Asking for a raise can be a stressful process, but there are a few tips you can follow to do it effectively and increase your chances of success. No matter how much you love your job or how dedicated you are to your company, it's natural to want to be properly paid for your work.
There are some keys you can follow to do it effectively and increase your chances of success. Below we leave some tips that will help you ask for a salary increase with your bosses.
Research the market
Before you ask for a raise, research how much people in the same position make at other companies in the same industry. This way, you can get a realistic idea of the salary you should be earning.
Make sure you have a realistic perspective on the amount of increase you are requesting. Don't ask for more than is fair or reasonable, as this may seem unrealistic and not go down well with your boss.
Prepare the conversation
It is important that you prepare well for the conversation with your boss. Make a list of your achievements and responsibilities in the company, as well as the successes and goals achieved. In this way, you can have solid arguments that support your request.
Pick the right time
Wait for the right moment to ask for a raise. If your company is going through financial difficulties, it may not be the best time to do it. Pick a time when you performed well and made significant achievements.
You should also consider making this request before an annual review, if your work usually has this type of formality. Take into account that the company's budget is usually closed before revisions, so it is better to plan it months in advance.
Show security in you
It is essential that when requesting an evaluation of this type, you project security and confidence in your professional abilities. Therefore, it is important to present your application assertively and without showing insecurities. You can put it in perspective: if a seller offered you a product without ensuring its effectiveness, would you buy it?
Be clear and concise
When talking to your boss, be clear and concise in your arguments. Do not beat around the bush or ramble. Keep the focus on your achievements and responsibilities in the company and explain why you deserve a raise.
Be flexible
If your boss isn't willing to offer you a raise, don't give up. Ask what you need to do to improve your skills and get paid more in the future. Ask him what goals you must meet to get a raise and work on them.
Also analyze the possibility of negotiating other sections of your work that may be beneficial for you, an example of this would be asking for greater flexibility in the schedule or more days of working from home.
Consider growth and development
Instead of just focusing on money, think about how you can continue to grow in your career and gain new skills and responsibilities at the company. This will not only help you justify a raise request in the future, but it will also help you advance your career in the long run.
Keep a positive attitude
Remember that the pay raise conversation is an opportunity to prove yourself to the company. Keep a positive attitude and focus on your abilities and achievements instead of your financial need.
Keep in mind that negotiation is a two-way process. Listen to your boss's perspectives and opinions, and work together to find a solution that works for both parties.
Practice your proposal
It is normal to feel nervous about asking for a salary increase. Therefore, it can be helpful to pre-practice what you want to say and how to phrase it before the day of the conversation. By rehearsing, you will feel more secure and confident when exposing your request, which will help you reduce the anxiety you may feel in this situation.
Be aware of company culture and policy
If you're a company that values loyalty and seniority, it may be best to wait until you've worked at the company for a while before asking for a raise. On the other hand, if the company values performance and productivity, you can highlight your achievements and successes to justify your raise request .
Avoid ultimatums and blame
It's natural to feel bad if our salary increase request is rejected, as it may be important to us. However, it is best to avoid using ultimatums, being aggressive, or blaming ourselves for not having sufficiently proven ourselves in this situation.
What do I do if I received a negative response to my salary increase proposal?
Receiving a negative response after requesting a salary increase can be discouraging and frustrating, but it's important to stay positive and move forward. Here are some tips for handling frustration or discouragement after a negative response:
Accept the answer and respect the decision
Acknowledge your boss's response and respect his decision, even if you disagree. Try to understand his reasons and focus on how you can improve your situation in the future.
Reflect on the conversation
Discuss what you could have done differently or better in the conversation. Learn from the experience and use this knowledge to better prepare for the next time.
Seek feedback
If your boss hasn't given you feedback on why you didn't get a raise, ask them to give you some constructive feedback on what you can do to improve your skills and get a raise at the future.
Set goals
Set goals for yourself and work on them to improve your skills and responsibilities in the company. This will not only help you justify a request for a raise in the future, but it will also help you advance your career in the long run.
Look for new opportunities
If you feel stuck in your current job, consider looking for new opportunities at the company or elsewhere. Stay positive and keep looking for new ways to advance your career.
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