Subscribe to RSSPaul’s Thoughts on The Right Way to Ask for a Raise
We all know the job situation out there is pretty bleak, and I can’t disagree with the numbers. But there will be special situations when you need to consider your job role and make a case for why you should receive better compensation for your efforts. If your employer is fighting to stay alive, you may need to bide your time a bit, but if you can help your company save money in some area, that’s a good place to start. Then, you can lobby to have the company pass the of the savings to you (if the business is in a position to do so of course). Finding new customers is another avenue you can go down to make your case. If you can bring in new business that boosts sales, maybe you can see a sliver of that come back to your bottom line. Lastly, if you can show that under your leadership, your team is producing well and lifting the bottom line, you have a good case for a raise. As it is so often in life, timing is everything, so be sure to make your case at the right times. If you see an opportunity in a new job opening with the company, this is a great time to sit down with your employer and have an open discussion about your contributions. Avoid the “I am overdue for a raise”, or “I have been loyal and been here for a long time.” Your company is likely results-oriented, and the same old arguments don’t hold much water anymore. If you see the steps above are not making any headway, and you truly believe you have been overlooked, it may be time to put seeds out to find a new job. Just don’t quit the old one until you have a new position lined up and ready to go. Acting on emotion or anger very rarely pay
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Paul’s Thoughts on The Right Way to Ask for a Raise
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