Time for a Pay Rise?

As a recruiter, one of the most common questions I get asked is how to go about asking for a pay rise. It's understandable - we all want to be fairly compensated for the work we do. However, asking for a pay rise can be an uncomfortable conversation, and many people are unsure of how to approach it. In this blog post, I'll be sharing my top tips for asking for a pay rise, based on my experience working with both employers and employees. From doing your research to timing the conversation right, these tips will help you navigate the process with confidence and increase your chances of getting the raise you deserve.

1. Do your research: Research the industry average salary for your position and compare it with your current salary. This will help you understand if you're being paid fairly and give you leverage when negotiating for a pay raise.
2. Show your worth: Highlight your accomplishments and contributions to the company. Show how you have added value to the company and how you have gone above and beyond your job responsibilities.
3. Timing is key: Timing is crucial when asking for a pay raise. Choose a time when your manager is not busy or stressed, and when the company is doing well financially.
4. Be confident and assertive: Approach the conversation with confidence and assertiveness. Make sure you know your worth and are able to articulate your reasons for deserving a pay raise.
5. Be prepared to compromise: Be willing to negotiate and compromise if necessary. You may not get the exact amount you are asking for, but you may be able to negotiate other benefits such as more flexible working hours or additional paid time off.

If you've followed all the steps and you're still unable to secure a pay rise, it may be time to consider other options. Remember, there are many factors that can affect an employer's ability to give you a raise, and it may not always be a reflection of your performance. If you feel undervalued and underpaid, it's important to take action and explore other opportunities. Don't be afraid to start looking for a new role that offers better pay and benefits. Sometimes, a change of environment can be just what you need to take your career to the next level. Whatever you decide to do, remember to stay positive and stay focused on your goals.

For a confidential discussion, please do not hesitate to contact me directly on 01382 787090 or drop me a DM.

Martin Crines is an experienced national Accountancy & Finance recruiter with a over 15 years' time spent hiring in the Scottish marketplace. Martin is a Director at Jenson Fisher who specialise in Accountancy & Finance, Financial Services and Office Support hires.