How to ask for a pay rise?
My salary is $10,000 per month. I can not run my family with this amount of money. So I decide to pay to rise my fee & I want to talk about this with my boss. I am very shy to talk about money with anyone. I searched on google about " how-to-ask-for-a-pay-rise ". After reading some articles, I wrote a script with the help of a template & memorize it. The next day, I fixed a meeting with my boss. As soon as I enter the room, I forgot everything that I memorise the previous day. The meeting takes half an hour long & He said I will talk to you later. My personal experience says that it means No. What should I do now? Should I quit my job before he fired me? or Should I wait for six months? Or Should I join another new job???
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This is the conversation between me and my friends when we talked about our future on Sunday. Did you notice any mistakes in this conversation? Yes, there are many mistakes Let's go find out what to do and what's not.???
What to do:?
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1. Know your worth?
People advise that before anything else, you should work out how your salary relates to the wider market. On different websites like indeed, Glassdoor, and Upwork you can find what is the national average payment for your job. For example, you are working as a senior manager of a commercial bank. Then find out what is the average salary for a bank manager in your cities. Talk to some people who worked in the same role but in another company and also check out what are the other benefits they got from their companies. It’s certainly a good idea to do your homework before you put in a request – it will help you know your worth and make you feel more confident in your ask. LinkedIn salary is a great way of doing this because it breaks down salaries by job title, company, and location, to ensure what you’re asking is in line with industry standards. Make sure you are skilled enough according to the pay rise that you are asking for.?
2. Do it in person (or via video call)?
Some people say that they are very shy to talk about money. Can I just email to pay a rise in my salary because I do not want to talk with my boss about this issue? The researcher says that you do not have to be shy because you worked for the company & this is your money. No matter how tempting, "don't ask for a pay rise over email" Expert people say. "I know it can be difficult to talk about money and your own worth sometimes, but I always respect someone who is prepared to talk to me face to face rather than hide behind email."?
3. Pre-warn your manager?
People do not like surprise all the time. Runing a company is very difficult. They are busy all the time to solve different kinds of problem. If you surprise them he/she might give a knee-jerk reaction and say ‘no’". Email them summarising your request and rationale, and ask for a meeting with them to discuss.?
4. Timing is everything?
Choosing the time, you talk to your boss about your salary could be key. Think about the bigger picture. For example, when do budgets for the year get laid out??
"Timing is everything", Jo agrees. "Find out when raises are granted as this will indicate the time when the most money will be in the pot, but also be opportunistic - if a peer has suddenly left your bosses may be nervous about losing someone else - it's always worth asking then."?
5. Think about your boss' schedule?
Pip also advises to "try and find a time when your boss is stress-free and not under any time pressure. People are much more amenable to requests when they're in a good mood!".?
6. Write a script?
Working environment should be friendly & positive. If you afried to talk your boss or manager then prepare a little script ahead of your chat highlighting the value that you bring to the business, how you love what you do, but feel that you're now worth more. prepare for every possible scenario your boss could use to not give you what you want. It’s important to set out your case clearly, with compelling evidence as to why this is the right moment for a pay rise, but don’t feel that you need to go in all-guns-blazing – it should be a conversation after all. If you are feeling nervous there are a couple of free LinkedIn Learning courses you could check out –?Persuading Others?and?Foundations of Communication?– to help boost your confidence.?
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7. Summarise your past successes and future plans?
While highlighting your successes is important, don't forget to look forward. Sally says: "This reminds them you are useful to them, can be relied upon and are proactive."?
8. Think about your delivery?
"You'll probably be nervous", Sinead admits, "but make sure to sit up straight, make eye contact with your boss and don't fidget. Confidence is key, so speak slowly and deliberately, and use hand gestures to reinforce your points if this is your natural style. Don't giggle nervously or allow your gaze to wander round the room or cover your mouth while speaking – these are all suggestions that you are uncomfortable or insecure about what you’re asking. She adds: "Don’t feel the need to fill in any silences or ramble, wait for a response to your questions and put the onus onto your manager to respond. The more certain you are of what you want to achieve and the more convincingly you can present your value, the better your chances of achieving the pay rise you're looking for."?
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9. Ask them if they need any more info to sell it on?
Remember that it's probably not just your boss who can give the green light. If he/she has to present a business case to people above him/her explaining the situation, then you should provide everything they need to do so. Sally does add a caveat, however, "if your boss is the sort of person who likes to give the impression that they don’t have to consult their boss on decisions, then miss this step out."?
10. Remove yourself from the situation?
Jo adds: "Think about it from your employers perspective - you might feel like you deserve a raise, but put yourself in their shoes and think why they should give you one".?
11. Practice with a friend?
To stop you getting so nervous and veering off-script, practice what you want to say with a friend or partner. "It makes it easier to say it for real", Sally says.?
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"Talking about your accomplishments can feel awkward, but being able to speak to them effectively is essential to negotiating a higher salary. This is your time to shine! Get comfortable talking about yourself by practicing with friends, family, past colleagues, or other professional connections," says Charlotte.?
12. Know what you want?
"Be ambitious with what you want but also be reasonable, because you don’t want to lack credibility by asking for too much", Jo advises. "Make sure you have established the minimum you will accept and persevere if you get a no."?
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13. Be prepared to add to your workload?
Pip explains: "If you don’t get the pay rise, a good boss will explain how you need to develop in order to become eligible for one". Not all conversations regarding salary are as simple as 'yes' or 'no'. It could be that you're just falling short of qualifying for a pay rise, so be prepared to pick up more work to demonstrate your worth.?
14. And if it's a no??
"Expect some resistance and be prepared to fight your corner, but don't overdo it", Sinead advises. "If the cash you want is not available, be prepared to ask for additional benefits such as a company car or an increased employer's contribution to your pension scheme or even an extra few days’ holiday can be an option." You could also use the opportunity to explore other avenues that you might benefit from,?such as sabbaticals.?
"You should always be open to negotiation with these types of conversations. While money may be top of mind, there are many ways you can negotiate, and it’s smart to be thinking of asks that may help you grow professionally or help you balance work with your personal life," says Charlotte.?
"Ask yourself if there are other ways you might be able to improve upon your role. Could you arrange more flexible hours, or a shorter work week? Are there on-the-job-training opportunities available to help you up-level your skills? Could you transfer to another department where you can explore a new role with different opportunities. Perhaps you could work for a different boss? You’ll never know unless you ask!"?
15. Going for a pay rise by applying for a new job??
"Don’t tell them your previous salary!", Pip advises. "It’s now illegal in certain states in the US to ask a candidate’s previous salary when they apply for a new role, and it won’t be long until the UK follows suit.?
"Companies invariably benchmark that number, so if you were underpaid in your past role, the cycle continues. If asked, politely state you’d prefer not to say, and explain the reasons behind your salary expectations."?
16. Avoid ultimatums?
While it might be tempting to tell your line manager you feel you've got no choice to quit unless you get the pay rise you want, think carefully before doing this.?
"This should really be considered as a last-resort option, as no one likes being backed into a corner and it can lead to bad blood between you and your employer. It’s much better to pre-empt this by having an open, adult conversation about your expectations and what you feel you are worth, rather than leaving it until one of you feels pushed," Charlotte says.?