Aside from the satisfaction that comes with enjoying your job, a lot of young people accept jobs because of the financial benefits, but how can you ensure that you are constantly climbing the financial ladder in your sector?
Tips On How To Negotiate Your Salary/ Salary Increase
1. Know-How Much You Are Worth
Before requesting a meeting with the HR or your team lead about salary negotiation or a salary increase, you need to be aware of your value in the sector. Your value will be dependent on factors such as your skills, capabilities, competencies, qualifications, and years of experience in the industry.
Read More – Work Tips: 4 Tips For Gaining Visibility In Your Sector With InspiredByGlory
2. Prepare In Advance
Research about the company and what they offer other employees at that level(from senior to mid-level and entry). Also, make a comparison of the offer with what other companies in the sector offer for said role and prepare to ask for more.
If you already work for the company, plan in advance before meeting your boss(a little prep never hurt anybody)
3. You Have To Be Confident
You need to be confident, and optimistic when having a discussion about salary Increase.
Be positive and sell yourself excellently to the board. Speak about your skills assertively and give some humblebrags about your achievements/milestones in the company.
4. MEET YOUR KPI
If you are going to request for a raise or maybe negotiate your salary, make sure you have met your objectives and delivered on your KPI (Key Performance Indicator). This gives your request credibility and lets the company know that you are qualified.
I hope you found this helpful.
Goodluck.
