5 Steps to Justify Your Pay Raise

  • Weak yen helps drive Japan earnings, but no cure-all

    Weak yen helps drive Japan earnings, but no cure-all

    Weak yen helps drive Japan earnings, but no cure-all

    Japan's earnings season has drawn to a close with the sharply weaker yen helping inflate profits at some of the nation's top exporters, but, some commentators warn, the drop is not all good news.

  • New Xbox more than a game console for Microsoft

    New Xbox more than a game console for Microsoft

    New Xbox more than a game console for Microsoft

    By Malathi Nayak and Bill Rigby SAN FRANCISCO/SEATTLE (Reuters) - Microsoft Corp is set to make a splash this week with the eagerly awaited unveiling of its new Xbox game console, eight years after the last version, as it seeks a larger share of the $65 billion a year global computer gaming industry. But the small device faces some big competition from the PlayStation 4 by Sony Corp and the Wii U by Nintendo Co Ltd in a shifting market. ...

  • Google's wearable Glass gadget: cool or creepy?

    Google's wearable Glass gadget: cool or creepy?

    Google's wearable Glass gadget: cool or creepy?

    By Alexei Oreskovic SAN FRANCISCO (Reuters) - Google staged four discussions expounding on the finer points of its "Glass" wearable computer during this week's developer conference. Missing from the agenda, however, was a session on etiquette when using the recording-capable gadget, which some attendees faithfully wore everywhere - including to the crowded bathrooms. Google Glass, a cross between a mobile computer and eyeglasses that can both record video and surf the Internet, is now available

  • India could face junk status, S&P warns

    India could face junk status, S&P warns

    India could face junk status, S&P warns

    India faces at least "a one-in-three" chance of losing its prized sovereign grade rating, global ratings agency Standard and Poor's has warned, amid new threats to economic growth and reforms.

  • Three new suicides at Apple supplier's China factory

    Three new suicides at Apple supplier's China factory

    Three new suicides at Apple supplier's China factory

    Three Foxconn workers have committed suicide at a factory in China in the past three weeks, a labour rights group said on Saturday.

So you asked for a pay raise, and your boss asked you to justify it. And then you ripped off your shirt, pounded your chest, and threatened him to sudden-death, five-round mud wrestling. Well the trick is to grease your elbows and…oh wait. This article is for people working in places besides MoneySmart. Well for you unfortunate lot, there are alternate steps to justifying your raise. I wrote 3,700 of them for you, but I can only publish the legal ones. So here’s five:

 

Mug saying

"Or I have another present, which is in the barrel of this silenced pistol. Which do you prefer?"

 

1. Maintain High Visibility Months Before Asking

First question: When you ask for a raise, will your boss’s response be: “Who the hell are you again?”

When working in a large company, you need a way to differentiate yourself. To stand even a half-decent chance, your boss must know you (i.e. he doesn’t refer to you as “that guy”). To be in this situation, learn to hog the limelight.

 

Cheerleading squad

"Cheerleaders in the carpark? Oh, Ryan's coming in to work."

 

Start getting visible two to three months before asking for your raise. This is important, because if you get visible too close to your asking, it’ll look contrived.

Volunteer for speaking roles in meetings and presentations. If none arise, piece together a proposal; it can be anything, from “Let’s implement a new web protocol” to “Fiscal analysis of why I’m forced to eat grass for lunch”. The important thing is the proposal:

  • Gives you an excuse to talk to your boss individually, for at least 30 minutes
  • Makes you known to your boss (or reinforces your presence)
  • Suggests you have lots of initiative, or reveals how busy you are

Just don’t propose something you can’t manage. Or something that would mean overtime for your whole department (and hence your corpse being fed through a shredder).

 

2. Start Documenting Your Achievements

 

Operating theatre

"I tweaked his kidney; when he comes back in, we can claim two successful ops instead of one."

 

Not just to show your boss either. The point of documenting your achievements is so you can structure them. Did you redo the budget reports? That’s a plus. Did you close a big contract? That’s a must-say. Did you replenish the Coke in the pantry? Best leave it out, it’d sound pathetic.

When you have everything in writing, you’ll be confident when negotiating. Have everything in a mess, and your argument will be along the lines of: “Hmmm, ah, err…I good.” Of course, your boss might want some proof, so put your documented achievements in a nice folder. Include work samples if you can, and client testimonials.

One thing that plenty of people miss: Print e-mails which thank or congratulate you on work well done. Attach these to the relevant documents, to show you make a difference on the team.

 

3. Work Out a Deal

 

Naked man in front of two female sketch artists

"I'm not telling you how I got that raise. Just…lucky I have abs, that's all I'm saying."

