Here's how you can secure a salary increase by showcasing your performance and contributions to the company.

Leverage salary benchmarking tools or industry surveys to compare your current salary against market rates for similar roles and experience levels. Use this data to demonstrate the competitive landscape and justify your request for a salary increase. Example: use pascale,glass door, indeed and benchmark salary .Research industry-specific salary surveys or use online salary comparison tools to gather data on the average salary range for professionals in your field with similar qualifications and experience. Present this data during contract negotiation to provide context and support for your salary increase request, emphasizing that your compensation should align with market norms.

This involves showcasing performance and contribution to company emphasizing value. 1 Reflect on accomplishment, project and contribution as per last performance review 2 Focus on contribution in term of tangible outcome like cost saved, productivity improvement 3 Research market value of role and level of experience, utilize salary survey, industry report and online resources 4 Based on experience, expertise skill and qualification assess your market value 5 List down the contribution, client testimonials, awards and recognition. Build comparative narrative highlight unique skill, expertise and accomplishment 6 Schedule a meeting with supervisor to discuss Approach negotiation with confidence and professionalism communicate expectation

Assessing your values requires a great deal of self awareness. You should reflect on your achievements, contribution and participation in the company projects. Start by making a list of these things. Then try to quantify your work into currency statistics. Moreover, value can also be based on team participation and inter-personal relationships with other employees. All of these things help showcasing how valuable you are to the company.

The best way to time your demand is when you have contributed significantly or the firm has benefitted largely by your participation. Consider the company's financial state as well. By choosing the right time you'll be recognised better for your value.

Timing is everything. You need to make sure that you are not just asking for a raise to ask for one. Is the company in good financial standing, are you doing a great job in your line of work, are they going through layoffs, is the market going up or down in value in your industry.

Key points while building your case: 1. Don't be overly assertive 2. Summarise your accomplishments in a short and interesting presentation 3. Talk about your history with the company and what vision you have for the future 4. Show that you have a personal relationship with the company 5. Talk about how you plan on creating more value for the company

Always come prepared with stats that backup why you are worth what you asking. Sometimes numbers don't always tell the whole story. Bring out testimonials from clients, team members, etc. You can't put a number on an A+ number. They do more than just increase revenue and their fingerprints are all over the companies success.

Diplomacy is a high level rare skill that many claim but only a few get. Here are some key points regarding the same: 1. Listen more 2. Try to understand what your boss wants 3. Don't lay out all your demands at once. 4. Build a flow of negotiation and express a demand only when you believe the time is right 5. Don't be pushy 6. Be respectful 7. Don't be scared to walk away 8. Find your leverage

Above all else, you cannot go into a negotiation with bad intentions or bad blood. You have to go in calm and ready to be brought down a little. You can't take anything in negotiations personally. It's part of the process and you have to take it on the chin and showcase facts on why their points are wrong or moot.

At times a salary raise may not be an option. Maybe your company is not financially well or your boss is just not convinced. You can still negotiate for other options such as lesser work hours, more paid leaves, additional vacation time, etc These things won't reflect in your bank account but will add to your life in many other ways that you'll be thankful for.

Develop a career development plan outlining your future goals, skills development initiatives, and contributions you plan to make to the company's long-term success. Emphasize your commitment to continuous learning, professional growth, additional responsibilities. Example-Present a roadmap detailing how you intend to expand your skill set, take on leadership roles, or contribute to strategic initiatives that drive business growth. Highlight any training programs, mentorships, or professional development opportunities you've identified to support your career advancement goals. By demonstrating your potential for future growth and impact, you position yourself as a valuable asset worth investing in for the company's continued success.