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Tips about asking for a raise! ![]()
A January 2, 2007 report by the Canadian Center for Policy Alternatives delivered the shocking and appalling calculation that by 9:46am on January 2, the average CEO reaches the Canadian average earnings for the year. Due to the closeness of the two economies, I imagine that American CEOs and workers would be in a similar boat. While you may not in your wildest dreams imagine having such an overblown income, do you feel it's time for a raise? Some employees are unionized, and in such cases, salaries adhere strictly to salary grids based on experience and training. As a result, there's nothing to ask for: Time will bring you more money, and undergoing further training to boost yourself higher on the grid will bring you more money. But those who aren't unionized usually have to ask for a raise, as it's the rare boss that insists that employees accept more money. For those who have to ask, here are some tips: • Don't approach your boss
until you have evaluated your worth and have facts
to back up your dollar request. So consider: Do you
go the extra mile, or are you just putting in a minimal
effort to get by? If you're just doin' time, don't
bother asking. Have examples of your good work ready
– extra responsibilities taken on, projects
completed, costs cut, strong evaluations, etc. –
and be prepared to list them. Also find out information
about typical salaries in your specialty, in your
location, for someone with your education and years
of experience. Some places to check include salary.com,
payscale.com,
job postings, professional organizations, coworkers
with loose lips (or who are willing to disclose),
and headhunters. Where you rank will give some indication
about whether you have any leverage in your request.
• Be realistic. What is
your employer's financial status? If they're having
financial problems, you probably won't be seeing
any extra money.
• Based on the above points,
develop a realistic idea of what sort of a raise
you'd like. Be flexible, and be prepared to negotiate
– request a slightly higher percentage or amount
than you hope to get (but not so much that you look
out of line), and be prepared to go lower. Also,
consider if there are other things you'd take instead
of money, e.g. an extra week of vacation.
• Timing is very important.
Don't spring your request on your boss when s/he
is leaving for the day, or is swamped, or is angry
because Junior just failed his math test. Ask in
advance for a good time to talk.
• Some employers have policies
about the process for requesting a raise. Check your
policy manual and if your employer has a policy,
follow it exactly.
• Be calm, firm, and confident,
rather than nervous, demanding, and arrogant. Don't
bring in personal circumstances. It's all about work.
Avoid giving an ultimatum, because either you will
have to follow through, or you will look wishy-washy.
Also remember that threats will poison the atmosphere
and may result in burned bridges.
• Have a plan in place
if your boss says no. Are you going to stay or are
you going to start looking for a new job or a transfer. While asking for a raise is usually a nerve-wracking experience, really, there are only three things that could happen:
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