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Tips for asking for a pay rise

tips for asking for a pay rise
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The recession officially ended last year, many people across the UK are still waiting to see that reflected in their wage packet. Asking for a pay rise can be pretty daunting. But, if you believe you’re worth more than the salary you’re getting, you believe the company has the funds to provide it, then there’s no harm in asking. After all, if you don’t ask you don’t get!

Do your research

Scan jobs websites to find the going rate for similar roles in your area. If possible, chat with people in the same job at different companies and find out what they’re earning. This will give you a ballpark figure to start from. Don’t forget to factor in qualifications and experience. Go in with a clear idea of how much you’re looking for, be prepared to negotiate.

Bide your time

You may have psyched yourself up to ask for a pay rise today, if you get to work and your boss is in a foul mood or there’s talk of low profit margins, it might be best to bide your time. Make sure you ask for a meeting when there are no important deadlines coming up, ideally when you’ve just finished a successful project.

Ask for a performance review meeting

Rather than coming right out with your request for more money, ask your employer or manager for a meeting to discuss your performance. Start by making positive statements about your job and the company you work for, move onto areas where you’d like to gain more experience or feel more challenged in your work. Offer ideas of what the company could be doing to maximise profits and standing. Only then should you approach the subject of pay. No employer is going to give you a pay rise unless they think you’re worth it, show them exactly why they should offer you more money.

Be open to ideas

Cash is only one way in which hard work can be rewarded. If your company simply can’t afford to give you a pay rise, you may be cutting off your nose to spite your face if you don’t consider other options. Enhanced bonus packages, increased pension payments, health insurance or shares in the company are all incentives that might leave you better off financially. Alternatively, you may be open to the idea of working fewer hours for the same salary.

tips for asking for a pay rise

Don’t get personal

Your employer doesn’t care if you need the extra cash to move house or buy a new car. All she will be concerned with is your productivity and the value you bring to the company. Getting into a heated argument or bursting out in tears won’t do anything to win over your boss.

Be gracious

If your request is refused then ask for feedback on what you could improve on, also how your manager sees your career progressing. If the answer is negative due to a lack of funds, ask when your manager sees the situation changing, request another meeting in six months to a year’s time. Announcing your resignation or going off in a sulk will only make your employer question your commitment to the company, this could reinforce the decision not to give you the rise you wanted. By showing loyalty and a willingness to work hard, you’ll be giving your employer every reason to offer a pay rise in the future.

 

 

 

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About Maria Brett

About Maria Brett

Maria is a freelance writer with over 10 years' experience producing content for a variety of publications and websites. When not working or looking after her two gorgeous sons, she can usually be found playing flugelhorn in a brass band, helping out at her local hospital radio station, shouting at the television while watching Formula 1, at the cinema or plonked on the couch with a cold glass of wine.

Website: Maria Brett

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