If you take time at work and feel valued, you have raised the possibility of asking for a raise. Life is becoming more expensive, and little is left to give you some notion with fixed expenses. Money is one of the great sources of motivation at work, so something else would not come to you at the end of the month.
This article gives you some tips to ask for a salary increase at work and not to fail in the attempt.
How to ask for a salary increase
If you have considered the possibility of asking for a salary increase, there are a series of situations that are favorable to do so and others that are not. For example, it is not a good idea to propose to your boss that you modify the payroll for the better when the company is going through a bad stage and is cutting staff to avoid expenses.
So, when is it better to ask for an economic improvement? To know the answer to this question, pay attention to the following points:
Find out the average salary of your job
You can omit this point if you already know what you earn in your sector and specifically in your job. However, if you are not sure, you can do some searching to see if you’re making less than you should.
If you ask your co-workers directly, they may not tell you so, so you can use the internet and find out the average salary for the work you do. Each situation is different, so after knowing these data, you should value how valuable you are within the company, your studies, the years you have been in the company, etc., and make a global assessment of what you perceive.
It is necessary that you also find out how the company is doing. Suppose you are having a good time or not. If your company has good economic health and the sector in which it operates is at a good time, you have a better chance of achieving a salary increase. Now, to win over your boss, you must present facts and proof to see that the money he invests in you is profitable.
Choose the right time
You should be cautious when asking for a salary increase because you should avoid it in cases where the organization is going through an economic hurry or there is uncertainty in the sector. It may also be essential to know if there are other company members whose salary has been increased. After investigating, if conditions are favorable, go ahead. Maybe this is the time to earn a monetary incentive.
Do you have a better offer?
Undoubtedly, the best strategy to get a salary increase is if your superior values you and the other companies in the sector. You may be fortunate that other companies have been interested in your services and want you to work with them. If you have already interviewed another company and want to hire you and would not mind leaving where you are now, you can tell your boss the situation and renegotiate the contract you have in your job. Maybe you can get an extra.
Decide what you will do if it goes wrong
Before entering your superior’s office to ask for an increase, think carefully about what you will do if your answer is negative. If you do what is explained in the previous point, you must be clear that not only must you have in mind another company to blackmail, but also you must be clear that you will leave the company if you do not increase your salary. If you say they have offered you another position that is not valid, the play can go wrong.
Ask for an interview with your superior
Asking for a raise should be something well thought out and planned. It is not a question of entering directly into the boss’s office and presenting the situation as it is. It would be best not to ask your ideas when you meet him in the hall. Please make an appointment with him and plan well what you are going to tell him.
Use the appropriate words
Asking for a pay raise can be a somewhat uncomfortable situation and, therefore, it is crucial to state the situation. Ideally, not only explain what you bring but also highlight the achievements of the company. For example: “I realize that the company’s economic situation is improving. Our department has been working hard, and my last performance evaluations have been exceptional. I wonder if a five percent increase of my salary would be possible?”
Take care of the attitude
It is okay to use the appropriate words, but it is also essential to consider how you say them. You must stay calm and be as objective as possible. Your speech should be only facts and evidence. If you ask for a salary increase, justify it, and show that you deserve it.
Go to the point
If you ask for an agent, it’s because you think you deserve it, so be clear about what you are requesting. If you believe that you have made sufficient merit to receive a certain amount, expose it. Now, be realistic. If your boss argues that the economy is not there to make more expenses, maybe you can get other benefits: improvement training, a better schedule, or an internal promotion.
According to an authentic site called “Pay someone to write my coursework online UK, “asking for a raise can be a delicate situation, so you should be very clear about how you do it. Therefore, you should assess if you charge below the average concerning your sector and work position and if the company can afford to increase the monthly remuneration because it has a healthy economy.
If you think that you can increase your payroll, choose the right time, be very clear about what you ask, and explain why they should pay you more. Do not forget that, if the economic situation does not allow it, you can get other benefits such as a better schedule.About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.