Tips for successfully asking for a raise

Asking for a salary increase can be a complicated situation. In any case, nothing is lost by trying it, as long as there are bases to do it and the corresponding justifications. Here is a series of tips when requesting an increase in your income.

Previous analysis. In order to successfully agree on a salary increase, it is very important to examine the way in which it is going to be done. That is: how and why. Questions like what is my weight within the company? Or what role do I play within it? These are aspects to take into account before demanding this type of thing.

Analyzing the competition to know how much people with the same job position are paid, as well as the number of professionals with their specialty, are aspects to take into account when faced with such a difficult request.

Right moment. One of the virtues required in these situations is relevance. Formalize the interview in a favorable environment, without distractions, where you and the superior can talk calmly. Avoid at all costs the moments of rest and the meetings in the corridor.

In the event that salary reviews are coming up soon or you are undertaking a very important project, it is advisable to wait.

Don’t ask for a raise at a sensitive time, such as when your company has laid off staff or your boss is dealing with a difficult personal situation.

Get it in writing. Once the arguments have been carefully considered, it is very important to present them to the boss in writing. Here you have to mention the proposal, without going into too much detail, highlighting the points in favor, always in a reasoned way and taking into account the company’s business culture.

Exposition of arguments. Before you begin the negotiation, it’s a good idea to find out what your boss thinks of you. Questions such as what perception do you have of me? or do you rate my progress? are key.

Once we have this information, that’s when communication skills come into play. The power of conviction and the ability to react are virtues that you must exploit to the fullest. It is important to raise the issue of raising using positive arguments. You should not forget that the attitude with which you start the negotiation will determine the outcome.

Talk to your peers. Asking your co-workers how much money they make can be embarrassing, but it’s helpful if you’re interested in knowing at least what salary bracket they’re in. In this way, you can know if the company is willing to pay you a little more.

It is also important to know if your colleagues get a salary increase from time to time or after meeting some objectives or merits, which means that they could do the same with you.

You can still ask them about their experience asking for a raise, and whether or not they’ve been successful in doing so.

Be realistic. During the talk there are mistakes that should not be made, if you want to achieve the salary increase. One of them is to propose exorbitant wage increases. You have to be realistic and propose a reasonable increase or otherwise, the only thing that will be achieved is that the petition will not go ahead.

Please list all of your reasons for wanting a raise before proceeding with your request. Compensation should be commensurate with efforts and results, not because you haven’t managed your money, your rent has increased, or you’re frustrated that your co-workers don’t work as hard as you and earn the same.

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Decision

Usually your boss will not tell you what decision will be made on your request after the first meeting. In most cases, you will ask for time to discuss it with others responsible for the issue.

If the answer is no in the end, ask what you can do to be considered for a raise in the future. In the best of cases, your boss will give you the reasons for the rejection and tell you how you can improve your chances.

Conversely, if you do get the pay raise, stay professional, express gratitude to your superiors, and keep up the good work. Also, maintain good relationships with your peers and completely avoid bragging to others about your pay raise. (I)

Sources: Europa Press || Business News Daily || Business Insider