5 Ways To Get A PAY RISE In Sales

There are a lot of sales people who work in sales for one simple reason….money.

It’s one of the few professions out there where you can literally control how much you earn. The harder you work, the more you can earn.

Now don’t get me wrong, there are plenty of sales people who don’t work for money directly, but I’m sure what they do work for (car, house, holiday, watch, shoes) will all require money!

Now normally when sales people ask for money from their managers this happens……

Today we're hoping to change that!

Before we go into the 5 ways we've found to gain pay rises here are some important points to remember if you want to negotiate a better package:

• It’s difficult to negotiate a pay rise if you’re not hitting target!
• It might take time for your manager to think it through
• Don’t make it an emotional request but a business/logical one
• If you get a “no”, go back, learn and try again later

Ultimately it’s just like getting a sale. You’ve got to find the decision maker, find the pain, present the solution and close the sale! Do it right and this sale might just make you a nice pay rise.

Here are the 5 ways we have identified that will help you get a pay rise in sales:

1) Check Your Competitors

It’s worth looking at what other companies similar to you and your current competitors are paying their sales people.

Don’t get sucked in with “The grass being greener” as it may not always be as great as they make out! However it’s good to know what the average pay is for your current role locally and within that industry.

If you’re being paid below that standard you have a good case to present to your manager about earning the local/industry average.

2) Present A Business Case

Chances are to get a pay rise signed off it may need to go higher than your manager so presenting it like a business case could really help.

This means drilling down into the numbers and logic as to not only why you deserve a pay rise but why that pay rise will benefit them. This could be by motivating you to sell more or allowing you to reinvest some of that increase into your professional development.

3) Wear Their Shoes

Put yourself in their shoes. They are leading a team and ultimately judged on the performance of that team along with the cost of it.

If someone asked you for a pay rise, what would you need or want to justify it? When you present them a case to get a pay rise you need to think about the questions they’re likely to ask you. For example, why should I give you a pay rise? How will it benefit me or the company? What have you done to earn a pay rise?

4) Work Hard First, Then Ask

Show your commitment to what you’re asking for by showing them your commitment and dedication. It will be hard to ask for a pay rise if there are people working harder than you in the office or people delivering more than you.

In the same way in sales you’ll offer value first before asking for the sale you’ll want to offer value to your manager before asking for more money.

5) Be Prepared For Negotiation

There is a big chance that your manager will try and negotiate with you so be prepared to negotiate a good deal. Make sure what you propose to them has room for negotiation should it go that way.

You then want to have some back up options that you would be happy to settle with. Make sure you’re realistic about this though and make sure that all options are packages that will motivate you.

So there it is, 5 ways to get a pay rise!

If you've recently got a pay rise, let us know how you did it in the comments.

Do it right and you could end up earning more money. You never know you may end up getting your entire team a pay rise in the process…..

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