Would you look at that; It’s almost the end of 2022. And you know what that means? No, not just the arrival of your thirteenth month pay and Christmas bonus. I’m talking about the year’s final performance review… and your chance to get a raise from your online work!
Now hold your horses. Before asking your boss for a salary increase, ask yourself: “Do I deserve a raise?” To answer this question, here are six signs that you deserve a salary increase.
You Haven’t Received any Salary Increases Yet.
Have you been working for your company for a long time and still haven’t received any pay increase? If so, then you should talk to your boss about this.
Your current salary may have been appropriate two years ago, but much has changed today. Inflation and the subsequent increase in the prices of basic necessities, not to mention the growth of your skills, means your salary probably isn’t enough now.
Salary increases are crucial because it incentivizes employees to remain in the company. If your boss refuses to increase your salary without explaining why, you may have a problem.
However, if you’re new to the company, you can ask for a salary increase when you’ve worked for them for over a year. Companies often give employees a raise after one or more years of service. Long-time employees can also request a pay raise once a year.
Others Are Earning More for the Same Job.
A surefire way to know you deserve a raise is by checking how much other employees working in the same field are paid. If they’re getting paid more than you while doing the same tasks, don’t hesitate to ask your boss for a salary increase.
Using online salary calculators is a great way to help you determine your appropriate salary range. Note that these sites don’t consider the differences in pay by region and company. Still, these are good starting points to get a rough idea of your salary range.
You’ve Achieved Something Valuable for the Company.
Seniority isn’t the only factor that determines whether you deserve a raise in the eyes of your boss. Especially if all you did was do the bare minimum.
You must also prove that you’re an asset to the company so your boss will be compelled to raise your salary. And the best way to do so is to provide valuable contributions to the company.
These could be when you provided an idea that helped improve the company’s visibility to its audience. Or perhaps you’ve taken on additional tasks beyond your original responsibilities without being asked.
Having this data at hand when presenting your request will increase your chances of getting a raise.
You Have More Responsibilities But No Increased Pay.
More responsibilities (should) come with a higher salary. If your boss wants you to remain productive, they should compensate you appropriately. These extra responsibilities aren’t part of your original job description, so you should receive compensation.
A great way to help convince your boss that you deserve a raise is by keeping track of all your tasks and deliverables. Which ones were included in your original job description? And which ones weren’t? And is the latter enough to merit a raise in pay?
Your Skills are Greatly In Demand.
Today, some skills are more in demand than others. These include web development, software development, marketing, and accounting.
If you possess the skills for one of these jobs, why settle for lesser pay, especially if you know other companies offer better compensation?
That said, be reasonable in your demands. Yes, your company needs you. But that’s no reason to ask for an outrageous salary increase from your boss (unless you’re grossly underpaid to begin with).
The Company You’re Working for is Doing Well.
Besides looking at your achievements and growth, you should also look at your company’s current status. Asking for a salary increase when your company isn’t doing well is just asking for trouble.
If your company is doing well financially, there’s no reason you couldn’t request a raise, especially if you had a hand in that success.
Everyone wants a raise. However, not all workers deserve one. To qualify, you must show that you’ve become an invaluable asset to your company or have done something vital to merit a raise. Fortunately, the above mentioned signs will help you determine if you truly deserve a raise.
But if your employers refuse to give you a raise despite your achievements, maybe it’s time for you to leave your job. If that’s the case, don’t worry. Remote Staff is here to help you find a new one.
Head to our job list to find a position that’s perfect for your skills and experience.