Know your worth.
Be honest to yourself and reflect on how you’ve actually been doing at work by asking yourself the following questions:
- Are you punctual?
- Do you manage to finish your tasks within the given time period?
- How do you relate with your team as well as with the management?
- How long have you been with the company?
- What have you accomplished so far?
By taking time to answer these, you’ll more or less gauge how much you’ve contributed to the workplace, as well as how much of a raise you deserve.
Research on the industry standard.
Don’t just throw random six digits out there. Research on how much your contemporaries in other institutions are actually being paid and find an amount that’s both standard and competitive. Job hunting websites are good places to see what people in your position are getting on the average.
Practice your negotiation skills.
“All interactions are negotiations,” says Conflict Resolution Specialist John Curtis. “Whenever you’re interacting – whether you’re talking to your supervisor about a raise or talking to your teenager about curfew – there are elements of negotiation. When we can develop these skills, it will help not only in negotiations but in everyday situations.”
Try practicing your negotiation skills with your daily activities. Whether it’s haggling at a local tiangge or asking for an additional scoop of ice cream at a dessert parlor, these situations can help you focus more on what you can offer the other party in order for them to give you what you need.
Time it right.
Be aware of what’s going on in your office. If things are a bit sticky and you’re managing a crisis, you may want to ask for a raise some other time. Considering your environment can help give you the upper hand once the time comes for you to broach the topic.
Once you’ve presented your case to your boss, learn to listen. Let him or her explain Management’s side of things, and have a healthy exchange of ideas. Encouraging dialogue can show how well you can negotiate and compensate.
Know that it's not all about money.
Asking for a raise isn’t all about the number of zeros you get on your paycheck. It’s also about perks. Maybe not everything will come in the form of money, and that’s fine. If your boss is open to it, ask if you can have better benefits instead, such a larger health package or more flexible hours.
If ever asking for a raise doesn’t work in your favor, don’t take it personally. After all, there’s a right time for everything. Be patient, work hard, and maybe the next time you approach your boss, shje’ll give you what you deserve.
PHOTO: Pixabay; GIFS: Giphy