Tips for Getting a Pay Raise in a Down Economy Claymont DE
Penns Grove, NJ
Tips for Getting a Pay Raise in a Down Economy
Get a Pay Raise Even in a Bad Economy
The act of asking for a pay raise at the workplace is one that elicits feelings of fear and uncertainty in many. They simply wish away the whole idea and hope that the boss will be compassionate in the near future. This issue has become even more burdensome to think about in the current state of economic turmoil. What is important is to realize that the economy’s woes are felt by each and everyone and that nobody will turn down the opportunity to earn more. It therefore follows that the next thing that ought to be done is talking to the boss regarding the issue. This however needs to be done with skill – you won’t get positive results by barging through his or her door and having a confrontational conversation – technique is of the essence. Below are some tips that will help you towards this end:
1 Your Raise Request Should be Backed by Merits
A pay raise will not be earned after you saunter into the boss’ office saying that you have been a good worker or that you have always been punctual. Such reasons won’t work simply because they are the basic requirements in a workplace environment. The merits being described here have to do with the feedback that people you have worked with, be they fellow employees, your superiors, and most importantly the clients, have about you. The merits may be in the form of customer emails, performance appraisals, and even thank-you notes from satisfied people you have interacted with on behalf of the firm. The merits could also be in terms of workable initiatives that you introduced into the firm and thus helped in cost-cutting etc.
All these can be put together in a folder and be presented together with your request. Remember that it is the person with the most credentials and credible information that wins in a salary negotiating situation.
2 Negotiate From a Strong Vantage Point
This is more or less a continuation of the above tip. In asking for a pay raise you have to argue your case in terms of what is relevant to the boss and the organization – it’s all about performance. Upon being hired, it was not the boss’ concern about how much in debt you were or how many children you planned on getting. It was all about what you would bring to the organization – base your negotiation on the same line of relevance. Prove to the boss that you bring value to the firm and prove this with solid achievements you have been able to facilitate. By proving that you are a performer, the boss will look for ways to appease you and retain your services.
3 Let the Boss Spell Out His or Her Grounds for a Raise
A technique that has often been used to augment the two previously mentioned, is having the boss specify what he or she would want achieved before a raise is given. In applying this tip you have to be specific in terms of what level of raise you desire. This is best proposed in terms of a percentage amount and a timeframe in which to secure it. Bosses wi...