14 Reasons to Ask for a Salary Increase
Macdonald Churchill
Business Analysis | Healthcare Marketing | Market Research | Data Analysis | Engineering
Justifying an?increase in pay might entail?a debate with your boss.?The raise must be?be equal?to your profile, position, the company that employs you and the context in which it operates.?Once you have identified all these factors, all you have to do is cross your fingers … Or negotiate, thanks to my?list of "objective" reasons.
1. The nature?of your position has?evolved
Reaching or exceeding your goals is possible.?But your everyday attitude, behavior at?the company, also plays a big?role.?Having?a team spirit, being?unifying and positive, being?motivated and?also?motivating?others score you?points.
2. You have been promoted
A change of position is accompanied by an increase in remuneration, which is even more important when moving up from an employee position to that of an executive, or from an executive to a manager.
3. You have gained seniority
Certain companies, in the public sector in particular, increase their employees with seniority (notably via a system of grades).?Your seniority can be rewarded through?seniority bonuses?or benefits.
4. You have to?travel?more
Travel for work as imposed by your job functions?can be a good reason to be get an increase.?Because you need to adapt your professional and family schedule, e.g. to have children babysat if the employee is a parent, to work extended hours (early in the morning, and late at night) .?Travel?also constitutes?a risk to?the safety of workers.
5. You unite the team
A unifying employee is a rare pearl: sets?the mood, motivates?colleagues, has?the spirit of the collective.?Like the captain of a football team, he takes over when the manager is absent, re-motivates the troops if necessary and galvanizes the team during projects.?If you are this type of employee, this personality trait should be leverages?when you request a raise.
6. You have another job offer
To find out what you are "still" worth on the market, you can respond to offers and/or solicitations in a serious manner.?Not only is the exercise good for your?professional ego, but it can also be good for your remuneration. Armed with the proposal made by another company, go see your HR?department?or your boss to renegotiate your salary upwards.?Avoid blackmail!?But if you are tempted to leave, this “other position” argument can lead to a counter-proposal.
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7. You want to align with the cost of living/inflation
The remuneration of an employee is fixed at the time of hire,?but it can change?with inflation.?The salary must be increased according to the evolution of the minimum wage.?This is reassessed each year, either in July or in December.
8. You brought in new customers
Your skills as a prospector and your ability to network puts?you in a good position to negotiate a raise.?You are a good employee, you might as well make it known and try to profit from it.
9. The company is growing
Your business is doing well and growing.?It's okay to try to get your piece of the pie.?But don't be naive-?this is not a valid argument in itself.?So remember to explain how you contributed?in the collective effort?that led to growth.
10. You have successfully completed your project (s)
Even if it is part of your goals, a successful project will give you leverage?to negotiate a raise.
11. You are paid less than your colleagues
These things happen, especially between men and women.?With comparable professional characteristics (time, position, experience, diploma),?the pay gap between men and women?is about?to 8% in Canada.?In short, if you realize that you are paid less than your colleagues, do not?let it go!?Find out why this difference exists?and do not hesitate to renegotiate your salary!
12. You replacement?could cost the company dearly
This is often the case for experienced or senior profiles, who know the company like the back of their hands!?All the knowledge accumulated is precious, and has enabled you to acquire real expertise, to know how to take a step back and make the right decisions.?With everything you manage, finding a replacement could become a laborious, time consuming, and expensive operation that the business does not need.?Even if this argument is difficult to make, you can refer to point #6?and argue for another job offer so that your employer makes you a counter-offer.
13. You must manage one or more people
Management cannot be improvised and requires certain qualities, efforts?and concessions.?Have you been given a team??It is worth a raise in salary,?because of your new responsibilities.
14. You have nothing to lose!
It's true, after all, as they say, whoever tries nothing has nothing.