How to ask for a pay rise

about 1 year ago by Daniel Stargatt
How to ask for a pay rise

When it comes to work, one of the most important things to feel is valued. This could be as simple as being congratulated or told you’re doing a great job by your manager. However, it’s also important to feel that you are being paid the going rate based on your knowledge, experience and performance.

Being underpaid can often be damaging for your job satisfaction and enthusiasm for your role and company you work for, so it is crucial that you make the effort to do something about it if you are being paid less than you should.

In this article we offer some tips on how best to prepare for this conversation with your manager to help get the outcome you want. So here are the five things you should do…

Do your research

Before you do anything you should always do your research. You need to know if you are actually being underpaid for your skill set and experience before you go in and ask for more money. The best way to do this is to look at salary surveys and run some searches for similar jobs in the the same area and sector. This will give you a good idea of what the going rate is and provide something for you to benchmark your own salary against against.

We have also put together a salary survey for both freelance and permanent professionals, which you can view by clicking the below links…

View permanent salary survey or view freelance salary survey.

Evidence your impact on the business

Evidencing your impact means clearly showing your accomplishments and achievements over the past year. It’s imperative that you can show how you have impacted revenue, cost saving or how you have impacted the wider business with your achievements and performance. This will help you to prove that the business is financially better off with you in the business.

Now we’re absolutely not saying you should hold your manager to ransom when discussing salary, but it’s important for them to know that increasing your salary by £5,000 - £10,000 will actually be beneficial to them and the business long term and would reduce the risk of losing you to a competitor.

Book some time out

Simple, make sure you have booked some time with your manager so you have both committed to a time and a place to have the discussion. It’s ok to give your manager a heads up that you want to discuss salary; you don’t want them to turn up and feel like they are being cornered and underprepared for the conversation.

Leave with action points

If the result of the meeting isn’t what you’d hoped for, then it’s important that there are some take aways, so you have something to work towards. Think about asking what you can do to help with a salary increase, maybe you could put in place a list of things you need to prove or complete to help trigger an increase. Whatever it is it’s important that you have a goal to work towards.

What if you don’t get what you want?

If the end result is that your manager is not even entertaining the idea of a salary increase and you have shown that you deserve it as well as the market research showing that people at your level in other businesses are receiving higher pay then maybe it’s time for you to consider your options.

Looking for a new job in construction?

If you are looking for a new job or considering your options why not check out all of our construction jobs, and if you see something you like the look of simply apply with your CV or your LinkedIn profile. Alternatively you can give us a call to discuss your situation and your needs in more detail.

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