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Answer You - Job Do's and Don't Of Asking For A Raise
The finance industry is one of the largest sectors in most developed economies and as such offers many opportunities to build an exciting and rewarding career. One area which attracts much attention is investment banking. It’s a high profile part of the industry because of the types of business that it specialises in – arranging stock market listings, mega-bond offerings and takeovers for businesses seeking financing and expansion. It is also one
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DO
1. Devise a “Plan of Action”. First and foremost, get a strategy together. Make a note of the specific projects you’ve undertaken and the results you’ve accomplished. List all of your job skills and the features that make you an asset to this company. Find out what a typical raise is for someone with your experience in your area of occupation. Know the facts and be realistic in your request.
2. Ask for an amount that’s slightly higher than one you would be happy with. If you would be happy with a 5% raise, ask for one a couple of points above it. That way, if your boss starts to negotiate, you won’t feel as if your worth has been diluted any by getting less than what you feel you deserve.
3. Remember, your boss shouldn’t be the only one negotiating. If your company is going through a slow period or the economy is down, try to be flexible and know how to respond if your boss suggests a lower amount than what you may have been expecting. Consider other ways of getting a raise too, such as additional vacation time, employee perks or more time off. All of these can be just as good (if not better!) than an actual amount of money.
4. Choose a specific day and time to meet with your supervisor about your raise request. Avoid choosing a Monday or Friday when bosses are at their busiest. Studies have actually shown that people are more receptive on a Tuesday or Wednesday after lunch. That way, they’re not thinking about the weekend or their stomachs while you’re getting up the nerve to ask about a raise! If you’re afraid of being inte
Searching for a legitimate business opportunity takes time and research. There is no business opportunity that you should ever get into that makes unrealistic demands. If there is a sense of urgency, a one time only offer that ends tomorrow, or an extremely reduced price offer, you should know that there is something wrong. There are other things to look for as well.Illegitimate business opportunities try to pressure searching entrepreneurs into making decision
2. Ask for an amount that’s slightly higher than one you would be happy with. If you would be happy with a 5% raise, ask for one a couple of points above it. That way, if your boss starts to negotiate, you won’t feel as if your worth has been diluted any by getting less than what you feel you deserve.
3. Remember, your boss shouldn’t be the only one negotiating. If your company is going through a slow period or the economy is down, try to be flexible and know how to respond if your boss suggests a lower amount than what you may have been expecting. Consider other ways of getting a raise too, such as additional vacation time, employee perks or more time off. All of these can be just as good (if not better!) than an actual amount of money.
4. Choose a specific day and time to meet with your supervisor about your raise request. Avoid choosing a Monday or Friday when bosses are at their busiest. Studies have actually shown that people are more receptive on a Tuesday or Wednesday after lunch. That way, they’re not thinking about the weekend or their stomachs while you’re getting up the nerve to ask about a raise! If you’re afraid of being int
Why do you think you need a direct hire in order to make a living? It seems that 99% of ‘direct hire’ job seekers are looking for security above everything else. But the truth of the matter is that over the past 2-3 years the bulk of companies in America experienced a slowdown and were forced to layoff both contract employees as well as direct employees; but when things started coming back around in 2004, guess who those same companies hired back first….the contractor
3. Remember, your boss shouldn’t be the only one negotiating. If your company is going through a slow period or the economy is down, try to be flexible and know how to respond if your boss suggests a lower amount than what you may have been expecting. Consider other ways of getting a raise too, such as additional vacation time, employee perks or more time off. All of these can be just as good (if not better!) than an actual amount of money.
4. Choose a specific day and time to meet with your supervisor about your raise request. Avoid choosing a Monday or Friday when bosses are at their busiest. Studies have actually shown that people are more receptive on a Tuesday or Wednesday after lunch. That way, they’re not thinking about the weekend or their stomachs while you’re getting up the nerve to ask about a raise! If you’re afraid of being int
Business Mail Forwarding, have you heard of it before? If not and you are a small to medium sized business owner, you are urged to take the time to familiarize yourself with business mail forwarding. It might just be the extra push that your business needs to begin seeing profits.Business mail forwarding is a service that is offered to many business owners. It involves giving business owners an alternative address, which can also be used as their business mai
4. Choose a specific day and time to meet with your supervisor about your raise request. Avoid choosing a Monday or Friday when bosses are at their busiest. Studies have actually shown that people are more receptive on a Tuesday or Wednesday after lunch. That way, they’re not thinking about the weekend or their stomachs while you’re getting up the nerve to ask about a raise! If you’re afraid of being int
Many people wish to work for themselves and owning your own business is a career choice, which should be considered if you are a motivated self-starter. Considering a franchise is also a good choice if you have never run a business before and leaving Corporate America for self-employment and making this part of your dream.In Franchising much is based on your ability and business acumen, if you run your business properly, good customer service you win, if you ch
DON’T
1. Raise your tone of voice if your boss objects to your raise at first. Remember, he or she is paying you to do a certain job, and you’re asking for more money to do the same job. Be professional and polite at all times, and listen more than demand. Chances are, if your supervisor doesn’t award you a raise, they might hint at what else could be done to earn it. If they don’t, don’t be afraid to ask what steps would be necessary to “prove yourself”.
2. Threaten with quitting if you don’t get the raise or telling your boss you have another job offer unless you actually do. He may just call your bluff and let you go!
3. Stumble or beat around the bush with your request. Be straightforward and confident. You are a valuable member of a team and the supervisor hired you because they obviously thought you were the best qualified. If you have “Thank You” notes from customers or letters from the company praising you for a job well done, bring those to your meeting as well, as they’ll help to cement your request and remind your supervisor of your role within the company and its progress.
4. Compare yourself to, or talk negatively about your coworkers or others in a position higher than you. You may think that this will put you in a positive light when it comes to a promotion or a raise, but to your boss
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