How Tech Companies Can Thrive in a Competitive Market
The workplace landscape has undergone a seismic shift in recent years, with the COVID-19 pandemic accelerating changes in business models,
For the seventh day of Recruitmas, we are sharing 12 tips on how to ask for a pay rise.
Know Your Worth:
Research industry standards and salary ranges for your position and experience level to understand your market value.
Highlight Your Contributions:
Compile a list of your achievements, contributions, and added value to the company. Quantify results wherever possible.
Timing is Key:
Choose the right moment for the discussion, such as after completing a successful project or during performance reviews.
Prepare a Compelling Case:
Craft a persuasive case for your pay rise, outlining how your contributions align with the company’s goals and successes.
Be Confident and Assertive:
Approach the conversation confidently and assertively, emphasizing your value to the organisation.
Practice the Conversation:
Rehearse your key points to feel more comfortable and articulate during the discussion with your manager.
Focus on Future Contributions:
Highlight how a pay increase will motivate you to continue delivering exceptional results and contribute further.
Consider Additional Benefits:
Discuss other benefits like extra vacation days or professional development opportunities if a salary increase isn’t immediately feasible.
Be Open to Negotiation:
Be prepared for a discussion rather than a one-sided request. Be open to compromise and alternative solutions.
Stay Professional and Positive:
Keep the conversation professional and positive, avoiding negativity or comparisons with colleagues.
Listen and Reflect:
Be open to your manager’s perspective and feedback. Listen attentively and take their considerations into account.
Follow-Up in Writing:
Summarise your discussion in an email, outlining agreed-upon points, to ensure clarity and serve as a reference for future discussions.
Remember, asking for a pay rise is a conversation that requires preparation, confidence, and a clear demonstration of your value to the company.
The workplace landscape has undergone a seismic shift in recent years, with the COVID-19 pandemic accelerating changes in business models,
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There’s a growing recognition that traditional metrics for measuring productivity may not fully capture the complexities of modern workplaces. As