Get a raise is a topic that concerns many employees. To successfully complete this crucial step, you must be well prepared and know the tactics to successfully complete the negotiation. We present you strategies, advice and mistakes not to make during your stay Negotiating a salary increase.
Find the right time to negotiate
THE timed coordination is essential when it comes to asking for a raise. Choosing the right time is crucial to maximizing your chances of success. Here are some tips to help you determine the best time to start the discussion:
- During the annual assessment : This period is generally suitable for salary negotiation as it is during this time that your employer will evaluate your performance and professional development.
- After achieving a goal : If you recently achieved an important goal or exceeded your manager’s expectations, this might be a good time to negotiate a raise.
- When changing position : If you are about to change roles or take on new roles within the company, this may be a good time to discuss your compensation.
On the other hand, it is not recommended to request an increase during a period difficult economic environment for the company or if you have not achieved convincing results recently.
Prepare your argument
It is essential to have a successful negotiation Prepare a solid and coherent argument. We give you some tips for developing your arguments:
Compare your salary to the market
Do some research to find out the average salary in your field of activity and for a similar position to you. You can use this data to assess the competitiveness of your current salary and reinforce your desire for a raise.
List your achievements and skills
Consider highlighting your achievements, e.g. B. projects completed or results achieved, as well as your specific skills that are beneficial to the company.
Suggest a realistic increase
It is advisable to exercise moderation and not overestimate your salary expectations. Request an appropriate increase based on market activity so as not to appear arrogant.
Mistakes to avoid when negotiating
When it comes time to negotiate your raise, here are some mistakes to avoid:
- Being too emotional : Avoid sharing your personal problems or expressing your feelings. Stay professional and focus your argument on your performance and abilities.
- Justify your request solely based on the time that has passed : Don’t ask for a raise just because it’s been a while since you received a raise, but emphasize the objective reasons why you deserve a higher salary.
- Highlight your financial needs : Focus on your added value to the company and not your financial needs. Financial difficulties are usually not a convincing argument for a salary increase.
- Adopt a confrontational stance : Negotiating a salary increase requires the ability to dialogue and find a compromise acceptable to both parties. A confrontational attitude will only harm your cause.
- Not being flexible : Be prepared to potentially accept a counteroffer or negotiate additional benefits if your employer cannot accommodate your original request.
- Compare your salary with that of your colleagues : Every situation is unique and depends on many factors such as: B. the employee’s experience, skills, position, etc. Addressing this issue would risk putting it in the spotlight and putting negative pressure on the negotiations.
If you follow these tips, it will be easier for you Successful negotiations for your salary increase. However, please note that success is not guaranteed and that a negative response may sometimes be justified due to the company’s internal or economic circumstances.
However, don’t lose hope and prepare for another attempt by continuing to work on your skills, performance and reasoning.
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