If your answers to the questions below are Yeses, you are a perfect candidate for a well-deserved salary increase!
*Did the company saved money and minimized expenses because of your help?
*Did the company gain sales because of your ideas?
*Do you think your skills are not mediocre? And you leaving would impact the company?
*Do you think you bosses liked your performance and attitude?
*Were you able to be with that company long enough that the management would appreciate your loyalty to the company?
These are few questions you should ask yourself.
Get higher chances of getting a successful salary increase proposal from our tips below:
What to avoid in proposing a Salary Increase?
Everyone wants to earn more money, and one of the best ways to do that is to ask for a salary increase. However, there are some things you should never do if you want your request to be taken seriously. Here are seven things you should avoid:
- Don’t Compare Yourself to Your Coworkers
Comparing yourself to your coworkers is never a good idea when asking for a salary increase. You may think that you are doing the same job as someone else, but the reality is that everyone brings different skills and experiences to the table. Instead, focus on your own accomplishments and how you have added value to the company.
- Don’t Wait Too Long to Ask
Timing is key when it comes to asking for a salary increase. If you wait too long, your employer may assume that you are happy with your current salary. It’s best to ask after you’ve accomplished something significant or at your annual performance review.
- Don’t Demand a Raise
Demanding a raise is a surefire way to not get one. You should always approach the conversation with a positive attitude and be willing to negotiate. It’s important to remember that your employer has to justify your increase to their higher-ups, so being flexible and open to their suggestions can go a long way.
- Don’t Be Unprepared
When you ask for a salary increase, you need to be prepared to justify why you deserve it. You should have a list of your accomplishments, contributions to the company, and examples of how you’ve gone above and beyond your job description. Being unprepared can make you seem unprofessional and uncommitted to your job.
- Don’t Make it Personal
Asking for a salary increase should be a professional conversation, not a personal one. You shouldn’t bring up personal financial issues or compare your salary to your spouse’s or friend’s. Keep the conversation focused on your accomplishments and why you deserve a raise.
- Don’t Threaten to Quit
Threatening to quit if you don’t get a raise is not the way to go. It’s unprofessional and can put your job at risk. Instead, focus on the reasons why you deserve a raise and what you bring to the company. If your employer can’t offer you a raise, then you can consider other options, but don’t start with a threat.
- Don’t Be Unrealistic
Finally, it’s important to be realistic when asking for a salary increase. Research what other people in your position are earning in your area, and don’t ask for an amount that is significantly higher than that. Being unrealistic can make you seem out of touch with reality and can hurt your chances of getting a raise.
In conclusion, asking for a salary increase can be a nerve-wracking experience, but if you avoid these seven things, you’ll increase your chances of getting the raise you deserve. Remember to stay positive, be prepared, and focus on your accomplishments, and you’ll be well on your way to earning more money.
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