Saturday, May 14, 2011

ASKING FOR A PAY RAISE

ASKING FOR A PAY RAISE

Asking for a pay raise is a tricky job but there is a time
when you can take no more and you think you deserve a raise.
You've spent the last 12 months going the extra yard for
the firm, but the boss remains aloof when it comes to
topping your pay packet. Following are a few tips that
will help you ask for a raise.

PREPARE YOUR CASE

The most important thing before you take the plunge is to
prepare your case. Rushing into your boss's office asking
a raise is unlikely to get you very far. Therefore you need
to build a good case and have a clear idea of your
CONTRIBUTION and IMPORTANCE to the company.


ESTABLISH WAGE OF SOME ONE YOU KNOW

Try to establish the average wage for someone of your
experience and occupation. Always aim a little higher
than the figure you have in mind, but don't be outrageous
and be open FOR negotiation.


YOUR POSITION

Set out your position both clearly and concisely. Don't
be too rigid. Consider how you'll react if you're offered
an alternatE incentive. Are you only interested in cash
or will you be open to some other proposals like, a few
extra days holiday, over time pay, etc.



Don't be discouraged and have hard feelings if your
demand is rejected, but do ask for a decent explanation.


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