Who does not want to get a salary increase?
Everyone thinks they deserve a raise in one way or another, but no one dares go to the trouble of asking for a raise and confronting their bosses about this delicate matter.
It is really sensitive and confusing because asking for more money is a difficult task even if you are a veteran of your job, because you are simply asking your boss if he thinks you are worth investing more in you.
Of course, no one wants to deal with feelings of rejection if the answer is no.
The bonus depends on timing and your self-esteem
There are those who deserve a raise and don't achieve it, just because they shy away from the idea or feel intimidated by confrontation.
And psychotherapist Andrew Snyder explains - according to the "Yahoo" business site - that negotiating a pay increase is largely related to the timing in which you ask for the bonus, your level of belief in yourself, and your ability to express and support your reasons in order to be accepted.
Negotiating a pay increase is very much about when you ask for the bonus (pixels)
Here are the signs that tell you it's time to ask for a raise:
You receive praise for your extra effort
If you are always praised for doing more than your responsibilities and tasks, this may translate into an opportunity where you can advance your career or be compensated for your doubled effort.
Praise is always a good threshold to start talking about the bonus, because then you will be treated as a valuable component of your organization and have bargaining power.
feel underappreciated
Are you beginning to feel that you are being paid less than your real work value?
Have all your conversations with your friends and loved ones turned to complaining about how much you give and how little you get in return?
The Ladders business website explains that you shouldn't wait until you're frustrated and want to quit, because by then it will be too late.
Resentment builds when you don't live up to your expectations or when you don't get paid for your effort. If you know you're doing a great job and you want your salary to reflect that, it's time to ask for a raise.
Your responsibilities have been increased
One of the warning signs that it's time to ask for a salary increase is when you find that additional tasks that were temporarily assigned to you become permanent without this translating into your monthly salary.
Therefore, if your job duties have evolved to include additional responsibilities, it is perfectly acceptable to want your salary to match your new role and responsibilities.
If you have been recently promoted, it may be too early to ask for a salary increase (pixels).
You haven't been promoted yet
If you were recently promoted it may be too early to ask for a salary raise, but if you have never been promoted in your organization it may be a sign that you need to be more vocal about your career development and your expectations for your salary.
Professionally, it is obvious that your salary will develop as your performance at work and your skills increase, so the employee should ask and request information and be clear about what he should expect from his work and what he should provide.
There is a noticeable success for your company
Of course, you should take a close look at your company's financial situation before asking for a salary raise.
According to the business website Salary, if things are good and revenues or returns have increased according to the nature of your job and goals are achieved in all areas, be sure to request the bonus before it is too late, because then you will be in a much better position to get what you want.
If the company is laying off employees or losing money and losing customers, then asking for a salary increase would be an incorrect move.
Do you have other job offers?
Fear of losing valuable employees to other companies is the biggest reason companies agree to raises, so if you feel like you're being underpaid and that you can actually get a more lucrative position elsewhere this is a valuable card to play, but be sure not to be ostentatious or reckless. about it.
Highlight your performance and advantages, let the numbers speak for themselves, and simply tell them that you received another offer for more money.
But to play this card you have to be ready to actually leave in case of rejection, because if you are not ready to quit or if you lie, you will create a toxic environment with your managers and colleagues.
You don't have to wait until you feel frustrated and want to leave or quit to ask for a salary increase (pixels).
How to ask for a salary increase wisely?
The process of requesting an increase in your salary depends on many important factors, the most important of which are the following, according to Indeed.
Choose the right time to request:
It is common for you to want a salary increase, but as we mentioned, choose an appropriate time such as the time of the annual evaluation or the company’s success period, estimate the salary you expect, and at this stage you may ask yourself how much the increase should be requested.
And because every job has a market value, find the common market salary rate for your job title.
Make an appointment in advance:
Do not ask for the bonus without making an appointment with your manager in advance, and of course the best place is a room with a closed door, and you should avoid asking for the bonus via email.
Prepare what you will say:
Before the meeting you should prepare and rehearse what you will say to your boss to get a bonus.
Be prepared for questions:
Prepare to provide evidence that you deserve a raise, such as details of your recent accomplishments or the expected salary for your job in the market.