How to Ask for Salary Increase
Times are tough nowadays. There are a lot of job layoffs and salary freezes. Companies are squeezing their budgets so employees are multitasking as of now performing two or more job responsibilities more than they usually do without getting enough salary increases. If your job responsibilities have changed and grown, you should address this situation with your manager as soon as you can. If you don’t you’ll only build resentment and also miss a valuable opportunity for professional growth.
Here are some of the tips on how to ask for a salary increase.
Find your original job description. If you don’t have one, write one for yourself, outlining as clearly as you can the job responsibilities you were hired to do. Then, on a second page, write a detailed outline of what you’re actually doing for comparison. Now, you’re ready to ask for a five-minute meeting with your boss. Ask either in person or, even better, by email - which keeps your boss from feeling ambushed and lets him plan for the possibility of salary increase.
Start the meeting by telling your boss how much you like your job and working for him. Mention how you’re enjoying your new job responsibilities and thank him for the confidence he’s shown in assigning them to you. Now comes the hard part- asking for a salary increase! Simply say, “I feel I should be paid more for taking on the added responsibilities, and I hope you agree.”
Keep talking. Your heart’s probably now in your throat but just go on. Mention the specific salary increase you are asking as a percentage increase from your current salary. If he doesn’t agree with the amount, all you’ll have to work out is the figure.
If he says no, ask him when you might expect a salary raise for the responsibilities you’ve taken on, and have him commit to another review date. Before you end the meeting, ask your boss for his feedback on what you’re doing well and where you could improve. Once the economic forecast improves and there is more flexibility in your company’s budget, you’ll be the first person he considers for a salary raise.
bart
Alam mo naisip ko yan last week e. Pero ito ang linyang gusto ko talagang sabihin sa kanya :
“Boss, anong pwede kong gawin para tumaas ang sweldo ko to 45 thousand pesos?” Sabay tawa. Naghahanap lang ako ng timing na malamig ulo niya. Siguro sa march pag nakaalis na yung cliente namin na dadating next week from Utah.
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mutuelle complémentaire
To ask for salary increase is always delicate, such a pragmatic approach can be useful to us
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dlysen
Its nice to ask salary increase when you think your accomplishment is right enough. Be careful on asking because on my experience the applicant I meet is asking the salary higher than the salary of the boss. She just don’t have any idea about how much the salary of the boss who will hire her.
Try to be self employed and declare the salary you want or much better if you start your own business.
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bloggista
Good and sound advice Tyrone. People should also research and find out how much other people of the same business/industry are getting. Then try to find out how their company is ranking compared with similar companies.
This way, they will have a better information on whether they are receiving good pay or not. Sometimes, well, in most cases, its best to move on to an industry where pay is good. To do such, one should not stop learning, and get that necessary training sprinkled with great self confidence.
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Financial Samurai
It’s tough in today’s environment for sure. The best is to highlight all that you bring to the table, and your successes.
Make it TANGIBLE for your boss!
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Annette
I have a friend who said she just wasn’t the type to ask for a salary increase. I told her she so deserves it given her workload. She still didn’t ask and waited for upper management’s recognition. She was finally given recognition but it came almost 2 years later after we talked about it. Ugh!
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elmot
Unfortunately for us working in an educational institution, we cannot demand or negotiate individually regarding increases on salary, as salary increase follows some procedures and salary steps, compared to those working on some industry.
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Grazel Joy
The approach to salary increase varies from industry to another. If you are working in a Call Center, salary increase would be difficult to ask especially if there are accounts that are being pulled out by clients. Some employees are being cross-trained thereby increasing their job description but never their salaries.
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sharah
Hello!
I was offered (verbal) by our GM of a salary increase October last year. Until now i still have not received any increment. The last time we spoke of this was in December. What will I do now?
He has mentioned that it is retroactive, but I am worried I wont be getting it anymore. Please advice.
TIA.
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