How To Ask For A Pay Rise!
Negotiating a pay rise is not something many people do on a regular basis. By applying these keys you will be well positioned to improve your negotiation skills and feel more empowered when asking for a pay rise. 1. Know the outcome you want.
Do you want a win-win outcome where both you and your boss benefit? Or a win-lose outcome where your boss is not happy with the result? It is important you know what type of outcome you want because that will affect the long term relationship you have with the other party. Win-win outcomes are beneficial where you have an ongoing relationship. For example, when you negotiate a pay rise, you don't want your boss to feel he/she is the 'loser'. However, if you are buying a car from a car lot, you may not be so concerned about whether the car salesperson feels as though they 'won' in the negotiation! 2. Know your 'position'.
How important is this job to you? How much do you need it? Could you walk away from the job? What alternatives do you have? What is your "bottom line" and what (if anything) are you prepared to concede? You should not start negotiating a pay rise until you have thought through and considered all of the consequences for all of the different outcomes that may eventuate. Warning: never say something you are not prepared to carry through. Generally, employers do not respond well to threats, so do not say you will leave the job unless you fully intend to?.they just may take you up on the offer! 3. Work out different scenarios ahead of time.
Being caught by surprise will NOT strengthen your request! Think through all the different possibilities, which may eventuate and plan for each and every one of them. It is useful to brainstorm and write down on a piece of paper what could possibly happen. For example, if your boss said, "XYZ" - I would respond with, "ABC". This way you can be prepared for just about anything that may happen. 4. Know yourself.
Know your own weaknesses. If you are a gentle personality your natural aversion to conflict may toss you into concessions that aren't necessary! If this is you, learn about yourself and take counter action. If you are overly stubborn and never give way to minor points, know this about yourself. Your stubbornness, holding out for 100% your own way, may cause you to lose a really great offer from your boss! 5. Back up your position with logic.
If you negotiate from a purely emotional position, emotion will sway you from your position. Fear of loss, sense of failure, conflict, pressure, sentiment! All can be applied to sway you from sticking to what you really want. When negotiating for a pay rise, know what similar companies are paying for similar work. Be absolutely thorough in your research. Sentiment and comparisons with other colleagues (unless backed by evidence of your superior performance) will hold little weight. Most companies concede to market pressures on salaries so the more data you have on like jobs in other companies in the same industry that support your position, the greater your chances of success. If you need help in finding comparable salary information, you can start by browsing the internet for major recruitment firms. Many of these firms will provide online salary information. 6. Work out what you can concede.
Occasionally you may know of something that for you, will not be important but for your boss may be of significance. For example, you may volunteer for an unpopular project you boss is having trouble finding people to undertake. This will be like gold to you! This is a 'sweetener' that can be what clinches the discussion in your favour. You will need to be poker faced and pretend this is a big deal to concede?with still remaining gracious! Save this item for the final offer you make. 7. Be prepared.
After you have completed your research, rehearse in your mind how you will open the discussion and be clear about your major points. The way you put forward your case, with logic and without sentiment will need to be prepared ahead of time. You may find it beneficial to write our your opening on paper to ensure you have it clear within one or two sentences. If you cannot be clear, on paper in private?.it is likely you won't be clear when you start to speak! Preparation is important so make sure you leave yourself adequate time. Good Luck! (c) Kim Beardsmore Kim is a busy HR Manager, mother to teenage family and homemaker. She has found balance by replacing her corporate income with a home business. If you are interested in earning $500-$5,000 per month around your schedule, visit: http://free2liv.com/?refid=pyrse-567887561
|
|
|
|
RELATED ARTICLES
Your Cover Letter MUST Ask This Question
Imagine receiving a letter from a salesman who wants to sell you an exciting new widget. The letter focuses on all the reasons why this is such a great item. But nowhere does the man ASK for the purchase! You are not as likely to buy it.
Should You Seek Temporary Or Contractual Employment While Searching?
According to US Department of Labor statistics, the average time to find employment is roughly six months. It could take as little as four to six weeks, or as long as ten to twelve months, or longer. Several factors determine your time to placement:
Rethink Your Career Transition
Are you going nowhere in your career? If you've decided it's time to change your career completely, here's a new way of changing!
The Pros and Cons of Telecommuting - As Seen Through The Eyes of a Seasoned Telecommuter
Janelle Delacorte has been happily answering calls for the Home Shopping Network and various infomercials since November 2004.
My Landscaping Business is Better Than Your Lanscaping Business...
