Asking for a pay rise is often something lots of people avoid due to feeling awkward. However, when you are consistently outperforming your colleagues or doing more than ‘just your job’ it’s completely fair to want a pay rise.
But how can you go about asking for the pay rise you think you deserve?
Do your research to ensure you are asking for a pay rise in the most convincing way possible. Look at what the pay is for your job role in other businesses. Look at the skills you possess and how available these are in the local area if your employer was looking to rehire in your place. Take the time to go back through your performance reviews and highlight all the positive feedback. Make a note of your technical know-how skills and your soft skills. Include your job responsibilities and the extra responsibilities you have taken on.
Like everything in life, the right time is essential. Keep an eye on the performance of the company. During the pandemic or example, has the business made savings and increased profits? Or has the business struggled as orders have slowed down? Be mindful of upcoming deadlines or stressful dates. If there are times that management have more on their plate, maybe wait a few weeks until that stress has passed.
It’s important to make the right approach. You don’t want to go in all guns blazing. Instead present your case for a pay rise in a calm and articulate way. Don’t beg or plead when asking for a pay rise. Instead let your brilliant work performance speak for itself. Have a figure in mind before you arrange the meeting. This will need to be viable. Use your initial research to come up with the right number to ask for. It will be nerve-wracking but keep your cool for the best possible outcome.
If things don’t go as intended, try not to let it get to you. It is frustrating. However, asking for a 6-month review at the end of the meeting is a great suggestion. This will then keep the door of opportunity open for you. Make sure you keep up the great levels of work performance. Continue showing your employer that you’re a great asset to the business. This will help them see what they’ll lose without you, as well as what they gain with you. If you haven’t received a pay rise 12 months after the first meeting, it may be time to look for an employer elsewhere who does appreciate what an asset to the business you are.
If your employer has turned you down for a pay rise and you’re looking for a new job, check out our current vacancies here.