Is It Okay To Ask Your Boss For A Raise - PowerPoint PPT Presentation

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Is It Okay To Ask Your Boss For A Raise

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Willis Consulting is a financial services recruiting firm. Our finance job recruiters are experienced and know where all the job opportunities are. If you are seeking a financial advisor, broker, or banking job, call us at 310-373-7400 or submit your resume: . Visit the website: www.willis-consulting.com/ Willis Consulting, Inc. Los Angeles Office: Corporate Headquarters 719 Yarmouth Road, Suite 203 Palos Verdes Estates, CA 90274 310-373-7400 PST Scottsdale Office 8970 E Raintree Drive Suite #300 Scottsdale AZ 85260 New York Office 244 5th Avenue, Suite 1855 New York NY 10001 212-726-2041 PST – PowerPoint PPT presentation

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Title: Is It Okay To Ask Your Boss For A Raise


1
Is it Okay to Ask Your Boss for A Raise?
2
The art of asking for a raise is a delicate one
that has been studied by both workers and experts
for generations.
3
Whether, in fact, its okay to ask your boss for
a raise depends on a number of factors, and these
matters can help, or hurt, your odds of success
in achieving your goal.
4
Timing is Everything
5
Understanding the importance of timing your
request for more money is paramount to getting
your raise.
6
When salary freezes are in effect, employees
should understand that this means the company is
making fiscal adjustments that can be critical
for the future.
7
Even in normal times, raises are generally doled
out once a year.
8
Positions such as financial advisor or other
levels that are time or tax sensitive levels may
receive compensation at, or after, the end of the
year.
9
Start making your request known two or three
months before the scheduled review. Unless there
is some extraordinary circumstance that will
favor your request for a raise, you should time
your request to dovetail with the companys
timetable for financial matters.
10
Know Your Strengths
11
Before approaching your boss for a raise, you
should have set the groundwork for making a case
for an increased salary.
12
Make note of your contributions to key projects
or additional hours you have worked to advance
the companys stated goals.
13
Your boss may not always be aware of your
dedication to these projects.
14
Its your task to ensure that he or she is aware
how valuable your contribution has been.
15
Dont be afraid to sing your own praises so that
the boss knows the details of your
accomplishments with the company.
16
Be Realistic in Your Expectations
17
Experts recommend knowing what you want and
ensuring that it is a realistic request given the
nature of your work, as well as the current
financial position of the company.
18
If you have only been at the company for a short
time, have recently had to take a leave from your
duties or have not otherwise provided significant
value for the company, you will have a difficult
time making an acceptable case for a raise.
19
Instead, re-double your efforts make your work
contributions noticed, in preparation for a
salary increase in the future.
20
Its also important to make yourself aware of the
traditional rate of increase in the company, and
dont go too far overboard in asking for more.
21
If Refused, Find Out What You Can Do Improve Your
Odds
22
Rejection can be hard to take, especially if you
feel you have been giving your all to your job
over the past year.
23
A no answer right now doesnt necessarily mean
a no answer forever. Pay increases are most
frequently based on merit, and you can use this
fact to help your chances in the future.
24
Dont be afraid to ask your boss what it would
take to increase your odds of a wage increase in
the future. Express your willingness to take on
additional projects to help make your case in the
future.
25
This enthusiasm for your job will help you to get
a more favorable response at another time.
26
Planning to apply for a new job?
27
Speak with the experienced financial advisor
recruiters of Willis Consulting Inc.
28
They can help you land the position you want.
29
See our open positions at www.willis-consulting.co
m
30
Willis Consulting, Inc. Los Angeles Office
Corporate Headquarters 719 Yarmouth Road, Suite
203 Palos Verdes Estates, CA 90274 310-373-7400
PST Scottsdale Office 8970 E Raintree
Drive Suite 300 Scottsdale AZ 85260 New York
Office 244 5th Avenue, Suite 1855 New York NY
10001 212-726-2041 PST
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