Every employee faces the dilemma of questioning their salary at one point of their service. Are you paid your worth? Should you negotiate with your salary? Well, there are few things that you need to keep in your mind before you ask for a pay raise. Asking for a pay raise can be a mentally and emotionally challenging affair for every employee. But this is something that needs to be done. Here you can find few ways that might be beneficial for you while asking for a salary raise.
Here we are listing the top 10 ways to ask for a pay raise and get it:
1. Research is everything
It is important that when you sit down with your manager to discuss your salary, make sure that you are ready to talk. Discuss the average salary in the market and keep handy all the statistics to put forward your agenda.
It is also important to be aware of your employers wage structure. There may be a cap on wages at certain levels so knowing this will help you negotiate an increase if your current salary is below this cap.
2. Avoid Negativity
You can lose the argument all at once by going negative. This includes complaining and comparing your co-worker’s salary to yours. There is no need to explain what and how much work you do, if you are worth it your manager will know!
3. Don’t be stubborn
Stubbornness is something that can turn the whole conversation into a mess. It can make your manager disinterested in the conversation and in many cases, offended. Make sure you stay in line.
4. Tactfully represent your importance
Well, by this we don’t mean that you should start explaining your job profile or make them start counting your tasks. Your conversation should represent your quality of work.
5. Wait for your time
Do not hurry. Figure out the time and then put forward your requests accordingly. This means that you shouldn't ask for a pay rise when you've just started at a company. Work hard and have a plan about when is the best time to ask for a wage increase - this typically should be when you've secured a big deal or when your sales figures have sky-rocketed.
6. Ask for more responsibility
If you are asking for a pay raise, you can support your argument by asking for more responsibility. Increase in pay goes hand in hand with more responsibilities at work.
7. Demonstrate your complete plan
Make sure that you discuss your future plans with your manager. This includes everything related to the company and your profile. If your manager understands that you are fully committed to serving the company and that you can be seen to be performing better than expected (and better than your colleagues) then your boss will seriously consider your request for a pay rise.
8. Ask for something genuine
Your pay raise request should be dependent on a genuine statistics. Do not ask for more but yes, do not go for less than what you deserve.
9. Have a back-up plan
What if your request is not considered? In these cases have a Plan B. Negotiate in terms of other facilities like extra holidays, better allowances or something that works in your favour. You could also negotiate to be paid on performance. This works especially well in the sales and advertising industry where increases in numbers can mean great bonuses paid per month.
10. Work Harder
Show your full potential to your employer. Work better. Work harder. Work smarter, Remember, no one can let go of a hard worker and a skilled employee.
Remember, negotiation is the key to your questions. Master this art and you are good to go. So the next time you feel unsatisfied with your pay, make sure you talk to your employer about your situation, rather than sulking in your own self. If you are quite sure that the time is right, make a concrete argument that your employer cannot refuse.