 

Once you’re in the limelight and have your achievements ready, you can start talking about the raise. But don’t charge through the doors and start going on about one. Instead, play with variations of this magic question:

“What can I do to justify a raise?”

If your achievements are on par, there may not even be conditions. Your boss might just explain that there’s a budget, or that you’ll have to wait for the opportunity. In which case, you either start looking for work elsewhere, or wait and see.

Otherwise, work with your boss in setting targets. Agree on quantifiable results, such as “increase sales closures by 10 cases a month”. Dodge subjective goals, like “Make kewl websites that crack people up.” You may want to line up some targets of your own, so you’re prepared once the negotiating starts.

 

4. Gentle Follow-Up

 

Three cellphones

"I got too pissed off to process your raise after the 4700th SMS".

 

If you agree on goals with your boss, remember to broadcast them as you reach them. It’s not just a gentle reminder; you want to suggest you’re serious about those goals. It makes bosses reluctant to back out; it’d be like slapping a puppy.

If your boss established a date to get back to you, remind him. Contact your boss close to the day (or month) and ask how things look. Don’t ever get whiny or pushy about it, no matter what your instincts demand. Remember, instincts are the same thing that make you scream like a little girl and shame yourself at horror flicks. Don’t listen to them.

If your boss says “no word,” just accept it and ask when you should check again. Believe me, it will nag at them even more. And if this is the third or fourth time they’ve bailed on you, it’s best to start brushing off the resume. Either your work is under-appreciated, or your company sales are the punch-line to recession jokes.

 

5. Check If You’ve Hit The Limit

 

Dancing business presenter

"I think there's a limited market for stand-up comedian-come-bankruptcy-aids."

 

Whether or not you get your raise, end the process by checking your salary limit. Understand that every role has a maximum salary cap; the pantry lady will never earn more than the general manager, and the HR consultant will never earn more than the CEO.

The easiest way to assess this is through pay comparison sites. If your current salary is in the 71st percentile or above, you have as much chance of a raise as Bin Laden did with the Nobel Peace Prize. If you’re in this category, accept that you’ve hit your salary limit; nothing short of a major job change will help you.

Otherwise, show your boss you make less than others in your field. Emphasize that you’re not threatening to leave; it’s just that your pay isn’t commensurate with your work. This will compel him to do some research, and you may succeed the next time around.

Image Credits:
Kumar Appaiah, SD Dirk, Army Medicine, quinn.anya, compujeramey, jurvetson, comedy_nose

How were you able to justify your raise? Comment and let us know!

Get more Personal Finance tips and tricks on www.MoneySmart.sg

Click to Compare Singapore Home Loans, Car Insurance and Credit Cards on our other sites.



More From MoneySmart
  • Filipino assaulted by 4 Taiwanese in Tainan

    Taipei (The China Post/ANN) - Police confirmed that a Philippine worker was attacked by four Taiwanese and beaten with iron sticks and baseball bats in Tainan City on May 16 following the recent heated dispute between Taiwan and the Philippines.

  • Villar, Ejercito, Honasan named last Senators-elect
    Villar, Ejercito, Honasan named last Senators-elect

    The Commission on Elections (Comelec) will proclaim more winners in the senatorial race Saturday night, amid criticisms of "premature" proclamations.

  • Some Chinese tourists 'uncivilised': top official
    Some Chinese tourists 'uncivilised': top official

    The dire manners and "uncivilised behaviour" of some Chinese tourists abroad are harming the country's image, said a top official who lamented their poor "quality and breeding", according to state-run media.

  • Sotto insists Catholic vote exists
    Sotto insists Catholic vote exists

    Manila, Philippines --- Senate Majority Leader Vicente Sotto III yesterday disputed claims that the election results showed there is no Catholic vote.

  • Nancy Binay shows up at her proclamation
    Nancy Binay shows up at her proclamation

    Now, she's coming. The daughter of Vice President Jejomar Binay will show up at her first proclamation as an elected official at the Philippine International Convention Center (PICC) Forum in Pasay City Saturday.

Loading...

Editor’s note:Yahoo! Philippines encourages responsible comments that add dimension to the discussion. No bashing or hate speech, please. You can express your opinion without slamming others or making derogatory remarks.

