Focal Point
It is also necessary to identify your needs in terms of your raise. It is only when you know what you want that you can ask for it. If your performance and achieved targets permit, there is no harm in holding a high aspiration in terms of asking for a raise.
Moment in time
There are certain ‘don’ts’ that need to be considered while planning your move, these are:
Do not ask for a raise when no employee in the firm has been given one in the past year.
Do not ask for a raise when your performance is poor.
Do not ask for a raise when the firm is suffering in terms of profitability or financial prudence.
The timing of when you approach your boss is crucial. It is highly advisable to choose your time right. Usually appraisals are the best time to ask for a salary raise, since the bosses are set in that frame of mind. This is the time when you put your best qualities forward and can demand a raise.
Plan and present your move competently
Begin by outlining your strengths that have helped the company. The best time to ask for a pay raise is when you have helped the company in achieving high targets or important clients. Make sure you strategically present these to your boss. This in turn will help you strengthen your negotiating position in a constructive manner. Be courageous and talk to your boss. At this point, the feeling of anxiousness and nervousness should be no where around you. Make him realize your worth to the company.
State of affairs
You must attempt to foresee all the certain arguments that you boss can put forward for not giving you a raise. Do your homework to tackle these with adequate responses. For example, your line manager may argue by mentioning that the firm is in the process of downsizing the department.
Make it official
Ensure that the terms which you and your boss have agreed to are put in writing on paper, and that at the same time they are signed by appropriate company officials.
It is also necessary to identify your needs in terms of your raise. It is only when you know what you want that you can ask for it. If your performance and achieved targets permit, there is no harm in holding a high aspiration in terms of asking for a raise.
Moment in time
There are certain ‘don’ts’ that need to be considered while planning your move, these are:
Do not ask for a raise when no employee in the firm has been given one in the past year.
Do not ask for a raise when your performance is poor.
Do not ask for a raise when the firm is suffering in terms of profitability or financial prudence.
The timing of when you approach your boss is crucial. It is highly advisable to choose your time right. Usually appraisals are the best time to ask for a salary raise, since the bosses are set in that frame of mind. This is the time when you put your best qualities forward and can demand a raise.
Plan and present your move competently
Begin by outlining your strengths that have helped the company. The best time to ask for a pay raise is when you have helped the company in achieving high targets or important clients. Make sure you strategically present these to your boss. This in turn will help you strengthen your negotiating position in a constructive manner. Be courageous and talk to your boss. At this point, the feeling of anxiousness and nervousness should be no where around you. Make him realize your worth to the company.
State of affairs
You must attempt to foresee all the certain arguments that you boss can put forward for not giving you a raise. Do your homework to tackle these with adequate responses. For example, your line manager may argue by mentioning that the firm is in the process of downsizing the department.
Make it official
Ensure that the terms which you and your boss have agreed to are put in writing on paper, and that at the same time they are signed by appropriate company officials.
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