How to Ask for a Raise Even Through a Recession
There are seldom cases where people ask for raises during tough times
. There is a financial issue that companies probably face and it could prove to be difficult for an employee to ask for a raise. Perhaps if your company is experiencing bankruptcy then it would be considered a whole different story, but if there are other employees of the company that are enjoying the benefits of high salary then this guide on
how to ask for a raise even when there is a recession could be of big help.
Even when companies consider times to be bad, they are still obligated to keep their top performers happy. It is important that companies recognize their best employees, especially those that are bringing in the deals that contribute to the company's profit. It is an investment to keep good compensations for a company's top employees because things could turn out for the worst if they actually lose these employees.
Before you actually consider asking for a raise, it is best to evaluate yourself first. Ask yourself if you really believe that you deserve a raise and see if you can consider yourself a top employee of the company. It is also best to know the proper compensation and pay that is right for your position in the company in relation to the contribution you have done for it. Perhaps if you know of any recruiters you could consult them regarding the proper pay relative to your position in the company.
Once you are able to evaluate your value to the company that you work for, perhaps this would be the right time to set a meeting with your higher ups. Carefully discuss your salary concerns with your boss and respectfully state your claim as to why you are deserving of this request. Perhaps this would be a good time to remind the company of the various accomplishments that you have achieved over the years. This is also a good chance for you to present your goals and personal expectations so that your boss can see your aspirations for the company.
While you are meeting with your boss, remember not to sound like you are imposing. This is a good time to share your research about how much you think your value is to the company in relation to the raise that you want. Like all salary demands be prepared for compromise that could be offered to you. Probably you will not get everything that you ask for, but reaching an understanding makes you and your boss happy.
Remember that even when times aren't so good, you can still discover
how to ask for a raise. If you believe that you deserve your request then ask for it and know how to do it right.
How to Ask for a Raise Even Through a Recession
By: Anna Goco
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