Hello, this is Laura Lee Rose – author of the business and time management books TimePeace: Making peace with time – the The Book of Answers: 105 Career Critical Situations – and I am a business and efficiency coach that specializes in time management, project management and work-life balance strategies.
Today’s discussion is regarding how to get that deserving raise. I have a more detail online, self-study course on this topic
Get That Well-Deserved Raise START HERE
Added Bonus: The Book of Answers: 105 Career Critical Situations (a $24.00 value on its own)
Below is a quick excerpt from that online course.
Have this ever happened to you? You get a great performance review; they are very pleased with your work; they say they would like to give you a raise — BUT, due to budget problems, it is not possible at that time. What do you do to succeed?
The old adage of “hitting while the iron is hot” is significant here. First, congratulate yourself for recognizing and acknowledging that you have the power to make this situation better.
1) Get the performance evaluation and desire to give you a raise in writing.
2) If they cannot give you a raise at this time, it’s not unreasonable to wonder when they will be able to give you a raise. Ask them and get that in writing as well. Conduct yourself as though you truly believe them when they way that you are deserving a raise and that they do want to give it to you.
3) Requesting another salary review every 3 months or every quarter is a way to keep this discussion on the table. If they don’t know when they will be able to give you a raise, ask to have another salary discussion every 3-4 months. Then follow-up and schedule those salary discussions. (Squeaky wheels get the grease). You should already be having frequent one-on-one manager meetings (outlined in the Professional Development Toolkit) – so you merely have to periodically bring this topic up in the already scheduled meetings.
4) Discuss alternative compensations that your manager has discretion over. This allows him to give you what you want without having to go above his head :
- 4 day work week schedule; flex time; working from home
- Additional vacation days
- Extra time off
- Allowed to do some community service or volunteering a few hours a month to your favorite charity during work hours.
- Reimbursement for professional association membership, industry related journals, subscriptions, magazines.
- Reimbursement for higher certifications, licenses, additional degrees in the company’s industry.
- Travel on the company’s dime via customer visits, speaking engagements at out-of-town trade-shows, user conferences, and technical seminars.
- Reimburse for home internet fees because you sometimes work from home
- If your company does donations or charity work – see if your charity is listed and/or ask it to be listed.
5) Do your homework.
- Continue to excel in your performance and career. Continue to log, track and measure your own performance in regards to your individual development goals as well as the company business goals. The more revenue you bring into the company, the easier it is for them to give you that raise.
- Conduct industry salary investigation. If you can show that you are currently underpaid in comparison to the industry standard in your region, you have additional ammunition on you side. http://www.payscale.com is just one website that can help you with your investigation.
- Find out things that the company is already doing in regards to education reimbursement, charity donations, travel opportunities, matching funds, speaking engagements at conferences, flexible work hours, etc. It will be easier for them to approve your requests if they already have a precedence.
- Understand the company’s vision, mission and business goals. Then align your compensation requests along those goals.
Even if you have allowed the salary discussions to cool down, there are certainly things you can do now, to re-start the salary discussion. If you would like more information on that, please consider purchasing the IT Professional Development Toolkit or invest in a one-on-one Coaching package.
Christmas Bonanza:
The holidays are a great time to take stock and refocus on your personal and professional lives. I have just released a set of online, self-paced courses that help eliminate time wasters, increase your efficiency as a telecommuter, boost your career in 2013, and get that well-deserved raise.
Below is my Christmas gift to the SV Project Management group. Please enjoy. Most of these are free through the holidays
10 Career Boosting Resolutions START HERE
Every year, many people explore New Year Resolutions. But I’m not here to talk about New Year Resolutions. I want to discuss changes that will boost your professional career to the next level. These career boosting tips will assure that you have a happy and prosperous career.
10 Hidden Time Wasters that you might be doing START HERE
Many of us have complained about the lack of time at one time or another. If you are consistently running out of time, there may be a few things that you are unknowing doing. Some of the top hidden time wasters are below. We often fall into their trap because we don’t readily recognize them.
10 Career and Time Management Tips for Telecommuters (START HERE)
The advantage of working from home can also be its downfall. Telecommuting allows for a more flexible schedule which often leads to career management issues. Here are some important tips to keep telecommuters and home-businesses on track.
Get That Well-Deserved Raise START HERE
You have been doing excellent work in everything that has been asked of you. You have been putting in long days and even weekends to make sure your team succeeds. You have great working relationships to your co-worker and team mates. Yet that raise and bonus has been elusive.
This course will outline the mistakes that limited your chance for a raise and how to avoid them.
Added Bonus: The Book of Answers: 105 Career Critical Situations (a $24.00 value on its own)
Professional Development Toolkit START HERE
All the Tools You Need to Get Ahead
Keeping a fast-paced, professional career can be challenging. There always seems to be too much to do, too many ideas to decide upon, and not enough time in a day. And sometimes it’s really hard to tell what career and business advice applies to you and what doesn’t.
Wouldn’t it be nice to have access to a secret vault of resources that help you save time and plan smart, plus give you actionable steps to kick-start your advancement and demystify what it takes to be successful? I mean, that’s practically everything you could ever need to be successful and advance in your chosen profession? The good news is, it’s not a secret!
Our Professional Development Toolkit combines four learning media into one powerful set of strategy, insight, and actionable ideas so you can get momentum in your career today. We have a knack for taking big ideas and converting them into smart, sound, and actionable ideas. We have practice scenarios in real-world, real-life working environments to inspire the required change in you and those surrounding you.
Try it and let me know what you think
