Pay raise tips

Pay raise tips to negotiate a higher salary increase in 2020. Asking for a pay raise can be rewarding, if done correctly.

pay raise tips

Can I ask for a pay raise during COVID-19?

Should I write an email asking for a pay rise?

  • Pay raise tips on how to negotiate and asking for a pay raise. Including during the COVID-19 coronavirus pandemic.
  • Successfully negotiating your pay raise can result in more than $300,000 over the course of your career.
  • Also see post coronavirus job search tips and COVID-19 virtual interview tips.
  • There is no standard method for securing a pay raise.

Pay raise tips to successfully negotiate a pay raise

  • Always evaluate the risk factors.
  • You can ask for a pay raise at any time of the year. But the best times to ask are;
    • after the company announces good financial results
    • before next year’s budget
    • after you have secured another job with a competitor
    • or after you have successfully completed a major project
  • Sometimes, if you don’t ask for a pay rise, you don’t get one.
  • Evaluate what you are worth in the market place through job ads and associations. Use this as a guide for how much to ask.
  • Make weekly notes of all your achievements. Also, note how the company and its clients have benefited. This is one of the best justifications for negotiating a pay raise.
  • If you haven’t received a pay raise recently, your boss is probably expecting you to ask for one.
  • A pay raise can be in the form of salary packaging. It can be a company car, laptop, insurance, cell phone … etc. Discuss all salary options that appeal to you with your employer.
  • Through the hidden job market, if a company finds the right candidate, they hire that person. As you would be the only candidate, you can negotiate a higher starting salary.

More pay raise tips

  • If you are not successful in getting a pay raise, don’t make emotional moves.
  • If your pay raise request is not successful, ask your boss what will qualify you for a raise. Also, ask what the time frame is.
  • Follow up within the time frame. If he or she delays indefinitely, ask for a new time frame and follow up within the time frame.
  • Whatever approach you choose to secure your next pay raise, negotiate in person. If it is not possible to meet in person, then negotiate on the phone.
  • If you are expecting a 10% pay raise, you should ask for 19%. And then negotiate with your employer.
  • If it will be hard to replace you, you can negotiate a high pay rise.
  • Many companies review everyone’s salary on a yearly basis. So ask for more than the standard pay raise, if you deserve it.
  • If you deserve a pay raise, ask for it, even if your boss says the economy is bad. Don’t give up, even if they are not giving anyone else a pay raise.
  • If you are confident that you deserve a pay raise, be persistent. But be reasonable and professional. Do not push your boss into making a quick decision about your pay raise.
  • When you are successful in getting a pay raise, thank your boss. Thank your boss in person or via email.

What to avoid when you negotiate a pay raise

  • Avoid writing an email asking for a pay raise, unless you have to. Also see salary increase letter or email.
  • A face to face discussion or a phone discussion are the best methods to discuss a pay raise.
  • While some write an email asking for a pay raise request letter or letter, we recommend you ask for a meeting with your boss.
  • Sometimes, to justify why you deserve the pay raise, you may be asked to write a salary increase letter or email. Also see counter offer letter
  • Even if your boss is in a different location, it is better to wait until they come back. So you can discuss in a person. instead of writing a pay raise request letter. Even if you have to call your boss, it is better than writing a pay raise request email or letter.
  • If your performance is weak, delay asking for a pay rise. And don’t be persistent, until the factors improve.

Let me work with you before your next performance review to negotiate your next pay raise. Call me on +61 417 063 668

We’ll add online salary negotiation coaching and sample salary increase email and letter. In addition to accepting a new job offer and salary packaging negotiation.

Ask me if you have questions about the above pay raise tips. Also, if you need assistance to negotiate your next pay raise. And call me on +61 417 063 668.

Please share these tips and the best ways to negotiate a pay raise.

Also see my salary negotiation coaching

KMD-Solutions is based in Sydney, NSW, Australia

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