How to Ask for a Raise (amid economic crisis): 7 TIPS + SCRIPT to Get a Pay Rise

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  • Опубликовано: 1 июл 2024
  • How to ask for a raise at work! With inflation rising and your living costs increasing, you might be considering asking for a raise at work. Even though many companies are tightening their budgets right now, for some high achieving professionals that the company wants to retain, there is still some room for you to ask for a raise at work. However, you need to approach it very carefully and set the stage well so you can be in the best position to get a raise at work and negotiate a pay rise.
    Salary negotiation often brings a lot of confusion and stress to the employee. How do you know your boss will give you a raise? What if they're offended by you asking for a raise? All of these concerns are completely normal. That is why you should only ask for a pay rise in the situations I outline in this video.
    Once you've decided that you can ask for a pay rise, you should shift your attention to setting the stage to give yourself the best chances you will get that raise! I delve into 7 tips in this video that will guide you in the right direction.
    At the end of the video, I share with you an example of how you can ask your boss for a raise at work, I.e., what you can say to ask for a pay rise.
    If you're considering asking for a raise at work, then this is the video you need to watch!
    Timestamps:
    00:00 How to ask for a pay rise
    1:00 When can you ask for a raise at work
    01:29 Step 1: Research
    02:51 Step 2: Take on more responsibility
    04:05 Step 3: Communicate your worth
    05:15 Step 4: Collect indicators of your wins
    06:28 Step 5: Why you deserve it, not why you need it
    07:54 Step 6: Your future potential
    08:29 Step 7; Practice
    09:15 Example script to ask for a pay rise
    10:59 What to write in email to your boss
    ✍️ BLOG POST - HOW TO ASK FOR A PAY RISE (+ TEMPLATE SCRIPT)
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Комментарии • 27

  • @soufwesthoustontx
    @soufwesthoustontx Год назад +42

    My boss agreed to give me a raise and never did. Lied for 6 months about being in the process of, "working on the raise." Then when I addressed him about it he flat out said it won't happen and get over it. Worked there two years, was one of the top employees, and was super passionate about my job. Unfortunately, the lying over the raise was just a tactic to keep me hanging on. Now I'm learning from this experience and won't allow myself to be taken advantage of in the future. I plan on sticking rigidly to job duties. Nothing more and nothing less.

    • @kararonin
      @kararonin  Год назад +6

      It's a shame you've had the experience. I think it's on the rare side so don't completely lose trust in your other employers.

    • @mihaeladog7187
      @mihaeladog7187 Год назад +8

      Learned this lesson long time ago.So I never ever go beyond and above and when shift is over I leave. Not a minute extra.

    • @soniabiswas8025
      @soniabiswas8025 Год назад +8

      M in the same boat.Waited for n year now.Mentally stuck..n confused over what shud b my next step.

    • @soufwesthoustontx
      @soufwesthoustontx Год назад +9

      @@soniabiswas8025 Honestly plan your exit. It only gets worse. People will do what you allow. By staying you are showing you will tolerate mistreatment. A company that lies and takes advantage of an employee will never respect that employee. They never did. Leave before you get anymore emotionally, mentally, and physically drained. It's hard to get back on track once those three things have been compromised.

    • @Rodzilla-wi1yu
      @Rodzilla-wi1yu Год назад +1

      Kara, if you received a great offer from another company, what would you do? Would you leverage your offer by seeing if they match or ask for a raise using the tips you mentioned?

  • @anapslima
    @anapslima 4 месяца назад +1

    This is the best video I found about asking a raise! Thank you so much

  • @carolinac4406
    @carolinac4406 Год назад +1

    Excellent content. Thank you!

  • @sri20141
    @sri20141 8 месяцев назад +1

    I like the way you hold the engagement by pointing to the next interesting voice 11:46

  • @thestandoutpodcast
    @thestandoutpodcast Год назад +15

    And above all, you should approach the conversations with confidence as if you ask for more salary, you’re going to be taken more seriously. So valuable content, thank you

    • @kararonin
      @kararonin  Год назад +1

      I'm glad you liked it. Thank you!

  • @savingwithsyndee5195
    @savingwithsyndee5195 Год назад +1

    I received an annual increase Dec. Today April I submitted a resignation letter. I received a counter offer. Would it be okay to say: I don’t want to accept the counter offer however i rather receive a raise instead of a counter offer ?
    I’m on a project at property have been able to increase our monthly revenue, minimize the property’s violation count. I always go above n beyond, I work late when needed with no pay bc I’m salary.

  • @mk273
    @mk273 4 месяца назад +1

    Does pay raise happens besides annual increase?

  • @VKAMA-br7tt
    @VKAMA-br7tt 5 месяцев назад +1

    Can this be through email or through physical talk

  • @theLiterSide
    @theLiterSide 7 месяцев назад +1

    Another point that my supperiors have never had a good answer to is to link your performance ratings to your compa ratio. If your performance is consistantly rated as top or above averge but your compa ratio is below 1.0 (average) that doesnt make sense and just means that for your performance you are being paid below average for you job grade and role.
    Also, know the financial statements and performance of your company. Like i am in the situation i just mentioned and the first thing my managers say is there is no budget for further salary increases, but my conoany publishes a consisten $1bn dollar net proffit... so no budget is bullshit for the employees who perform, as evidenced by ratings, and help deliver that net proffit.

  • @learninghome5396
    @learninghome5396 Год назад +3

    I need an advice please!
    It's been 5 months since i joined my company as a fresh graduate electrical engineer. Now, they promoted me to a team leader. My team is made of 3 freshers that i should train. My team is involved in the top1 project of the company Oil&Gas?
    I have always the same salary and want a raise!
    Is is a good decision??
    Should I go ahead!?

    • @kararonin
      @kararonin  Год назад +5

      Since you now have different responsibilities and duties, your pay should reflect that. You're currently a team leader but have the salary of entry level. This isn't right. Watch the videos on my channel about asking for a payrise to do it right

    • @learninghome5396
      @learninghome5396 Год назад +1

      @@kararonin I'll do it thank you so much!

  • @thisisseaurchin9089
    @thisisseaurchin9089 Год назад +2

    I just ask for a raise and said because I like money and got one. I work blue collar tho

    • @kararonin
      @kararonin  Год назад +3

      Haha! That's a great reason to get a raise. I'm glad that you got your raise by being direct and straight to the point.

  • @elenagavrilova3109
    @elenagavrilova3109 5 месяцев назад +1

    I am not sure I understand the message, feels like there is justification of the fact that HR and managers know that this employee matches all expectations, is paid lower than average and did not have salary review more than a year (HR and managers are paid for this , they know real salaries, no?) and.... they are waiting when this employee will come and will explain them things they already know... in other words "if employee is not asking this is very good for us (cost cutting, etc..), if he/she is asking, let the employee prove he/she deserves". As a result employee... leaves. Leaves not because of possibility of rejection, it is just ridiculous, can you imagine how much cool things could have been done instead of these useless talks?