Do you Deserve to Know How to Ask for a Raise? (Hint: the answer starts with a “Y.”)
November 12, 2007
Does everyone deserve a raise? That’s not important and not relevant. Do you deserve a raise? That’s the question. We both know the answer is yes, otherwise you wouldn’t be here reading this.
What are you worth? You can always check salary.com to determine what others in your field of work are making in your region. If you’ve been in your line of work for a substantial amount of time, you are definitely on the upper end of the salary scale. If you are just starting out, you should be near the middle. The range is so large because so many workers accept a low salary because they do not know any better. For instance, if you see a range of $75,000-$85,000 for an annual salary, the true starting pay should be close to $80,000. Avoid having to figure out how to ask for a raise by negotiating the pay rate you deserve in the beginning and also determining how often you will be given a raise.
How did you get the low salary you have now? If you are like me, you divulged too much irrelevant information early in the hiring process and accepted a low salary. Besides losing tens of thousands of dollars each year due to a low rate, this will come back to haunt you when you decide to search for a new job. Your prospective employer will ask for your current salary. You cannot tell the truth because then you will be no better off than before. You cannot lie because you have integrity. We’ll discuss this important issue at a later date as we search for the answer of how to ask for a raise.
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