You work, you work, and you work…
While your paycheck shows up like clockwork on paydays, after a while it’s common to become frustrated because you feel you should get a pay raise, and yet you don’t. If that sounds like you, you’re not alone. The good news is we’ll show you how to get a pay raise.
Getting a Raise during Economic Troubles
Getting a raise during good time might be a little tough, but getting a raise during an economic downturn can be next to impossible unless you possess the right skills.
If you were thinking you should just not bother, you’d be wrong. Unless your employer is about to shut its doors you should go ahead and ask.
Show Your Employer why YOU are Valuable
Companies invest in their good employees because they value them.
What you need to do is show your employer why you are an asset to the company. The last thing a company wants is to lose their best employees during economic troubles, because it’s likely those employees are playing an integral role in the company’s current health. By showing your employer what you do for their business, you are much more likely to get your raise when you ask.
Show Your Employer the Big Picture
Before you approach your employer for a raise, take some time to research and get the big picture.
You must know by heart the reasons you deserve a raise in your salary package.
Find out what others in your position are earning, before you make an appointment with your employer to ask for your raise. Not only will you be ready to show them what you do for the business, you’ll be ready to show them what your equals in the industry are making.
Read further: How to Ask for a Raise at Work: How to Request a Raise
How to Find Out What Others are Earning
According to Forbes.com if you want to find out what others earn you can talk to a recruiter from your industry or use sites such as PayScale.com who collect data on salaries.
There are many other sites such as Salary.com, Glassdoor.com, or Jobnob.com
Meeting With Your Employer
It’s time to make that appointment to speak with your employer.
After all, if you don’t ask you’ll certainly not get the raise. Set up a time that’s convenient for both of you. Don’t go into the meeting expecting to get a firm “no,” but nevertheless you do have to be prepared for it.
It May be all in the Words
Whatever you do don’t open the conversation by telling your employer he/she underpays you.
That could get their ire up and when they feel insulted you are far more likely to get a “no” for an answer. Instead start by telling them something important about what you’ve done for the company in the last year and move into talking about why you are valuable.
What You are Worth
From there you can move onto telling your employer what others in your industry are making and what the fair market value of your job is.
Your employer is going to either say yes or no. If it’s a yes then you’ll want to thank him/her properly. If it’s a no, then ask your employer to consider non-salary benefits such as health insurance, or training. The majority of employers will agree to a raise when asked in a manner that justifies it.
“Because I have work to care about, it is possible that I may be less difficult to get along with than other women when the double chins start to form.”