How To Ask Your Boss For A PAY RAISE Or PROMOTION?! (ft. Crystal Lim-Lange) | The Hop Pod Ep.37
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- Опубликовано: 9 июл 2024
- Feeling like you’re deserving of a pay increment or a job promotion? Join us on this episode as we dive deep into the art of negotiating pay increments and scoring that well-deserved job promotion.
Navigating your career path can be challenging in today’s fast-paced world, especially for Gen Z professionals. In this discussion, we break down the key strategies for initiating these conversations with your boss. With our guest Crystal Lim-Lange, we’ve got you covered from understanding your market value to showcasing your skills!
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TIMESTAMPS
00:00 Teaser
00:28 Topic of the day
02:36 Why we're scared to ask for a promotion
03:26 How to know your worth and value?
06:50 What if you have no experience? (i.e. fresh grads)
08:24 When is a good time to ask for a pay raise or promotion?
11:53 How to navigate this convo with a difficult boss?
14:07 Startups vs established companies
17:37 How to negotiate for a better pay?
20:45 What if you got less than expected?
22:44 What if you're rejected?
24:04 When is it time to call it quits?
26:05 Crystal's viral tiktok video
28:33 Outro
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Thanks for having me on the pod! Promotions are always a hot button topic and I’m glad to weigin with real life stories from advising hundreds of companies from startups to MNCs. Hoping everyone gets the job they deserve ❤
Thank you for joining us! 🫶🏻
Now you are part of the Tau Geh fam !
@@JuzNickyYAY #lifegoals 😂🎉
i just wanted to say that,one of the reason i enjoy watching the hop pod,because it feels like im watching my friends,rather than some elitist celebs looking down on us poor plebs.
Perhaps it has to do with casual mannerism,even way of talking.
Thank you for sharing this helpful episode. It’s really important that employees speak up when they are looking for a pay raise. Even if it’s not successful, at least they tried. I love the part on keeping an excel/document on all your past achievements so that when it comes to appraisal, you have things to mention to your manager
Thanks so much! Glad you found it useful and best wishes!
Is it possible to ask for a pay raise in sectors that are related to the government (e.g., social service sector that relies on government funding)? How realistic is it?
Well, from my experience working in senior leadership in a university that is 70% funded by the government, we did have quite an enlightened and commercial approach to pay. I did manage to fight for off cycle promotions and keep employees who were flight risk as well as put in place additional “market rate” allowances for high performers with valuable skills. So of course it depends on many factors, how much value add you’re perceived to have, how supportive / influential your boss is, but it is not a blanket impossibility.
What we can do:
Promote or Jump and Stay Relevant
What Govt can do:
Recalibrate EP salary yearly
Understand:
Current Business sentiment
Manager’s agenda (maximising productivity with minimal resources)
Ask for a pay raise in 2021, like wtf how a music teacher that has to burn every day in a school gets net less than 2K after deductions, boss said no. I tendered my resignation straightaway, be my own boss.
Thanks for this episode and your sharing Crystal! Difficult topic but not impossible (speaking from personal experience). The first step - to ask - is always the hardest. Always appreciate your sharing these tidbits with the community. 🫰
Thanks Zoe, yes asking and assertive communication is indeed a life skill and part of adulting!