HOW TO ASK FOR A PAY RISE
Ask at a strategic time: A natural time for this conversation may be at your annual performance review, when the topic of salary is not only timely, but often expected. Meaning, no one should be caught off guard by your ask. However, keep in mind your company’s fiscal budget planning in case it doesn’t align with the time of annual reviews. Or, if your company doesn’t have an annual review period, think about having this conversation after you’ve successfully completed an important project or shown excellent work.
Be Confident: How is an employer going to feel comfortable giving you a raise if you’re unsure yourself? If you’re confident in your abilities and your ask, you’re already on the right track. Attitude is infectious, and this is the perfect time to project a sense of positivity and self-assurance.
Express gratitude: Expressing gratitude and appreciation for what you currently have at the company is a gracious and professional preface to an ask for more money. This will also help mitigate any concerns about coming across as entitled or demanding.
Express enthusiasm: Sharing excitement for your future goals, and for the future goals of the company, is a way to show you’re invested in doing your job well. A pay increase isn’t only about past performance, it’s about future expectations as well.
Be Clear: Be clear with your desire to discuss your salary. An easy way to segway to the topic is to say something like: “As I’m looking forward to working and growing with the company, I’d love to discuss my salary.” Or, if framing it as a question is more comfortable, you can say, “I’m interested in discussing my salary, is now an appropriate time?”
Be Specific: Mention your desired salary number and specifically outline how you came to this conclusion. Now’s the time to let all your prep work shine! Also, be clear about when you’d like your new desired salary to be effective, and any other details that are pertinent to your ask. If you’re still trying to nail down your specific desired salary, research salaries on Glassdoor to see what people at your company get paid.
[…] Tip: The discussion of salary is always a difficult situation. Most advice suggests that it is better to leave this piece till the end of the interview. It is a difficult decision, if you ask for more money than they can give you, you can automatically get Unlisted, if you ask very little money, it is very difficult then to get a pay rise within a reasonable time. Most candidates want to hear a certain amount in order to accept the job – if you arrive at the third interview and hear something less, you’ve wasted your time and the company. If you are in this situation, it is good to research your position early enough, giving a range of values for the desired salary you would like to receive. Otherwise, do a market survey and Keep in mind the monthly wage received by workers in the same position in other companies, as well as for the company. So, if you need to answer to a press question, “What salary would you like to receive” – your response will be within the payroll of the company to be able from there to negotiate your final salary. […]