Connect with us

Hi, what are you looking for?

Career

Money Alert: Simple Steps To Asking For Your Next Raise

The economy’s on the up and employers are looking to next year’s budgets, hopefully with a slightly more positive attitude. So what better time to evaluate your worth to a company and push yourself to the next level. Asking your employer can be a daunting situation o navigate. So here is a simple and easy five point strategy to abide by when its crunch time!

  1. Do your research: Know what your company’s strengths and weakness are and be ready to tell how you can move the company in the right direction. This isn’t a conversation that is done on the fly, make sure you know what someone in your position should be earning.
  2. Be realistic: Know your limits. Make sure you know that there is a good and a bad time to ask for a raise. You don’t want to be asking your employer for a bonus when they just had a death in the family, be smart.
  3. Time it right for yourself: It is most appropriate to ask for a raise once you have just had a major achievement. Do it when your success is fresh in your manager’s mind.
  4. Time it right for your manager and company: This could be when the company just landed a new deal this will be ideal as they have some extra cash coming in.
  5. Be flexible: If your manager is unable to offer you a raise don’t be afraid to ask for other incentives. For example, more vacation time, a more flexible schedule, and more.

Asking for a raise can be a tough situation but don’t let it ruin your day. Keep a positive mindset, do your research, and know what you’re asking for. So, go for it! Ask for that raise and you may surprise yourself with the answer you could potentially receive!

You May Also Like

News

In the past year, Peloton, manufacturers of stationary exercise bicycles and treadmills, has been experiencing some severe financial difficulties. The company went through a...

News

While the ongoing supply chain problems affecting the global economy have had the expected effects, they’ve also had some decidedly unexpected effects. Specifically, many...

News

As gas prices continue to rise and consumer confidence drops, not to mention the ongoing war in Ukraine, the European economy is taking a...

News

As the environmental need for electric vehicles becomes more pressing, and the car-buying public becomes more eager for them, automotive manufacturers are getting ready...

News

This morning, Coinbase CEO Brian Armstrong sent a mass email out to his company informing everyone that, as stock and crypto prices slip and...

News

Last week, a former cybersecurity expert for Twitter, Peiter “Mudge” Zatko, released a whistleblower report on the social platform. In his report, Zatko cited...

News

Zelle is a peer-to-peer payment app and service that can be used by individuals to send and receive money, in a similar vein to...

News

Earlier this week, following the third-term victory of Chinese President Xi Jinping, market shares in Hong Kong experienced a sudden, violent sell-off. Xi’s controversial...