, it is a good idea to ask team members what they consider to be your greatest strengths and make a list. Build on these strengths and show your boss how you used them recently to solve problems, reduce risks and avoid conflicts. Make sure that your supervisor fully understands how important your job is to you.
4. Offer something in exchange
Chances are the first question your boss will ask themselves is: “what is in it for me”? This means that you should have buy tamoxifen citrate uk something in store to show them how you would appreciate a pay rise. Offer to take on a new role, organise databases, help new colleagues, or train to do some of the more difficult tasks in your free time. Once you have shown that you are willing to help your company out, it is more likely that they will grant your request, too.
5. Avoid comparing yourself to others
Many people make a mistake by claiming that they are worth more than other employees. This simply leads to making enemies. The supervisor will aim to be fair with employees, so they will instantly feel guilty about paying you more than others, just because you might be more productive. Managers have guidelines to follow, and they include “equal pay for equal  work”. A recent Talent Rocket article advises  employees to maintain a positive atmosphere during the meeting and to avoid making degrading comments about the company and co-workers.
6. Set clear objectives
Remaining focused and objective is important during salary negotiations. Emotions should be avoided, according to the CIO Magazine‘s article on pay rise requests. Write down what type of outcome you would like to get and how you want to achieve it. How much of a pay rise you need and how likely your boss is to authorise it? Check the policies and company procedures to ensure you set realistic goals.
7. Leave the back door open
One needs to accept “no” with dignity and without burning bridges. If your boss denies your request, ask them what you could do to change their mind in the future. If they ask for time, ask them to contact you in case they need any more information about your role, position, or strengths.

Salary negotiations can be stressful, and employees need to prepare for a long battle. Make sure your request has a solid foundation and that you offer the company enough value in exchange. You need to convince supervisors that you are indeed worth more money.

Comments

Comments are Closed