Negotiating a pay increase

  Posted on 29/03/2019

How do you negotiate a pay rise?

First, prepare!

Make sure you know your worth. Write down some of your recent achievements. Consider your skills and experience, and what you bring to the job. Make short notes and take them into your meeting. Do some research on current salaries and mark trends.

Get your timing right!

Consider when you last had a pay rise. Remember, if you have had a pay rise within the last 12 months, it is unlikely that you will get another pay rise so quickly. Are you consistently hitting targets and out performing your colleagues?

Ask for a meeting

Request a meeting with your manager to discuss your performance. Remember that this is a two way conversation. Don’t get angry; explain your reasons for requesting a pay rise calmly and professionally.

Sell yourself

Focus on your successes, your strengths and the significant contributions you have made to the company. Mention things such as your dedication, the targets you have hit and the revenue that you have helped generated for the company. Don’t just think about money There may be genuine reasons why you can’t negotiate a salary increase. If money is a problem, consider negotiating a few extra days’ holiday or a better car allowance. Also, ask when money will be available for a pay rise.

Don’t burn your bridges

If you’re unsuccessful in negotiating a pay rise, don’t lose your temper; you still have to work with your boss.

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