Along with your line of employment, you will always find yourself asking for a salary raise. But the big question is, how best should you do it? To answer this question, is it better to look at it from an opposite angle—the blunders people make when negotiating for a pay hike. In the remaining sections of our post, we shall discuss some of the blunders to avoid if you don’t want to scuttle the process and its intended product.
1.Telling Your Employer You Expect them to Say “Yes”
It is okay to come to the negotiation table hoping that your employer will listen to your suggestion and give you a favorable answer. Otherwise, why would you waste your time if you don’t expect to get a favorable answer? However, it is wrong to approach your boss with a fixed mindset that suggests that “You must meet my demands and say “yes” today. I must have my way…” It is advantageous to have hope but approach your boss with an open mind being ready to defer to them if they say “no” to your proposal. In fact, your willingness to accept a “no” can open the door for the big “yes” you are expecting.
2. Chorusing Your Personal Problems
Do you want your pay hike negotiations to backfire? Then try approaching your employers with a sack of personal problems. The reason is that if you flood your boss with your problems, you could think you are whipping their sympathy, but instead, you could be making them nervous. It may seem you are only acting “pragmatically” but to him, he may feel you are overburdening him thus making him feel you are becoming “unaffordable.” Instead, package your request in a manner that shows the boss that if they give you the raise, you will be in a better position and more motivated to add value to the company. It is prudent to let them know that the increment will benefit them because they are in business and they understand the power of a motivated employee.
3. Threatening Your Employer
Another blunder to avoid is threatening your employer to fix them in a corner. Never approach them with an attitude that makes you feel they are a rubber stamp to approve your demands, no matter how valid they are. It is not just rude, but also, counterproductive to threaten that you can leave the company for greener pastures elsewhere. Wisdom dictates that if you feel your current employer cannot afford to pay you, just look for another job.
4. Making Unrealistic Demands
This blunder may sound common sense but these days common sense is fast becoming one of the most unaffordable and exotic luxuries. To succeed in your negotiations, never make unrealistic demands. For instance, you cannot approach your employer asking them to double your annual salary just from nowhere and expect it to happen that year. Instead, research your demands and align them to the ability of your employer to meet them. Remember, being sensible and realistic will help you secure what you need.
5. Comparing Yourself to Others
Have you ever heard those kids who approach their parents with statements like, “Dad, I want a new bike. You bought my sister a new one on her birthday and you have refused to?” For kids, the parent may give in not because the boy was right, but because he is his son. But when it comes to the workplace, your boss is not your dad, and they will not tolerate you approaching them this way. The point is this: Never approach your employer for a pay raise by comparing yourself to other employees in a manner that makes them appear to favor them over you.
5. Comparing Your Employer to Others
Lastly, never compare your employer to “other employers.” Making statements that seem to suggest that “Other companies your size pay their employees with my qualifications this amount while you are paying me peanuts…” will only backfire on you.
We have shared what you need for now and we hope it will help you in your future negotiations. Meanwhile, you can purchase term papers and our other papers to continue enjoying our career tips.