Think you deserve a bigger paycheck? Want to ask for a raise but not sure you’ll get one? Plenty of employees are finding themselves in this predicament, because many recession-wary companies that stopped handing out raises during the economic downturn are still hesitant to open their wallets today. Asking for a salary increase can be a nerve-wracking task, so here are three tips to making the ask go smoothly, and increasing your chances of getting the raise:
1. Choose the right time. It's best to ask when your status is high. Consider asking soon after your team posts good results or at the end of a successful project. Avoid making the request when your boss is preoccupied with other issues.
2. Have a plan. Know what number you want, make sure it is realistic, and build a case to support it. Use facts about comparable roles and evidence of recent successes.
3. Be clear and positive. Stay focused on the positive of what you have accomplished. Avoid bringing up other issues during the meeting. Be clear about what you want without issuing an ultimatum.
The above leadership tip...
was sent in response to a question from a participant on our acclaimed 10/10 leadership development and mentoring programme. Whether you're a first time manager or an experienced leader, straightforward, practical advice on best practice is hard to find. Until now. To find out how you, your team or your organisation can benefit, please contact us.