How difficult it is to raise temptation to buy fringe items from the grocery checking counter, just to save that $5? I am sure you read various PF blogs and articles and follow some of the best practices to live frugal and save more. But aren’t most of them little tough? Well for me it is tougher than asking my boss to increase my salary.
Last year, by living frugal, well almost.., I saved perhaps $1000 more than what I could have saved otherwise. Later in 2009 I started some of the office practices (or, started practicing better), and as a result I got a 3% salary increment. Believe me it took lesser efforts than what it took to save $1000 from spending.
You may not be that lucky, or perhaps you have lost interest at current work. It might be very hard for you to do well and get your boss’s attention. But, give it a try. I will describe few of the techniques I tried.
- Developed better rapport with my manager: No, I didn’t do whatever he said, but did most of it. If you have aim, if you are satisfied with your work, you can do most of it too. I took every chance to showcase my work to him. and I tried explaining to my best when I failed. Also, when I went against his direction, I had prepared many good reasons to explain to him.
- Developed good working relationship with colleagues: Even if colleagues are your competitor when it comes to year-end appraisal or increment, but they are a very good medium for channeling your good self to your boss. If a few of them start praising your efforts in front of your boss, you are a winner.
- Improved my skills: In our office, we have access to many online tutorials and resources, which are available free of cost. If you have that too, do take advantage and learn something new, new skill, new practice, new way of doing old thing. When you feel like you do not have any enough work at office, turn towards taking a course. Enroll yourself to Toastmaster International. Develop your presentation skill, Toastmaster requires very nominal price, but return of investment is much higher.
- Tried to get attention in team meetings and group presentation: When your boss is not the only decision maker, he has to take opinion of his counterparts from other departments, presentations to those co-bosses go a long way. Do not lose a single chance to present to your superiors.
- I was very honest: You can not lie and sustain for long, you can not escape by exaggerating your achievements, you will be caught one day. I was very loyal, stayed at work for full-time, did my job dutifully, delivered all my projects on time and with quality.
- Worked on Boss’s priority: It is very important that you understand your boss’s priority, if in doubt, ask him. Try to find ways about how you can help him/her meet that target. Do your best and do not forget to keep him updated on your effort. He will be a mighty pleased person.
- I asked for a raise: Only if you satisfy the above points you can ask for a raise. It is your duty, every workman’s duty. Do not hesitate, only letting out the first sentence is tough, once you started the conversation, it won’t be that difficult to convince your boss. If you are convinced yourself, why can’t you convince another person?
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Work hard, work honestly, work intelligently and ask for raise. Do leave your comments.
| SB is a husband and working as a software professional for a Fortune 100 corporation in Florida. Thanks for visiting the blog.
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I agree with your Ask for a raise, increase your salary, Earn More, good post.
I’m going to ask my boss for a raise tomorrow!
let me know how it goes
Look at it from the business owner’s perspective. They:
–>want to reduce costs and increase revenue;
–>know that employees are the biggest expense to their company;
–>want to keep productive employees who add value to the company.
So, no matter what the economy is like, when asking for a raise, you need to ALWAYS demonstrate your value to the company, and talk directly about that value.
Like the article said, don’t worry about what others make; likewise, personal reasons for wanting more money are irrelevant. The only thing to focus on is the value you provide to the company.
Maybe you’ve reduced costs, or increased revenue, or lowered employee turnover, or expanded a product line, or expanded sales into new markets. Whatever you’ve done, talk about it specifically. Think like a business owner. Ask yourself: if you were the owner, why should you pay this person (yourself) more?
Now that you’ve laid out the reasons WHY you should be paid more, you can talk about HOW MUCH you think you should be paid.
Some people think that whoever gives out the first negotiating number loses; I disagree. Instead, YOU should be the one to set the salary anchor (the “anchor” is the number around which the negotiation takes place), and make that number significantly more than your currently salary, but justified by your value to the company. Maybe a 40% increase is warranted, so ask for 50% (since it’ll likely be negotiated down). Whatever the number, say it matter-of-factly, and don’t blink. You’ve laid out your case and you know your value. Don’t be emotional. Practice your meeting with a friend or spouse.
Back when I had a corporate job, I did this, and boosted my salary about 25%, when the typical salary increases at the company were 2%-4%.
People are often reluctant to ask for more–especially if it’s a big jump in salary. That reluctance boils down to not valuing yourself; it’s fairly common, creeps into other situations and life choices, and can be extremely limiting. I talk more about it and how to overcome it on my blog (www.StartMyConsultingBusiness.com)
Greg Miliates
http://www.StartMyConsultingBusiness.com
Yea, it is like pulling teeth from a bull.
Well, you need tame the bull first with your skills
Great article. Something that a lot of people don;t think about it that if you work hard and you have a good relationship with your manager than you really don’t have much to lose. If you have a good boss they are going to try and help you out. You just need to ask.