Hi friends,
Are you asking for the Raise in your Concern? Then first go through this and see to it you fit in all the needs to ask them.
The current economic climate doesn’t exactly lend itself to asking for a raise.With all the talk of bailouts, budget cuts and layoffs (not to mention undue bonuses), many an employee is wary of asking for more money. But what if you deserve a raise?
1. Assess your company’s financial health.
Understand the goals of your company and the challenges it is trying to mitigate. Take into account your company’s standing in the industry. If your company is struggling to stay in business, it is probably not the best time to ask for a raise.
2. Assess your skills and accomplishments.
Make a list of all your accomplishments and write down how you contribute to your company or professional team. Be specific.Show them their cost-savings by promoting you over hiring a new employee. “If you can explain how the company can save in the long-term by promoting you, you’ve put yourself in a good position to get a raise.”
Above all, make sure you know where you stand compared to others in your industry. Compare yourself to other people in the organization and to people with the competition as well. Are they doing the same tasks as you and getting paid more money to do it? Or are they doing more for less?
Another important question to ask: Can you be easily replaced? “If there is a lineup of 100 people who can do what you do better, then you probably don’t have much bargaining power".
MacSpeech
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