When is the right time to ask for a raise?

Even for the most confident employees, it can be difficult to muster the courage to express your desire for a raise to your boss.

The problem is, it's not that they think they don't deserve a raise, but the boss's answer is extremely unpredictable. According to experts, employees who intend to ask for a raise are worried that they will be judged by their boss as too conceited and will receive a "no" answer from the boss, and from there the Their career will be in trouble.

However, if you've carefully considered your role in the company, as well as other factors, your offer for a raise will most likely be approved by your boss. Here are the factors that you should consider to determine if it's time to talk to your boss about your desire for a raise:

  1. Your boss is "on cloud 9"

When asking for a raise, it's important how your boss feels at the time. If your new boss has achieved some success and is in a good mood, your offer will be more open to him. In other words, if your boss is dealing with a series of difficult professional and personal life problems, then it may not be the time to give him a new preoccupation with a raise. wage.

  1. There is an ongoing salary increase in your field

Experts note, there are areas of activity where businesses pay more attention to the contributions of individuals, such as technology companies. Meanwhile, in other industries, such as hotels or retail, it will be more difficult to ask for a raise because of unstable personnel. Besides, if there is an ongoing salary increase in your field, your offer for a raise has a better chance of being accepted by your boss.

  1. The company is doing well

Good bosses often see a company's success as an opportunity to share that achievement with good, high-contributor employees. If you know your company is profitable, don't be afraid to ask for a raise at an industry standard. Conversely, if the company loses money, you may become "unlucky" if you ask for a raise.

  1. Your department is growing rapidly

Maybe not all parts of the company are making positive profits, but if your unit can do this, it is also a very good opportunity to ask for a raise. When you go to your boss, talk about your contributions to the most effective department in the company, thereby making an offer to ask for a raise.

  1. There are other, more attractive job offers available to you

Impressed by your ability to work, other companies are offering you a job with a higher salary. The external job market is setting a new salary benchmark that is more in line with your qualifications and forcing your company to "have a different view of you". Managers now have to ask: What will happen if you move? Will you be able to find a replacement? How much time does it take to train an employee like you?

  1. How long have you been working and how have you contributed?

Some companies may have a fixed schedule for performance reviews to determine which employees deserve a raise, and yours may not. Research company policies and talk to former employees to ask if working time is a determining factor in getting a raise. What remains is how you are perceived by the company and what value you add to the work you undertake.

  1. Do you have special skills to solve a particular problem?

Take advantage of this "special" of yours in the matter of salary increase. The company will not want to lose employees with special skills like you.

  1. Many people around you get a raise

Recent conversations with friends and colleagues have helped you discover that many of them have received a raise and you have not. If you have the same skills and contributions they have, then it's time to "remind" your boss of your true worth.

What if you get a "no" answer from your boss?

Your boss may tell you he's not as impressed with the quality of your work as you thought and reject your offer of a raise. However, this talk should not be seen as a failure. According to experts, in this situation, you should ask your boss what you can do to get a raise. Maintain a professional, polite attitude throughout the conversation, because otherwise, you will be judged by your boss as an arrogant, conceited employee.

 

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