Can I ask for a raise yet? How to ask for a raise

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abiolajagoo
Junior
 

March 30th, 2021, 4:29 pm

Can I ask for a raise yet? How to ask for a raise

If you’re employed during the pandemic, there’s a good chance you won’t get a raise. You probably feel scared asking for a raise. You may even have taken a pay cut. And you’ve probably been told or you’ve at least told yourself that you should be grateful to have a job at all. But once the pandemic is behind us, a question arises: When is it a good time to learn how to ask for a raise?

The answer is still uncertain right now, but it’s a great time to do your homework and prepare your request in a professional way.

During these unprecedented times, you don’t necessarily need to hold off on asking for a raise, but carefully consider the situation that your company is in before you move forward, says Vicki Salemi, Monster’s career expert.You can start by acknowledging that these are indeed tricky times by saying something like, I know this hasn’t been a typically normal business as usual type of year, but my performance has excelled based on XYZ. Is it possible to consider a raise for the first of the year?

That said, if your company furloughed and/or laid off employees, it’s probably best to hold off, or at least keep expectations in check. You can still ask for a raise when things begin to improve, says Salemi, do it with the understanding that your boss may want to pay you more, but may not be able to.

Once you’re confident that the timing is right, the next step is to go in prepared. “Before you ask for a raise, always know your worth, says Salemi. You can gather information from a variety of sources including.

Your HR department: Some organizations may disclose salary ranges on the company’s intranet site or if you reach out and ask.
Industry research: Contact the national professional organization for your industry (such as the AICPA for accountants), and look on their website for local chapters, says Salemi. If you don’t already have contacts locally, reach out to see if they have a going rate in mind for someone with your skills and experiences.

These can be useful tools for a general ballpark, but keep in mind that salaries can fluctuate widely depending upon the type of company as well as geography. Monster’s Salary Guide allows you to search by job title and location so you can get a more accurate number.
Former bosses and colleagues: Get a sense of what they pay someone in their organization with your skills and experiences.

Once you gather all of this information, think about how your salary stacks up. For instance, if you’ve determined that your job pays a range of $80k–$100k, and you have several years of experience, it’s reasonable to aim for the top of the range. This salary insight is also incredibly helpful to use as a guideline when you start searching externally as well,says Salemi.

After you have a figure in mind, you need to know how to ask for a raise in such a way that it’s almost obvious why you’re asking. Start by listing out all you’ve achieved throughout the year, says Salemi. Try to make your metrics as quantifiable as possible something like i exceeded my quarterly sales quota by 20%” is effective.
After you compile your bullet points, try to schedule a chat with your supervisor.Try to have this conversation in person,” says Salemi. If you can’t because of the pandemic, then aim for a video call, or at least a phone call.
During the conversation, share your findings and your list of accomplishments.

You can also discuss additional ways in which you’re eager to contribute to the business if you’re seeking a promotion.

Please share...

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eMade
VIP VIP
Location: Abuja
 

April 1st, 2021, 1:59 am

Hmmm... :thnk: Trivial.
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Sally
Senior
Location: Kaduna
 

April 2nd, 2021, 8:58 pm

:tu:
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Coded20
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Location: Ondo
 

June 24th, 2021, 7:51 pm

:what: :thnk:
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Coded20
VIP VIP
Location: Ondo
 

July 8th, 2021, 12:33 am

Good update
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Bash888
Senior
Location: Kontagora
 

July 24th, 2021, 2:51 pm

Thanks for the update
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