If you’re a worker, employee performance reviews provide you a chance to talk about your achievements and areas for improvement with your manager. It is also the best time to discuss your pay rise.
These are some tips on how to ask for a pay increase.
Do the research
Have a look at similar roles advertised on job sites and your company’s performance if they’re doing well. These will help to manage your expectations.
“Make sure you research how similar jobs pay so you can set realistic expectations for yourself and your employer.” — Nicolette Maury, Managing Director of Intuit Australia
You should also ask your HR Manager about your company’s policy on pay rises.
Demonstrate your reasons
When you ask for an increase, your goal is to convince your manager that you’re worthy of a higher salary. Illustrate how you’ve delivered what’s expected of you.
Site some specific situations where you’ve helped a teammate, taken an initiative, or contributed to business results. Make sure you’ve tracked and prepared your metrics for your KPI review.
Note: List down your examples to refer to when you have the meeting with your manager.
How To Ask For A Pay-rise Click To TweetBe gracious
Avoid coming across as being overly assertive or aggressive. To draw out a positive reaction from your manager, choose your words and how much to say in your meeting. Let your manager respond once you’ve presented the reasons for your pay rise.
Ask your manager for feedback if it’s decided that you won’t receive an increase in your salary. Try to take any constructive criticism and seek advice on how you can improve your performance moving forward.
Plan B
If your manager decided against your pay rise, consider alternatives to an increase. This can take in the form of more workplace flexibility, trainings, or an extra holiday. Some employers may be willing to offer better work schedules. Take it!
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