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Raises and Promotions

 

 

A successful negotiation for a pay raise is never based on why you need additional money. While your employer may care about you, providing additional money to fund your chosen lifestyle is not their responsibility.

  • Be straightforward in addressing your request for a pay raise to your supervisor. Tell the supervisor you are asking for a pay raise at this time because of the accomplishments and contributions you have made, and the additional responsibilities you have taken on. Be prepared with your documentation.
     
  • Make a list of the goals you have accomplished for the company. Determine how their accomplishment has helped the company. Document costs savings, productivity improvement, superior staff development, important projects achieved, above-the-call customer service, and ways in which you have contributed more than your job required. Documented, these accomplishments may justify a pay increase.

     
  • Make a list of any additional responsibilities you have added to your job. An increase in responsibility, more employees supervised, or special projects are often grounds for an increase, if you ask.

     
  • Set a pay increase goal, in your mind, that appears to reward the contributions and additional responsibilities you have documented.

     
  • Learn about negotiation from books, resources, networking, and friends who have successfully negotiated a pay raise.
     
  • Set up a meeting with your immediate supervisor to discuss your compensation. You will not want to ambush your supervisor. If the supervisor is unprepared to discuss an increase with you, nothing will happen at the meeting. Your boss will also want to do his research with the Human Resources staff and his own industry sources.

Do a “clout check.” How’s your clout with your employer right this minute? If you’ve just had a bad run in your performance, this probably isn’t the best time to make the pitch for a raise. But if you’re on a winning streak, or you’ve just been offered another job elsewhere, there’s no time like the present.
 

Ask yourself where you want to be. One key detail to bear in mind if you decide to use an outside job offer as a negotiating tactic: You must be willing to leave. Your employer may take the bait and try to entice you to stay – or not.
 

Know when it’s too early to ask. You almost definitely should be with a company for at least a year before bringing up  the subject of a raise. Wait until you’ve built up enough expertise, knowledge and customer relationships to be perceived as indispensable.
 

Take the initiative to learn new skills and assume added responsibilities without being asked. Such steps could distinguish you and put you in line for higher pay.
 

Help out with your performance appraisal. Bosses hate doing those, so make the process as easy as possible – especially if raises are doled out only during annual review season. Write up a memo or an e-mail message outlining your key accomplishments over the past year. Tailor what you write to fit the review form used at your company.

 

More Information

 

see these websites for salary data...

 

salary.com

payscale.com

 

see this helpful government resource...

 

Occupational Outlook Handbook

 

see this website:

http://stats.bls.gov/oco/home.htm

For hundreds of different types of jobs—such as teacher, lawyer, and nurse—the Occupational Outlook Handbook tells you:

  • the training and education needed

  • earnings

  • expected job prospects

  • what workers do on the job

  • working conditions

In addition, the Handbook gives you job search tips, links to information about the job market in each State, and more.

 

 



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