How To Negotiate a Higher Salary: Top 15 Salary Negotiations Tips
Today you’ll find out how to negotiate a higher salary.
In this economy, everybody needs a raise. The problem is, how do you ask for it?
Below are 15 tips you may want to consider. It is split into 3 categories.
The first 5 make sure you deserve it. The second 5 will help you ask one at the right time. And the last five are about getting yourself excited (arguably the toughest).
How to Negotiate a Higher Salary:
1. No Lateness/Very Minimal Absence
Never give your employer a reason to say no. The simplest way to say no is to tell yourself that irrespective of your performance, your lateness and absence are a real problem. That buys your employer anywhere between 3 months to 1 year.
2. Know Your Job and Do It Very Well
What are your duties and responsibilities? Make sure you really do everything, and that you do it effectively and efficiently.
3. Above the Line of Duty
Regardless of your actual assignment, when someone asked to volunteer, or to replace me, you said yes. You need to show your boss that you’re a team player!
4. Present the Facts (The actual work is finished vis a vis your salary)
Your request must be in writing. Include in your request that you’re willing to verbally discuss the same matter. Show precisely what you have really done for your boss, and how much it has in the end saved you money or made you money.
5. Be Relevant and Be Visible
There are plenty of decent employees who did not get a raise because the boss did not know they were there. Avoid getting too pretentious, but it never hurts to show your office that you really matter.
6. Be Reasonable
Increments are incremental steps, and typically have a limit per increment. Of course there are exceptions to this rule, but you should expect the general rule.
Let your boss know that you’re willing to work within the system, but expect another request as soon as possible.
7. Read Your Contract, When is the Evaluation?
Regular evaluations occur several times per year. You must get an above average score to actually get a raise. If you are not sure how you stand, try working twice
8. How is the Business?
Regardless of how good you are, if the business is not doing well, then you will not get a raise. This is because your employer cannot afford it.
9. Give Your Employer Choices
If a raise is not possible, then ask for flexible hours, lower hours, and cues to find a part-time job.
10. In writing
Any substantial agreement must be made in writing. This way, both of you are clear about the terms, and you have the same proof.
11. Make Sure You Deserve It
Before asking for a raise, you need to ask yourself, “What did I do to get a raise?” (1) and “What did I do to deserve a raise?”
Remember, if you are on the brink, your boss will find reasons to delay, reduce the amount, or say no.
12. Attend Multiple Job Interviews
Confidence is key with regards to asking questions, in addition to how much to ask. If you get some serious job offers, you will understand how valuable your services are. And you will be braver, because if worst comes to worst, you can at all times change jobs.
13. Get some Offers
If another company is willing to hire you (2) for the same or higher salary, request to get a quote in writing AND ask for a deadline for you to consider the same.
14. Wait for Reply
More often than not, the deal-breaker is an exasperated boss, whom you have pushed or offended by asking too often or too pointedly. Wait 15 days and then gently request an update. If after 2 months nothing has been done, then you may want to return to step 12, 13, then 15.
15. Consider a New Employer
If all else fails and you truly need a raise, then you should consider a new employer. This is particularly true if negotiations for a raise are marked by undue delays, bad faith, and strained relationships.
I want to thank you for taking the time to read my article on how to negotiate a higher salary. I actually hope that its content has been of good help to you.