Thursday, May 14, 2020
6 important things to consider before asking for that pay rise - Debut
6 important things to consider before asking for that pay rise - Debut This post was written by a member of the Debut Student Publisher Network. Zaki spoke to a veteran journalist to get the real scoop on how to snag that pay rise: Itâs not a question youâre likely to be in a hurry to ask. Few people enjoy talking about money in the workplace, especially with their boss. But building up the confidence to ask this key question, and doing so in the right way, can increase your income considerably. Phil Sutcliffe is a veteran music journalist who has worked for Melody Maker, Sounds, Q and Mojo. He now runs courses for the National Union of Journalists on pitching and negotiating. He spoke to Debut about how to ask for an increase in pay. Do it at the right time and think through your choice of words Timing is important. There may be a natural time to ask. Doing so within weeks of starting work is unlikely to be a good idea, but broaching the subject during an appraisal or performance review could work well. Try and do it when your boss doesnât seem too busy or stressed. Ask if they have a minute to chat and plan what youâre going to say in advance. Tell them about what youâve brought the company. What good things have you done to show your value? Emphasise that you see your future at the company but that it would mean a lot to be paid a bit more. âAlways do it politely, non-confrontationally, so youâre starting a negotiation, not an argument. If the answer is no, no, no, you come back to their original offerâ, Sutcliffe says. If you donât ask, you donât get Some companies look at giving annual pay increases across the board, particularly where there is strong trade union representation, but many donât. âItâs remarkably widespread to see the people who ask for more getting it and the people that decide against doing so not getting itâ, Sutcliffe says. He points out that, just as many young workers are reluctant to ask for a pay rise, lots of those who have been in work for longer are the same. One of his mantras is âalways ask for moreâ. He usually cites this when discussing freelance rates, but says itâs also applicable to salaried jobs: âItâs because you need to explore the situation. Donât accept as a given that a potential client or potential employerâs first offer to you is their final offerâ. Ask in person where possible How do you ask? Itâs entirely up to you. Some might prefer an email as they may find it awkward to ask in person. But I think asking in person might be slightly more effective. Then youâll be able to see their reaction first-hand and, if they decline, get an idea of how close to saying yes they were. In general, I think people tend to be more negative when they have the luxury of hiding behind an email. They also then have as long as they want to reply. Asking in person might catch someone slightly off-guard and have them suggest that you âask again in a couple of monthsâ. Then youâd be in a stronger position two months on, which might be a shorter period of time than what they might suggest by email once theyâve had time to look at the companyâs books or ask their own manager. Find out what might be a reasonable rate to aim for Speak to your colleagues in the pub. Casually ask what theyâre on or how long they waited to ask for a rise. Chat to your trade union rep if you have one; theyâre likely to know what the company pays some of its employees. Look at what salary other companies are offering for similar jobs online. If you want to suggest a figure rather than ask what they might be willing to offer, you could mention what rival companies pay those in similar roles to help your case. But donât threaten to leave if they turn it down or do anything which may leave you in a difficult position. Negative consequences are extremely rare Sutcliffe says that a widespread fear among people considering asking for more is that their employer will react negatively and even punish them for posing the question. âBut itâs vanishingly rare. We have heard of cases where thatâs happened, but itâs really, really unusual. Particularly if you keep to non-confrontational ways of doing it, both in what you say and your tone of voice. Emails have tone of voice as well.â Itâs fair to say itâs very unlikely you asking for more will get the same reply Oliver Twist did in Charles Dickensâ famous novel. There may be a silver lining even if you donât get it Even if your boss says no, asking for more can have positive consequences. If they say theyâll chat about it again after a specified period of time, make a note of when and remember to ask once more then. Putting the question to them and making them think about what your work is worth could lead them to value it more. They may also see qualities in you that they want their employees to have. âYour employer is likely to see you as a person with a degree of confidence and self-esteem, and think that, when representing them, youâre likely to be better at striking good deals with other people the company does business withâ, Sutcliffe adds. There are some questions you never particularly want to ask, but building up the confidence to do so can be important, even if you donât get the answer you were looking for first time round. Feature image via Pexels Download the Debut app and get Talent-Spotted by amazing graduate employers! 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