Odd Stories

  • Winning ticket for $590.5 million Powerball lottery sold in Florida

    Winning ticket for $590.5 million Powerball lottery sold in Florida

    Reuters - 10 minutes ago
    Winning ticket for $590.5 million Powerball lottery sold in Florida

    By Karen Brooks and Steve Gorman (Reuters) - A single winning ticket for a record U.S. Powerball lottery jackpot worth $590.5 million was sold in Florida, organizers said late on Saturday, but there was no immediate word about who won or where in the state the ticket was bought. The winning numbers from Saturday night's drawing were: 10, 13, 14, 22 and 52, with a Powerball number of 11, and the odds of winning were put at one in 175 million. The grand prize, accumulated after two months of

  • Powerball jackpot could go higher than $600 million

    Powerball jackpot could go higher than $600 million

    Reuters - 8 hours ago
    Powerball jackpot could go higher than $600 million

    By Karen Brooks AUSTIN, Texas (Reuters) - The Powerball jackpot Saturday night could exceed the $600 million figure being advertised, possibly rivaling the largest lottery payoff in U.S. history, a Texas Lottery official said on Saturday. "Oftentimes, the advertised amount is lower than what the actual jackpot ends up being," said Kelly Cripe, a spokeswoman for the Texas Lottery. "It's entirely possible this $600 million jackpot will end up being a bigger jackpot. ...

  • Denmark favorite to win Eurovision Song Contest

    Denmark favorite to win Eurovision Song Contest

    AP - 16 hours ago
    Denmark favorite to win Eurovision Song Contest

    MALMO, Sweden (AP) — An ethno-inspired flute and drum tune from Denmark is the bookmakers' favorite to win this year's Eurovision Song Contest on Saturday, which also features a bizarre opera pop number from Romania and an Armenian rock song written by the guitarist of Black Sabbath.

  • Canadian astronaut wrestles with gravity after spaceflight

    Canadian astronaut wrestles with gravity after spaceflight

    Reuters - Fri, May 17, 2013
    Canadian astronaut wrestles with gravity after spaceflight

    By Irene Klotz CAPE CANAVERAL, Florida (Reuters) - Back on Earth, Canadian astronaut and cyberspace tweeter Chris Hadfield is getting a rough re-introduction to gravity after a five-month stint aboard the International Space Station, the former commander told reporters during a video webcast from Houston. Hadfield became a social media rock star with his zero-gravity version of David Bowie's "Space Oddity" and a continuous stream of commentary on Twitter about his life in orbit. But living

  • Idaho man sentenced to seven years for killing zoo monkey

    Idaho man sentenced to seven years for killing zoo monkey

    Reuters - Fri, May 17, 2013
    Idaho man sentenced to seven years for killing zoo monkey

    By Laura Zuckerman (Reuters) - An Idaho man who admitted to breaking into a Boise zoo last year and killing a monkey was sentenced to seven years in prison on Thursday, court records show. Michael Watkins, 22, of Weiser, Idaho, in March pleaded guilty to attempted grand theft, a felony, and misdemeanor animal cruelty stemming from the break-in and beating death of the monkey at Zoo Boise in November. The primate was one of the zoo's two Patas monkeys, ground-dwelling animals from Africa that

  • 25 years of feeding a city’s body and soul VERA Files - The Inbox

    Text and photos by Elizabeth Lolarga,VERA Files It is apropos that a café founded by artists, writers and other individuals who operate outside society’s margins should mark its 25th year as a now respected Baguio institution with music, poetry and … Continue reading →

  • A festival to celebrate 133rd birthday of Sarung Banggi composer VERA Files - The Inbox

    By Pablo A. Tariman, VERA Files Bicol composer Potenciano Gregorio-- who penned the famous Bicol love song, “Sarung Banggi”-- turns 133 on Saturday (May 18) with a festival carrying the name of his composition. But his famous love song has … Continue reading →

  • Filipino workers paying the price for Malacañang’s bungling Ellen Tordesillas, Contributor - The Inbox

    Commentary By Ellen Tordesillas It took a week for President Aquino to realize that the killing of a Taiwanese fisherman by a member of the Philippine Coast Guard team in the disputed waters of South China Sea could lead to … Continue reading →

  • Hot water treatment produces sweet, juicy mangoes VERA Files - The Inbox

    By Leilanie G. Adriano, VERA Files At the warehouse of farmer Ricardo Tolentino in Laoag, Ilocos Norte are the sweetest and juiciest mangoes, courtesy of a hot water treatment developed at the Mariano Marcos State University (MMSU). The technology was … Continue reading →

  • Daisy Hontiveros Avellana: A lifetime of theater VERA Files - The Inbox

    By Pablo A. Tariman, VERA Files The First Lady of Philippine Theater, Daisy Hontiveros-Avellana, made her last true-to-life stage exit on a Mother’s Day, May 12. She was 96. Those who missed her prime as a stage actress should turn … Continue reading →

POLL
Loading...
Poll Choice Options