Is Pay Raising Your Hopes?

Never Underestimate the Importance of Networking-Chispa MagazineEveryone wants, or requires, a pay rise at some point in their working lives. However, only just over half of people ask for a rise.

A lot of people look up how much they could earn elsewhere, like on http://www.medicalassistantedu.org/medical-assistant-salary.html, instead of asking for a rise because they’re embarrassed or too shy to ask for one.

How to get it. Organize a meeting in advance and give your boss suggestions about what the meeting is about. You could plan it to coincide when a specific project (that you were involved with), has done well. If there is nothing to promote yourself and plead your case, then perhaps it may be worth biding your time.

Do your research. Know how you are going to present what you’re asking for, and why you deserve it. Make sure you can present your achievements within the company in a clear and simple way. Keep your requirements short, and do not tire your boss with a huge inventory of your accomplishments and achievements. Where it is possible, try to provide testimonials and references from clients who have been pleased with the job you’ve done.

Think about what you are asking for and how this may come across to your boss. You should ask yourself why your boss will see you deserve a pay rise. Give facts that will be able to easily justify your request for a pay increase. Ask yourself what financial gains you have brought to the company and how the company has benefited from your work.

Find out what people in similar positions in the company or at other companies earn (you may have a friend working for a rival). Look at job ads in newspapers or on the internet.

Remember to remain as open-minded as possible. You should keep in mind that your pay is a singular aspect part of the job package. Other aspects may include an optional pension, and great benefits such as private medical cover or life insurance. You may also be receiving bonuses and financial share schemes. After your meeting, it is always viable for your boss to refuse a pay rise but, instead, may offer you an improved pension deal or an enhanced bonus package. Think carefully when or if these are offered about whether you simply want a pay rise or if you would settle for other options.

What you shouldn’t do. Don’t expect too much to come out of it. Some companies are wary about offering pay rises.

You shouldn’t beg or get confrontational. It’s not a good idea, when presenting your thoughts to your boss, that you need the money to pay off a debt or to help pay towards things if you have a baby. You will have to prove that there’s a good reason for a pay rise.

Never warn that you will leave if you don’t get a rise. That will show you aren’t committed. If your boss hasn’t said no to a pay rise but hasn’t said yes, set a date for another meeting.

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Milo Senalle

Milo Senalle

Managing Editor at Chispa Magazine
As one of the managing editors of Chispa Magazine, Milo Senalle is the go-to man for all things technology, ethical, and financial concerns. Providing laughs with his style of writing and problem-solving techniques, Milo is a voice of reason among the girly staff at Chispa. Married with children, living in Atlanta, he works 24/7 on becoming a man of courage and believes honor begins at home.

Milo Senalle

As one of the managing editors of Chispa Magazine, Milo Senalle is the go-to man for all things technology, ethical, and financial concerns. Providing laughs with his style of writing and problem-solving techniques, Milo is a voice of reason among the girly staff at Chispa. Married with children, living in Atlanta, he works 24/7 on becoming a man of courage and believes honor begins at home.