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Here's how to give your 'karma' a hard nudge and ensure a salary hike.Learn the rules. You cannot negotiate your salary without knowing the rules of the game.Play the game.Mind the score.Get current data.Know your boss.Know your professional self.Schedule the right time.Write the script.More items...?27-Oct-2014
Employees who meet their goals and meet the company's expectations are generally entitled to a 3% increase, which is the national average. Some employers may only offer a nominal increase of 2% to some workers while others may receive a jump of 5% or more.
Pay increases tend to vary based on inflation, location, sector, and job performance. Most employers give their employees an average increase of 3% per year. Consistent job switching may have an impact on the rate at which your salary increases.
What to Write in a Salary Increase Email MessageA request for a meeting to discuss your compensation (in the subject line of the message)Why you deserve a salary increase.What additional responsibilities you have taken on in your role.Any skills or certifications you have acquired since being hired.
When to Ask for a RaiseYour Employer Posted Strong Quarterly Earnings.You Aced a Performance Review.You Made a Significant Achievement.You Find Out You're Being Underpaid.You Took On More Job Responsibilities.You Received a Job Offer from Another Company.You Just Hit the One-Year Mark.You Received a Promotion.
What should you place in your salary increase letter?The letter's general purpose. In the first paragraph of your letter, mention how you enjoy working with the company.The reason for your request.The justification for your request.The amount you're requesting for.A statement about negotiation.
How to Write a Letter Asking for a RaiseDo your salary research. You're not going to get very far if the amount you ask for is not in line with the realities of today's job market.Pick the right time.Make the request.Back it up.Express appreciation for the consideration.
What to Include in the Letter. Before you start writing, gather resources that will help you justify a raise in salary: Think back over your history with the company and create a list of accomplishments since your last salary increase, paying close attention to those that may have improved the business's bottom line.
How do you write a proposal for a salary increase?Evaluate your position in the company. Before composing your letter, evaluate the market value of your job first.Write down all of your accomplishments.Don't ignore the perks.Include supporting materials.Other considerations to keep in mind.
Tell the manager you are asking for the raise at this time because of the accomplishments and contributions you have made, and the additional responsibilities you have taken on. Be prepared with your documentation. Tell your boss the specific pay raise you'd like to see.