It's an issue that many professionals have faced during their career. You've been working very hard and feel you should be getting more than what you are currently paid.
If you want to earn more money next year, you need to initiate the process and build a strong case for why you deserve a raise.
Here are five tips to get the salary you're after:
Research salary levels using tools such as the Robert Walters Salary Guide, news clippings, trade magazines or employment ads.
Always keep a record of your work - this will allow you to justify a raise based on your performance and contribution to the company.
Outline your commitment to take on new responsibilities and projects that will help meet the company’s goals and objectives.
Be realistic about what you are asking for. Your manager may want to reward you with a higher salary, yet be unable to secure this because of the way the organisation operates.
The art of negotiation requires you to keep an open mind. If your employer offers you other benefits in lieu of a salary increase, consider on what motivates you as these may be worth as much as monetary rewards.
If your employer offers you other benefits in lieu of a salary increase, consider on what motivates you as these may be worth as much as monetary rewards.
Regardless of the outcome of your negotiations, always remain professional. Be assertive rather than aggressive, and never corner your boss by demanding an immediate response.
Keep a positive attitude throughout the process and let your boss know that you appreciate the time they took to consider your request.
If you didn't get the result you wanted, be proactive in creating the right environment to negotiate a raise next time. Start collating more detail about your successes and achievements, and be sure to practice your negotiation skills. The more prepared and focused you are, the more likely you are to achieve success in future.
How to recover when thrown by an interview question
You’re in an interview and you get asked a question that you’re not quite sure how to answer. How do you recover? We’ve listed some common scenarios with solutions which might help the next time you might find yourself in this situation: 1. You get asked about a difficult time in your career or a gaRead More
How having a passion outside of work can support your professional success
If you have a passion outside of the workplace, it can help to influence your career search and support you to be successful in your new team too. Here are three reasons why having a passion is important and how you can use it to help you achieve professional success: 1. Creates culture Company cultRead More
4 tips for second interviews
Having passed your initial interview with flying colours, the second interview is more serious. Now it’s all about you, as a person. The key thing is to be well prepared, alert and ready to talk about yourself, your career and most importantly, what you could bring to the organisation. 1. Keep yourRead More
Come join our global team of creative thinkers, problem solvers and game changers. We offer accelerated career progression, a dynamic culture and expert training.