Yesterday I was having a discussion with Mary who I know from a mother's group that I attend with my daughter Sammi. Through previous conversations I have determined that this woman is very talented in the areas of landscaping and interior design.
So You want to be a Bodyguard?
Then let me start by helping out. The politically correct phrase these days is not "bodyguard" but personal protection specialist, executive protection specialist or close protection operative, depending on your place of training and other preferences.
Petite Modeling: is There a Career for You?
PEtite modeling is a tough industry to break into. Especially since most modeling agencies won't represent models unless they're 5 feet and 9 inches tall or taller. Have you had people tell you're cute? Do you hear all the time "you should be a model"? But you just don't qualify for the strict standards that most modeling angencies have?
Discover What You Really Want To Do
Are you doing what you really want to do or did you just fall or wander into the job you now have. As a friend of ours once said,' I am one of twenty two doctors in our family. The only ones in our family who are not doctors are the dogs and cats'. Did you decide what you wanted to do or are you one of a growing number whose work was dictated by circumstances or their parents?
Online Resume Tips and Secrets
I manage a website for corporate flight attendants that features resumes prominently listed on the first page of the site. Unlike some careers, corporate flight attendants must promote themselves overtly in order to find work especially if they are contractors. Since adding this feature two years ago, I have learned that an online copy must be arranged differently than that of a hard copy primarily for security reasons. Let's review some of the 'best practices' you need to accomplish in order to successfully and safely promote yourself online.
Resume Success Factors--What Exactly Is A Resume Anyway?
You know you're good...real good. The problem, though, is that you are struggling to demonstrate just how good you are on paper.
Common Resume Myths & Misconceptions
For the person crafting their first résumé the task can seem a little bit daunting, even a bit frightening. Human Resources [HR] specialists, résumé writing professionals, school advisors, and even friends and family members all have their say. When it comes down to it you must have a résumé you feel comfortable with especially since you will be the one to read it the most. Let's take a look at some common résumé myths and misconceptions you need to be aware of before writing your first résumé.
Online Resume Formats
There are several types of online resume formats that can be used when contacting potential employers. When you search for job openings online, some companies will have on their websites which online resume format is acceptable.
Have Some PASTA with Your Interview
When cyclists prepare for a big race, they always make sure they load up on the carbs. It is not uncommon to have a pasta feed the night before an important event so that the athletes can store up some of the carbohydrates they will be burning up the next day. The same goes for preparing for an interview. A candidate for a job, preparing for that all-important interview, needs to take in some PASTA. However, it isn't the same kind of pasta, but it is something that will energize, fortify and maximize a person's chances in having a successful interview.
Whiners Need Not Apply
Sometime last summer I decided to host a pity party and invite all my friends. Well, not all my friends, exactly. Only those whose livelihoods might have, like mine, been suffering from the downward slide of the economy. To make the guest list, invitees would have to possess the ability to grumble, gripe, groan, fuss, snarl, scream, fret, rant and complain -- preferably all at the same time. I wanted world-class whiners at my party. Optimists need not apply.
Get a Life Why Dont Ya?!
It's okay to take your job seriously, to be a stickler for professionalism, and sure it's wonderful to take your responsibilities seriously. However, you have to be a bit careful when you allow your job to become your LIFE.
How Well Do You Manage Your Boss?
Are you in this situation? You and your boss just don't seem to connect and work well together. It isn't that you are having knock down fights. It's just that you know things could be better. You don't want to look for another job so you have to figure out how to make it work. Basically it's your responsibility to manage your boss. Here are tips that can get you on the right track.
Think Twice Before You Change Jobs
You've got the itch to change jobs. This might be a good time to make the move.
Losing A Career Can Feel Like Getting A Divorce
Most of us are aware that we need to grieve the death of a close friend, relative or favorite pet. We are beginning to learn that other events -- relocation, divorce, illness -- can also be experienced as loss.
How to Be Prepared for a Layoff
If you are concerned that your company might be planning a layoff, your best course of action is to be prepared. Employees often see warning signs that their jobs may be at risk. Such signs could include poor company performance, earlier rounds of layoffs, conflicts with their manager, increased manager intervention and involvement, and poor performance reviews. Employees see the signs, but aren't as proactive as they should be in looking out for their future. Here are steps you can take to be prepared for a layoff.
Stripper--Turned--Waitress Cant Leave Former Job Behind
She stretches in the break room for 30 minutes before each shift. She glides around the dining room like silk wafting on the breeze. She's been known to strip off her shirt and bra to combat the heat in the kitchen.
|