| Many people ask for a raise without having done their | | | | Be Realistic- No matter how good you are, or how |
| homework. Asking for a raise is more of an art, where | | | | underpaid you are at the moment, you should never |
| you have to show your skills, your value to the | | | | ask for a very large increase. The reason for this |
| company and have good negotiating power. | | | | stems from the fact that employers look at raise as a |
| Timing is a very important factor when asking for a | | | | percentage increase in your salary, and there are limits. |
| raise. There's no point in asking for a raise when the | | | | Asking for too high a figure compared with your |
| company is in financial trouble and trying to cut costs. | | | | current salary is not realistic. It is better to consider |
| Another important factor to be considered is that the | | | | several small increases. If you feel that you are way |
| raise should be in line with what you deserve, coupled | | | | underpaid, perhaps you should consider looking for |
| with job market conditions and company policies. | | | | another job. |
| You should understand that if you are doing a good | | | | Show what you deserve rather than what you need- |
| job, you boss is expecting you to ask for a raise at | | | | Your raised expectations should be in the line with the |
| some point. However, you will need to prove that you | | | | value that you bring to the organization, and your |
| are worthy of the raise that you are expecting. | | | | accomplishments - not on your needs. Your needs are |
| Here are few tips to follow when asking a raise. | | | | personal and things that you have to manage; they are |
| Planning- You need to plan your approach. Set up an | | | | not your employer's problem. |
| appointment with your boss to ask for a raise, as | | | | Demonstrate accomplishments, and your Contributions- |
| opposed to just walking in and announcing that you | | | | When going to the meeting, you should have proof of |
| want one. | | | | your good work, ways that you have helped save |
| Know Your Worth- Do your homework - do the | | | | company money, as well as your accomplishments. |
| necessary research to find out how much you can | | | | You can have these in a spreadsheet format that will |
| expect to get paid, depending on your position, | | | | systematically point out to your boss how valuable you |
| experience and industry. This will help you arrive at a | | | | are to the company. |
| figure to further negotiations. You can use various | | | | Asking for a raise can be daunting, but the fact is that |
| salary calculators on the internet to find out your true | | | | you may not get one unless you ask. |
| worth in the job market. | | | | |