Asking for a Raise

A very effective way to keep what you have learned and studied is using the mnemonics and acronyms tools. The best yet about the mnemonic device is that it helps the brain to be refreshed quickly and spontaneously whenever the information is needed. A good example of such mnemonic tool is "WAIT". Just remember this word "WAIT" to help you to negotiate a raise effectively.

In fact, nowadays the whole world is experiencing an economic crisis, so, it is really scary for a person to negotiate a raise. However, the coming tips on how to negotiate your salary will help you to overcome the fear and get the raise.

"WAIT" acronym salary negotiation tips

Wait for the perfect momentAsk yourself some questionsInquire on how much to ask forTry to upgrade your position

Wait For the Perfect Time, To Negotiate a Raise

You should pick the right moment to negotiate your salary. Here are some examples of the perfect moments.

- If you have finished a complicated project with significant low budget, certainly it is an ideal time to negotiate your salary. Generally, after achieving targets and tasks professionally, you can ask for a raise without any fear.

- When you get great offer from another company, tell legitimately your superior, "I'm quite happy here, however I have another outstanding offer from another company, additionally, and I am already underpaid relative to the market and this encourages me to talk about my salary"

Ask Yourself Some Questions to Assess Your Situation Completely

You need to assess your position. Ask (yourself) and Answer some questions honestly to know whether you will be safe when you ask for a raise.

For example, does the superior respect your effort? Does he like you and like to work with you? Is your position vital to the company? Is it easy for them to find another employee with your current salary? For the new person, will it take significant time and training to reach your professionalism?

If your answer to the previous questions is "yes", then you have a tough base and feel free to negotiate your salary.

Inquire On How Much To Ask For To Help You on How to Negotiate Your Salary

It is a good idea to collect some information about comparable salaries. The best way is to ask recruiters around your workplace. By the help of this information you can estimate your market value fairly. Just make a brief report of the collected data and let the superior take a look at it. This will help you to convince him easily.

Try to Upgrade Your Position to Negotiate a Salary Professionally

Another intelligent way to negotiate a raise is to upgrade your position. Suggest a higher-level work description and this will be a good reason to negotiate a salary.

Advisably, don't over negotiate as the little increase in your salary after considering the deduction due to taxes is not worth the risk and injustice feeling.

Salary negotiation is a skill. Confidentially, you can negotiate a raise Just walk through the previous tips to learn how to negotiate your salary without the fear from getting fired. The best is that you can use the mnemonic "WAIT" to remind you with those tips.

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