Everyone hopes for a raise. Now more than ever, this is a fact that no one can deny. Sadly, most people have no idea how to politely ask for a raise. Read the tips below to enjoy a pay rise soon.
Exude Confidence
Yes, you can be confident and still be polite at the same when asking for a raise. This may sound a bit intimidating but sometimes, this is the key to have your request granted. Just be ready to get a no for an answer, though.
However, once you received a raise, you also need to gear up to continue to work hard or even harder soon. Since you are confident that you deserve a raise, it is time to prove it to your employer.
Be Familiar with the Competitive Salary for Your Specific Position
There are websites where you can get a salary report for free to see how the industry standards compare to your salary right now. Make sure you consider the specific industry where you are based in, your benefits, and the size of your company or organization.
Some companies don’t really pay well and this is why it is best that you consult hiring professionals if possible. If you got connections with hiring managers and local recruiters, you can request them to check your resume and give you a more realistic salary goal according to your experience and position.
Let Your Employer Know How They Can Benefit from Giving You a Raise
Employers never care about your dream vacation or the mortgage you need to pay during a salary negotiation. The only thing they care about is what they can get out of it.
Aside from explaining the things you have done for the company, you might also want to explain your future goals. Share your goals with your employer, the benefits of these goals for the company, and how you plan to reach for these goals.
Present Your Achievements
Describe the positive effects of your achievements not only on your department but also on your company in general. If possible, you can try to provide specific statistics and numbers. Managers find it hard to turn down a request for an increase in pay once presented with numbers. You can have more chances of getting that well-deserved raise if you provide stronger data.
Write Your Request
There is a chance that your employer also has a boss to whom they need to share your request for a salary or pay raise. Give them a handout that will summarize your request, similar pay ranges, and benefits that the company can get out of your efforts.
What to Do After Presenting Your Request
There is a very small chance that your boss will agree right away to your request. More often than not, they will need some time to talk about it with the rest of the decision-makers before getting back to you. You can ask them for the timeframe when they will reach a decision.
It can be uncomfortable and stressful to ask for a pay raise but you won’t lose anything if you give it a try.