It is not surprising to find out that almost every employee out there today is constantly dreaming of getting a pay rise. While some want a pay rise to lead a debt-free life – without needing to apply for an IVA – others need it to stop bailiffs from embarrassing them. Irrespective of what your reasons are, the simple fact remains that almost every employee wants a pay rise. In fact, according to a recent survey, it was observed that out of 10 workers, six (60%) have bigger salaries than the previous year and about half of those who received an increase in their salaries observed that the raise was as a result of a promotion.
The first step towards getting a raise is you need to, first of all, believe that you deserve a raise. Believing that you deserve a pay rise and you follow the following five key steps will position you in the right place to receive a salary boost.
Be sensitive to the right timing
One of the first steps you must master well is the ability to read the room. When you want to have a pay rise conversation with your manager, you should avoid doing that when your manager is stressed. You should be sensitive to know when your manager is stressed. Before requesting a pay rise from your manager, you should have completed a series of significant notable tasks which deserves praise. Your request for a pay rise should be based on your company’s title, industry, and location and should follow your company’s review criteria. Also, ask your manager in advance about discussing as regards your compensation.
Don’t use your personal life as the criteria for a raise
One of the important traps to avoid when seeking a pay rise is to avoid asking for a pay rise in salary according to your personal life. Discussion with your manager should not be based on the fact that you are expecting a new baby, or you are dealing with medical bills, or you have an aging parent you want to make funeral plans for on the MyNetResearch site, or you want to secure some financial packages on the UpSave website, or because you want to clear your debts with a Scottish trust deed scheme. Those are your reasons for a raise and not your employers. And as expected, your employer is more likely to turn you down than listen to your excuses.
Also, do not request a pay rise in your salary based on the number of years you have worked at your company. The legal ground for which your company should give you a pay rise should be based on your efforts invested in the company and the impact you have made in the company for the time you have served your company. Before you request a pay rise, ask yourself what are you doing that contributes to the goal of your company. Also, what are the things you are doing on your current job that is far beyond your current pay rate?
Get the facts
It is very important to have a justification for your pay rise for which your employer will not be able to argue. Present the results you have been able to achieve in your company with the necessary facts and numbers. What is the revenue you have brought in, what are the tangible results you have accomplished for your company, what are the risks you have been able to take in your current role? Have you been able to contribute to the mission statement of your company? These are some of the basic principals that allow you to request a pay rise from your employer. If you can’t demonstrate positive actions or you have not delivered on all the expectations of your company, then it is time to start building positive feedback that will compliment your request for a pay rise.
Connect the past with the future
Your past performance should be one of the basics of your request for a pay rise from your employer, but another useful tool you can use to your favour is to talk about your future performance. Position your argument concerning additional responsibilities you will take when you receive a pay rise in your salary.
Consider the negative feedback well
What if your employer does not agree with the fact that you deserve a pay rise? Then you need to respond positively and ask the right question. What is your company’s expectations of you before you can receive a pay rise? What should be your performance level before you can be considered to have an increase in salary?