Question: How Can I Motivate My Salary Increase?

How do you write a justification for a salary increase?

General Purpose of the Letter In the opening paragraph, say that you have enjoyed working with the company and include your job title and length of employment.

Then say you are writing to request a salary increase.

Briefly touch on why you are making the request..

How do you counter offer salary example?

I would like to meet with you regarding the salary and benefits you have offered before I make a final decision. I feel that with the skills, experience, and contacts in the industry that I would bring to Witten, further discussion of my compensation would be appropriate. Thank you very much for your consideration.

How long should you wait before asking for a raise?

six monthsIf you just started a new job, or if you’re at the same job and starting a new role, Salemi says you should wait at least six months before asking for a raise. Anything sooner, she says, is “not enough time for you to prove yourself as a valuable asset to the company.”

How do I ask for a pay raise?

How to Write a Letter Asking For a RaiseDo your salary research. You’re not going to get very far if the amount you ask for is not in line with the realities of today’s job market. … Pick the right time. … Make the request. … Back it up. … Offer appreciation for the consideration.

Is asking for a 20 raise too much?

As a general rule of thumb, it’s usually appropriate to ask for 10% to 20% more than what you’re currently making. That means if you’re making $50,000 a year now, you can easily ask for $55,000 to $60,000 without seeming greedy or getting laughed at.

How do you prove you deserve a raise?

Share your goals and ask for feedback.Proactively communicate wins.Demonstrate your accomplishments and added value.Focus on why you deserve it (not why you need it).Practice your pitch and anticipate questions.Do your research.Talk about the future.Be prepared to hear no.

How do I ask my boss for a raise example?

Here’s an example script for asking for a raise: “Thank you for taking the time to meet with me today. In my current role, I’m excited to keep working towards key company goals and grow my personal responsibilities. As a result, I’d like to discuss my salary.”

What are good reasons to ask for a raise?

Here are seven reasons to ask for a raise.1) A Positive Attitude. Don’t underestimate likability. … 2) Going Above & Beyond. … 3) Always Growing & Improving. … 4) Unceasingly Reliable. … 5) A Team-first Attitude. … 6) Confidence and Preparedness. … 7) A Vision for the Future.

What is a reasonable pay rise?

At bare minimum, a good raise percentage is ideally a rate that can counter the inflation rate. This means that if inflation is at 2.3 per cent for the year, the increase you’ll need to maintain your current lifestyle should be a minimum of 2.3 per cent of your current base salary.

How do you politely ask about salary?

If you’re asking about salary, use the word “compensation” rather than “money and ask for a range rather than a specific number. Likewise, if you want to find out about work-life balance, it may be more useful to approach the topic in terms of “office culture.”

What do you say to negotiate a higher salary?

11 Words and Phrases to Use in Salary Negotiations“I am excited by the opportunity to work together.” … “Based on my research…” … “Market” … “Value” … “Similarly situated employees“ … “Is that number flexible at all?” … “I would be more comfortable if…” … “If you can do that, I’m on board.”More items…•

How do I talk to my boss about salary increase?

tips on how to navigate the process and pitch your boss on a salary increase in the most effective way possible.Do not hesitate. “Conversations on salary hike should be upfront and candid. … Be objective. Try to initiate objective discussions with your supervisor. … Fix appointment. … Avoid comparisons. … Be positive.

Can you lose a job offer by negotiating salary?

Most importantly, know this: If you handle the negotiation reasonably and professionally, it’s highly unlikely that you’ll lose the offer over it. Salary negotiation is a very normal part of business for employers. Reasonable employers are used to people negotiating and aren’t going to be shocked that you’d attempt it.

How much should I counter offer salary?

A good range for a counter is between 10% and 20% above their initial offer. On the low end, 10% is enough to make a counter worthwhile, but not enough to cause anyone any heartburn.