If you are after a raise, there are some things you must know before you ask for one. With that, here are some key points to keep in mind when trying to negotiate a merit increase.
First, you surely want to make sure that you are asking for an increase in pay at the right time. If you received an increase in pay not too long ago, or within the last six months, you may want to wait a while.
A good time to ask for an increase in pay is after a year or after a job switch. Another good time to ask for a merit increase is when you receive an increase in responsibility. Now, do not immediately ask for a pay increase, but wait about six months (as previously stated).
If you have been in an acting leadership position for over half of a year, you should be financially rewarded. Or, you should be promoted to that position permanently. Whenever you take your conversation to your boss to ask for a raise,make sure you have hard reasons for your wish. Be able to talk about the improvements you have made for the organization. Be able to talk about the people you have promoted or trained into new positions.
Be able to talk about the increase in profits the company has experienced due to a direct influence from you. Also (as stated earlier), be able to talk about any higher role of responsibility you voluntarily held and administered well. As you ask for your raise, do not make it personal. Instead, make it strictly about the business.
Do not say that you need more money to pay for personal expenses. Do not say that you want a pay increase in order to continue working for the company, or you will leave. Never say that you want a higher pay rate because somebody you know is making more money than you.
Last but not the least, have a plan explaining what more you look forward to doing after you receive your raise. Show how you dedicated you are to the company. Let them know that after your raise you will not stop working as hard as you currently do. Ensure your boss that your raise will be kept confidentially between yourself, them, and the Human Resources department.
As you can see, there are some key ways to ask for a raise that almost make it hard for your boss to say no. Therefore, execute the actions above and hopefully you will be on your way to a higher income.

https://jobintels.com/2020/08/25/getting-a-raise-how-to-negotiate-merit-raises/


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