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TITLE
How to Ask For A PAy
Hike?
Wealllikemoremoneybutyoucannotsimplyaskforapayriseforthat.Youhavetodemonstratewhyyoudeserveahikeinthesalary.
Wealllikemoremoney
butyoucannotsimplyaskforapayriseforthat.Youhavetodemonstratewhyyoudeserveahike
inthesalary.
Withmoredownsizingandshorttermcontracts,
thereisaclimateofjobinsecurityandpeoplefeartoaskforapayrise.Ifyouarehappyinyourposition,asking
forapayrisecanbebestinsteadofchangingjob.
researchoutwhatthemarketratesare.Iftheequivalentbusinessesarepayingthesamemoneyforyourrole,it
willbewastetoworkaftersalaryrise.
Beforeyouask,
Presentyourachievementsofthepastyearsclearlyandinsimpleterms.Wherepossible,presenttestimonialsofclients.
Convinceyourbossthatyouareworthapayrise.
Mentionifyouhavebroughtfinancialbenefitstothecompany,helpedinsmoothrunningofdepartmentsorintroducednewideasorworking
practices.
Givethebossthereasonthat willjustifyyourincrease.
Donotmakeunrealisticpromises.
Explainwhatyouhopetoachieveinthenextfewmonthsandhowyoucanimproveyourwork.
Youhavetoprovethatyoudeservethepayrise.
Itisnotagoodideatosaythatyouneedtheextramoneytopurchaseahouseorababyisontheway.
Butdon’toverdoit.
Makesuremanagersanddirectorsknowwhoyouareandareawareofyourgoodwork.
Ifpossibleagreehowyouintendtotakethingsforwardandsetatimeforpayreviewinthe
future.
Donotthreatentowalkoutofthecompanyifyourappealisturneddown.
How to ask for a pay hike

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