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How to GET a raise at work?
Getting your raise
With all of the effort you are consistently putting in, more so than your co-workers, you deserve a higher salary, you don't just want one just because. Your boss over the time you have worked for them, hasn't really been forthcoming with offering you a raise. Obviously sitting around and waiting for someone to offer you more money hasn't worked out for you so far. So why are you sitting around waiting, what exactly are you waiting for? It is time to ask for a raise! In this economy, the only way to get a raise is to ask for one, companies will do anything to make more money and have less payroll expense. It is also important to understand your managers' perspective and what they fear the most when someones asks for a raise. Knowing this will help you form a strong and more concrete argument for why you deserve a raise.
Here are a few tips on how to do just that, and obtain what you deserve.
Where to start?
A great way to start, is to find out how much other people in your current field, and position are making on average. Is it higher, or lower than your current salary? The first thing you should start doing before you ask the raise, is learn a little bit more about the typical salaries in your field. This information is easily obtained, through salary survey sites such as Glassdoor and Salary.com. These sites contain valuable information regarding different companies and their salaries for various positions.
Where do you fit in?
Now that you have used some tools to your advantage and have figured out how much other companies are paying for your position. You should determine where you should fit into the range of salaries. In order for you to do this, you should consider the amount of time you have spent in your field working, and the amount of time you have worked for your current employer.
So in other words, if you have worked in your field for 10 years, and know everything about your company and all of the inner workings of your field, and according to your new-found tools are making less than the average, its time to get your raise already.
Financial state of health
Determine weather or not your company is healthy financially. This is very important, because if your employer is currently having financial problems, it is not the right time to ask for a raise. As an employee for any company, you should be aware of your companies financial state. This doesn't mean to solely rely on the company gossip amongst employees, most of the time its wrong anyway. Do some research on your own company, look at financial records and reports and business news, reviews and what their proposals are for its future. This can help you determine its state of financial health.
Armed with everything you have learned, found out about your company and have determined a reasonable salary or raise amount. You should approach your boss. DO NOT approach your boss in an argumentative mindset, and don't approach asking for a raise as an argument. However, you may make your case. Think of this part as selling something to someone, similar to an interview if you are looking for a job, you need to sell yourself to the interviewer. Compile a list of achievements you have accomplished for your employer. Start with the more recent achievements and work your way back. Make sure you list your relevant skill sets, and the things you are successful at when it comes to doing your job like no one else can.
Before you walk into your boss's office, make sure you come up with some sort of plan B scenario, just in case you are declined after you state your case, or just don't quite get the raise you were looking for. You need to decide if, you are going to look else where and eventually quit your job, or if you will wait and ask for the higher raise at a later date. You answer will depend on what your boss says. If there is a denial, ensure the facts or statements your boss is using are true and factual. If they aren't, you may want to find somewhere that will appreciate you more. If the decline was for financial reasons, talk to your boss and find out if things are projected to changed, if so, when, and talk about a raise once more at a later date.
Consider this; If you feel that you deserve a raise, and are a harder working employee than most of the others at your place of employment, then you probably are, and your boss definitely sees it. The BIGGEST fear when it comes to asking for a raise, is NOT on the employee who's asking end of the spectrum. It is on the boss themselves, their fear is quite literally "If I don't give this person the raise they are asking for, or a raise at all, will I lose this person?" Unfortunately, if your manage doesn't care if they lose you or not, then your chances of getting a raise are quite small, but if you are an asset to the company, then you will get your raise.
Schedule a meeting
So you are completely ready, you have your arsenal, your plan B, you know what you are going to do with all of your new money, where you're going to go on vacation and how you are going to spend it. First thing is first, show your boss you are serious about asking for a raise, and schedule an appointment to talk to him or her. This shows a completely professional approach, and strikes a serious factor into your boss before you sit down and speak with them. Treat it as a business meeting, set up a time and a date to meet with your boss, and DO NOT discuss your raise through an email, or a text message, or over the phone (Unless there are certain limitations and your contact only revolves phone calls when interacting with your boss.
So here you are, you are sitting in front of your boss, ready to get your raise and present your case to him or her. Your boss is going to do one of two things, agree, and give you your raise immediately. In which case you have to do nothing more than ask for one. That would be great, wouldn't it? If that doesn't happen, then you may have to do more to convince your boss you should get a raise, and present the material you have gathered regarding everything in your arsenal, and definitely include the average salary ranges in your field, position, length of service and achievements.
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