When it comes to awkward conversations, asking for a ‘pay rise’ often hits the top spot. It is a conversation that we all dread for fear of looking greedy, not to mention the insecurities as to how much we feel we are actually worth. Based on that, many find that to overcome the situation, they avoid the question altogether.
Why are we frightened to ask for more money?
There may be a number of factors making us reluctant to ask for more money. The economic situation over the last few years has meant that redundancy has become a far more frequently used word. Whilst in many cases we should feel grateful to still be in employment, that doesn’t mean that we should work for well below our worth.
So if you do feel that you are worth more than what your current salary offers, it’s certainly not unacceptable to ask the question.
Preparation and process
However, how you go about asking can be the difference between getting what you want or not. Here we take a look at five points that will go a long way to getting a positive result.
Know your value
Understanding this has to be the starting point, because unless you know your value, you really shouldn’t be asking for a rise. So ask yourself the question; what have I done in addition to what I was hired to do to deserve a pay rise? It is then important to collate the correct data and documentation of your achievements to present to your boss.
Ask with confidence
If you are at the point where you are ready to speak to your boss about a pay rise, then you clearly must believe in your own worth, so be sure that this attitude comes across when asking for your rise. Therefore, don’t ask in an apologetic manner, because lets be honest, if you don’t act as though you deserve it, your boss certainly won’t think so.
If shyness does overcome you, try to boost your confidence by seeing the situation less about money and more about valuing your worth.
Leave emotion at home
Never ask for a pay rise based on personal reasons such as, ‘I’m broke’, or ‘I need a new car’. Your company is not a registered charity, and even if it is, it is unlikely that the charity is there for your benefit. Instead, show your boss reasonable examples as to why you deserve the rise and put your points across clearly.
Firm but fair
When you have come up with a salary figure, don’t back down and ask for half when you get in front of your boss for fear of being disliked. Your boss will respect you more for having a definite figure in mind with the ability to back up you request. On the flip side, don’t confuse confidence with arrogance, so be sure to get your tone right as being overly aggressive will not bode well. Also be careful about threatening resignation unless you do actually have another job to go to.
Plan your response
Hopefully your pay rise request will be accepted, however your company is not at liberty to comply with your request, therefore it is essential to plan ahead as to how you will respond to the answer whatever it may be.
If the answer is yes, then say thank you, but don’t sound overly grateful for fear of giving your boss an excuse not to give you more money next time.
If the answer is no, express your disappointment and the reasons why you feel that way in a calm and polite manner. It may now be time to refresh your CV and contact a recruitment agency, should as RE, to find a company who do realise your worth.
RE Resource Group have been helping people find the right jobs and employers find the right people, for over 10 years. With 5 specialist recruitment divisions, Onsite staffing operations and a dedicated Training company, re resource group has much to offer employers and candidates alike. Candidates are our lifeblood and if you are looking for temporary, permanent interim or contracted work we would like to hear from you, as we support a variety of employment methods.