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Do u think it is okay to ask for a raise besides annual salary meetings?
We have this same exact issue at my company. Except when we go to our boss and tell him that we've received better offers, he says "Well you should go there then, because corporate won't give me the budget to pay you that much." hahaha. That being said, they did dig up some extra money and give us bigger raises this year (10% vs. the usual 3%,) so that was nice. Still about $10,000 short though, in our collective opinion
Im worth X on the market. You know im good. Don't fuck with me.
If you are consistently proving your value above what you are being paid and your company is not on hard times, I would never feel bad about asking.
And when staff have asked me in the past and not been at a certain level, I put personal improvement plans in place. Hit these targets over the next whatever weeks or months and then you can get the raise you want, subject to you maintaining that level after.
I've retrained people in completely new fields because they asked to learn (in their own time) and then given them a raise as they are suddenly more valuable to me.
At the same time, if you are underperforming... You are as likely to find yourself on a PiP that has your job on the line if you don't meet your *current* requirements.
So be sure of yourself before you ask, but don't be afraid.
@coffeeholic Never be afraid to ask. I got a 15% raise compared to what my initial contract said.
I do not agree that you should use other job offers as an argument as this will, in most cases, lead to no raise at all. The company doesn't care. They can find another developer. Your job is prove that you're worth more than they pay you because you bring that extra value to the company.
You just need to consider this: a raise in salary is not necessarily the only thing you can negotiate.
You can negotiate working hours, where to work from and how many hours/week, paid lunch, paid travels, paid further education and so on.
You need to be creative and make the company/your boss understand the extra value you bring to the company compared to the last time you had a conversation about salary.
I might be young, but I've been to 7 salary negotiations in my life, and I've always got a raise after that (either in salary or better working hours).
Brolls33253yI think it’s an imperative to ask for a raise beyond standard reviews, especially if you get an offer elsewhere.
People tend to forget that as an employee, you’re still selling your labour as a product. Of course it’s subject to price changes.
After I ended up losing a previous job owing to attendance from mental health, I was talking to one of the new hires at a drinks thing I’d organised.
He nearly fell over when I told him my salary and it was nearly 20k less than his!
You gotta hustle on that pricing.