As prices spiral, wages are struggling to keep up. Asking for a pay rise can be tough. We all feel undervalued sometimes, but before you go in with all guns blazing, take the time to work out how your salary really ranks. That way, you will be cool, calm and collected in the meeting – and armed with the facts you need to make your case. Here are some tips on how to conduct a savvy negotiation:
- Don’t assess your worth by your current salary. Do your research, such as using an online salary checker to weigh your qualifications, skills and experience.
- Ask for a percentage increase rather than a flat number.
- Prepare a script to boost your confidence. Communicate why you deserve the raise.
- Don’t ask, don’t get? Forecasts may be gloomy, but labour shortages persist, so do not be put off by the prospect of an awkward conversation.
The above leadership tip...
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