Research salary trendsĪt this stage, you may be wondering how much of a raise you should request.Įvery job has a corresponding market value. Related: What Is the Average Salary by Age? 2. Even though your manager may be aware of your work broadly, they may not be up to date on precisely how impressive it was. Have you just reached an impressive milestone or exceeded an important goal? If so, this could be a good time to ask for a raise.īe sure to document the details of the specific accomplishment(s) you’ll reference in your conversation about a raise. If the company is doing well and your manager isn’t too stressed, but a convenient time to ask for a raise isn’t coming up, reflect on your recent accomplishments. Have you successfully completed a significant task or project? This will give you a headstart on planning for the conversation with your manager. If you see that one of these opportunities is coming up, make note of it on your calendar. At the close of that period (the end of January is common), employers are likely making hiring and compensation plans for the next year. A fiscal year is a 12-month period companies use for budgeting and tax reporting purposes. The end of the fiscal year could be another option. If you have one coming up, your employer might already expect to discuss your compensation. Some employers may conduct annual or quarterly reviews with employees. In many businesses, there are times when it is natural or convenient to talk about pay: When is the best time of year to ask for a raise?
#ANOTHER WORD FOR INCREASE HOW TO#
Paying attention to your manager’s moods and identifying how to help them demonstrates a level of maturity that will be useful to mention in your conversation about compensation. If you know your manager is under a lot of stress or focused on too many things right now, it may not be the time to ask for a raise. Related: 8 Methods To Increase Your Salary How is your manager’s workload? Do company research and look at financial reports.Įven if the financial health of the company is good, this research will be useful to you when you talk to your manager. Check the news for stories about your employer or industry. You should look for warning signs, such as cutbacks in spending or layoffs.
As an employee, you may be aware of the company’s financial health. If the company isn’t doing well, this is not the time to ask for a raise. Ask yourself these questions as you’re identifying the right time to ask for a raise: What is the financial health of the company? However, when you do ask for a raise, you need to carefully choose your timing. In fact, in a recent Indeed survey, only 19% of people were comfortable with their rate of pay. The following is a simple step-by-step guide you can follow as you prepare to ask your employer for a raise.
#ANOTHER WORD FOR INCREASE PLUS#
In this article, we’ll provide a step-by-step guide to asking your boss for a raise, plus tips and scripts to help you prepare your own request. After all, your employer may not know you’re dissatisfied with your current pay until you speak up. We can certainly help you find a new job -but if you like your current employer and believe you can grow there, it’s often a good idea to ask for a raise. If you believe you should be paid more for the work you do and want to do something about it, you have two choices: find a new higher-paying job or ask for a raise.īoth of these job choices can introduce new anxieties, but they’re each a gateway to new opportunities. In this video, we explain how to ask for a raise, how to calculate your ask, measure your contributions and help you earn what you deserve. A strong alcoholic drink can be potent, but not firm.Related: Asking For A Raise: A How-To Guide To Earn What You Deserve Powerful, potent, and firm are synonyms for strong. A person with a strong voice can have a powerful voice, but not a potent voice. For example, we can describe either a person or an idea as brilliant, but only a person can be astute. Synonyms are often used in different collocations, too. For example, the words smart and wise. Both of them mean “intelligent,” but the word wise also implies that the person has additional good judgement and deep perception about life. Keep in mind that some synonyms in the list below might not be “perfect” synonyms – there may be slight differences in meaning and connotation. Buy and purchase are also synonyms – although we tend to use “buy” in a more informal context, and “purchase” in a more formal context. A synonym is a word with the same or a similar meaning as another word.įor example, the words big and large are synonyms.
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