Saturday, 29 September 2012
Do you want a rise in your salary? Let's say a 20 % increase and a big bonus. Sounds good doesn't it?
Who does not want to create more income? Before you march into your boss's office demanding an increase in pay you need to first have a step back and create a game plan to approaching your manager. There's a right way along with a wrong way to request more income and when approached correctly you give yourself the best opportunity of receiving your pay rise. When done incorrectly you are able to greatly diminish your personal reputation.
Rule 1: Pick your timing
Timing is crucial and it is essential that you select the exact proper time to talk with your boss about receiving a pay rise. Let your boss realize that you intend to talk to her or him at any given time that is convenient for them.
Rule 2: Preparation
When asking for more money it is so essential that you are adequately prepared and know precisely what you would like to express. You need to be able to provide examples of the reason why you deserve more income and just how you have provided value towards the business. Remember that's not to provide you with money simply because you are feeling that you simply deserve it. Just like a lawyer presents the case towards the jury, it is as necessary to present your case for your boss for a pay rise.
Remember - the very best examples you can provide are supported by examples. If you helped to make or save the organization cash back this up with a good example. You're the lawyer and also you need to prove to your boss beyond any reasonable doubt that you simply deserve a pay rise.
Rule 3: Execution
By using rule 2 and being prepared with what you want to say, you also have to be in a position to execute your plan. If you are asking for more income you must have a figure in mind. By researching the other people in your field are earning is a great method to start to see how a salary increase you will request. (There are also many free websites that offer salary surveys). The worst possible thing to do isn't come with an amount in your mind that you require. You have to be direct and provide examples as to why you've chosen this amount so that your boss understands that you aren't just looking to get more money but that you actually deserve more income.
Rule 4: Confidence:
You shouldn't be scared or intimidated about requesting more income if you believe you deserve it. Have confidence in yourself and also the value that you provide the business. Prior to discussion possess a think about potential questions or possible objections you might encounter and get ready to become ready to answer these questions.