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Youth Village Kenya > Blog > Employment > 5 Strategies For Asking For A Salary Increase
Employment

5 Strategies For Asking For A Salary Increase

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Last updated: 2020/08/03 at 11:00 AM
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Asking for a salary increase can be considered one of the most challenging moments in your professional career.

Contents
1. Do market research2. Wait for the manager to make the proposal3. Consider the benefits4. Observe the company’s situation5. Gather good arguments

However, the employee must not make the issue a taboo and avoid the issue, but gather good arguments and convince the manager that he deserves better remuneration for his work.

Here are some tips for asking for a raise and start putting the strategies into practice:

1. Do market research

Before asking for an increase, it is important to observe the market and understand the average remuneration of a professional in the same area and position. Compare the amount with your current salary and use the amount as a reference during trading.

2. Wait for the manager to make the proposal

If you start the conversation by asking for a certain amount, that will be the maximum amount of the deal. Therefore, wait for the manager to suggest the first proposal and, if necessary, make a counter proposal. In this way, it does not place a limit on trading and may even achieve a higher increase than what was expected.

3. Consider the benefits

It is important to focus not only on the wage amount, but also on the additional benefits offered by the employer, such as food, transport, health insurance, bonuses, among others. Even if you are unable to reach the desired salary amount, try to negotiate an improvement in these benefits.

4. Observe the company’s situation

Before making the decision to request a raise, you should look at the company’s financial situation. If business is not going well, it is better to wait for a more opportune time.

5. Gather good arguments

Before asking the boss for a salary increase, analyze your situation at the company, how long you have to collaborate and what are the best arguments to use to succeed in your request. List your best features and show that your work is important for the smooth running of business.

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Editor August 3, 2020 August 3, 2020
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