Looking for a pay rise?

Negotiating a raise can be a daunting task for just about any of us.?

I have a few tips that can help you navigate your way to success.

1.?Never use another offer from a different company as leverage.?

Remember the company extended this offer to you in good faith. They believed you were interested in the company and motivated to make a career move for reasons besides money. Taking a counteroffer will likely result in burning a bridge with the company extending the offer and could also tarnish your reputation for the future.?

Secondly, coming to your Manager with an ultimatum doesn’t reflect a positive relationship or communication. If you are granted the raise, it could result in resentment from your Manager and they may start planning to replace you with another person on their own terms and timeline.?

2.?Be realistic?about the outcome

Most companies have some semblance of a pay structure. Sometimes this can be on the whim of the owner. Larger companies often have a very strict pay structure. Having an understanding of this and how this works can set you down the right path. Perhaps if you are near the top of the pay structure for your position you are really asking for a promotion to be followed with a raise. Understanding these factors can help you in setting the correct expectations for a raise or promotion.?

3.?Don’t ask for silly money?

Just because we are in a candidate short market, it doesn’t mean you can be unrealistic. Proposing a reasonable increase in salary and/or responsibilities will set you towards the path of successful negotiation rather that have your Manager annoyed by your request.?

4.?Justify your worth

Perhaps the most important part in negotiating a promotion or a raise is justification. Being able to quantify how you have made money, saved money, and solved problems is one of the most effective tools in justifying such a request. Have this information prepared and ready to be discussed. Try to be specific and to the point. Quantify your accomplishments even if they are estimates.?

Don’t base your request on the compensation of others in the company.?

5.?Stand out from your peers?

Share things that you have done outside of normal exceptions to help the organisation or most importantly that sets you apart from your peers. After all why wouldn’t they consider giving you a raise if there are distinguishing factors that set you apart from your peers.

Book a free career consultation with me

Please visit our website at www.carejobz.com or reach out to us for more professional advice on your healthcare career development.?

I recruit in the aged care management space in New Zealand at Carejobz. We recruit healthcare roles across NZ, Australia and the UK.

[email protected]

www.carejobz.com?