Money makes the world go round right?
And we all know the term by ‘failing to prepare you are preparing to fail’ – so if you are looking to negotiate a pay rise in your current role, you need to prepare and go with a plan.
Right now people are focused on money & benefits more than ever so if you believe the time is right for you to ask for a pay rise rather than move on to a new employer, then here are…
5 top tips for negotiating a pay rise
1. Ask at the right time. Employers have a lot to think about. If you are asking for a rise at the wrong time such as after work drinks then you won’t get the outcome you are hoping for. The best time is usually around the time of a performance review.
2. Practice your pitch – Just like you would for an interview, you need to prepare for this. It is a huge thing asking for a pay rise. Practice in front of a mirror or friend. Get ready for any possible objections or queries that might crop up.
3. Do not let things get personal – if your manager rejects your pay rise right now but has agreed to keep a tight review on things then try not to take it personally. It isn’t personal.
4. Facts & Figures- Go into your meeting with facts and figures, have a plan you have pulled together over the last few months and give your reasons as to why.
5. Stay positive and stay strong – committed to the task in hand. Determined to come out of the meeting with the desired outcome.
Its often a tricky time navigating a pay review. We come across this often but the team at H2 Consultancy are always here to offer advice and support no matter what the question or query.
Money makes the world go round right?
And we all know the term by ‘failing to prepare you are preparing to fail’ – so if you are looking to negotiate a pay rise in your current role, you need to prepare and go with a plan.
Right now people are focused on money & benefits more than ever so if you believe the time is right for you to ask for a pay rise rather than move on to a new employer, then here are…
5 top tips for negotiating a pay rise
1. Ask at the right time. Employers have a lot to think about. If you are asking for a rise at the wrong time such as after work drinks then you won’t get the outcome you are hoping for. The best time is usually around the time of a performance review.
2. Practice your pitch – Just like you would for an interview, you need to prepare for this. It is a huge thing asking for a pay rise. Practice in front of a mirror or friend. Get ready for any possible objections or queries that might crop up.
3. Do not let things get personal – if your manager rejects your pay rise right now but has agreed to keep a tight review on things then try not to take it personally. It isn’t personal.
4. Facts & Figures- Go into your meeting with facts and figures, have a plan you have pulled together over the last few months and give your reasons as to why.
5. Stay positive and stay strong – committed to the task in hand. Determined to come out of the meeting with the desired outcome.
Its often a tricky time navigating a pay review. We come across this often but the team at H2 Consultancy are always here to offer advice and support no matter what the question or query.