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How to increase your chances of getting a pay rise

How to get a pay rise

Asking for a pay rise is never a fun conversation to have with your boss, but it has to be done if you want to receive the right compensation for what you do. The worst that can come of it is a โ€œnoโ€ from your employer, so thereโ€™s nothing to lose. Hereโ€™s a bit of advice from Glassdoor to increase your chances of success.

Research the going rate
Glassdoor provides a really handy salary search function so you can find out the average salary of other people at your company or with your job title. That way you can get a better idea of an appropriate figure.

Think about timing
An annual performance review is obviously the best time to bring up the topic of a pay rise. If you donโ€™t have one or youโ€™ve taken on more responsibility without a salary increase, keep your companyโ€™s budget planning in mind. Asking them to pay you more in the middle of a fiscal year or when budgets are shrinking is a bad idea.

Be specific
If youโ€™ve done your research as mentioned above, you can come up with a specific figure to bring to the table. Itโ€™s never good form to ask for a pay rise and then not suggest a specific amount. Be sure to let them know how you came to that conclusion.

Be clear and confident
Always make it abundantly clear to your boss that you want to discuss your salary. When the time comes, confidently demonstrate that youโ€™re worthy of a pay rise by listing your recent successes.

Keep it positive
Express your gratitude for your current salary and the opportunities your role has afforded you so you donโ€™t come across as demanding. Then keep the conversation positive by letting your boss know your future goals and how excited you are to continue with the company.

If all else fails and the answer is still no, consider negotiating better benefits with the company, such as extra holiday time or the ability to work from home on occasion.

Read the original article at bit.ly/2eKpu51