Tuesday, November 17, 2009

My yearly review is due in a month and I want to prepare in terms of a payrise..?

My employer has told me I will be promoted to a Senior member of the Administration team and that I will receive a payrise. I am currently on $40,000 per annum, but have been working in admin for five years. Our own salary survey suggests I should be getting paid between $40,000-$50,000, plus I have seen several jobs which are easier then mine at around $50,000. Am I better off looking for employment elsewhere or asking for a $10k payrise. I know my boss values me highly as we have discussed me leaving previously and this is when he told me I would be promoted and given a payrise at my review. Is it really unprofessional to ask for so much money? Also, a girl that works under me, continually asks for payrises and has gone up $8k over the last year. I have not ever asked for one yet.

My yearly review is due in a month and I want to prepare in terms of a payrise..?
There is nothing wrong or unprofessional in asking for a hike which is proportionate to your expertise and knowledge !!
Reply:So you don't value yourself as a highly professional who doesn't deserve a pay raise? Of course, it isn't unprofessional to ask for more money. Learning to negotiate means producing a win/win situation for you and your employer. If you aren't happy, the job suffers, and so does the employer because he has to pay to retrain when you quit. Its never hurts to go in with a high number and if he is smart he will "negotiate" and then you can at least meet the number you really intended to be happy with. So, always go high, and then when he squirms a bit, start the negotiation toward the pay raise you really want.
Reply:If you have not already, start putting together the portfolio of what you have done, excelled at, and gone above and beyond for in your job. Once you have that put together, it is going to be much easier to build a case for a pay raise.





Also, confirm that the salary in your area is indeed in the range you believe it to be. www.salary.com.





Lastly, don't compare yourself to others who you work with who have "easier" jobs. If you are sharing salary information with others, that could be a red flag for your employer as that is confidential information. That one could backfire if you use it.





Bottom line, it's not that you do or do not ask, but how you frame the question.

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