Asking for a salary increase is not always easy although there are situations that allow you to take this step, such as the time you have been working for your company or boss, the responsibilities you have been acquiring in your workplace, and your performance.
If the time has come for you to request an increase in your salary, today we will give you some tips so that you can do it more safely.
Study the market in positions similar to yours and verify that your salary is in the range
By having a clearer idea of what other companies pay for services similar to yours, you’ll be able to decide if it’s actually time to apply for your salary increase. Here you must also take into account how long you have been working for your boss or company and if you have performed prominently. This is a good thermometer that will help you measure the odds of getting the raise you’re looking for.
It is important to know the economic position in which the company in which you are working is located. In the last two years, the global economy has been impacted by the pandemic, which has had a considerable impact on the economic health of almost all companies.
If your company has remained stable, the chances may be favorable if you have made the decision to request a salary increase. At the same time, you must provide all the necessary information so that when the time comes to sit down to make your request, your superior know that you are a valuable element for the company and that you have earned this recognition.
Choose the right time when you decide to apply for your salary increase. If there is uncertainty in the company due to various factors, it may not be the right time to ask for it. Evaluate your workplace situation to make sure there’s calm and a greater chance of success in what you’re looking to achieve.
Maybe you have been offered another job that will give you economic improvements, but if you feel happy in the place where you currently work, you can talk about it openly so that your superiors do not lose a valuable element for them and you can negotiate with greater peace of mind the salary increase.
You should always consider all possible scenarios when meeting with your boss to ask for a salary increase. What would be the consequences of them saying no? Would you be willing to continue working in that place in any way? You must be very clear in your mind what your next step will be if you get a negative answer.
Applying for your salary increase may not be comfortable, so you should evaluate and be very clear about the objective arguments you will offer your boss when asking for it. Your achievements, your contributions to the company as well as it’s own. The choice of your words and the examples you present can be decisive to achieving your goal. At this point, you should be careful with your attitude; although you must be sure that what you are asking for is fair, you must do it serenely and objectively.
Be specific in what you are asking for. At the time of starting this conversation, you may not get a salary increase, but maybe you can get other types of benefits that you did not have previously: vouchers, courses, a better schedule, etc. The odds are many and you should evaluate if they are the ones that suit you.
As you have seen, requesting a salary increase is a delicate event, since it combines situations that do not only depend on you. For your part, you must choose the moment and maintain the right attitude, so that this helps your boss or the company to value your work and your request.
If you have already asked for a raise, would you share your experience with us by leaving a comment?