How to Convince Your Boss to Increase Your Salary

Asking for a raise can feel like walking a tightrope. It takes a mix of strategy, timing, and self-assurance. But when approached thoughtfully, it becomes empowering.

Approach your case with confidence and clarity by following these steps:

#1: DO YOUR RESEARCH

Gather solid data before bringing up the subject of a raise. Research the average salary range for your role, experience level, and location using trusted sources such as Glassdoor, PayScale, or government labor websites. You can also ask your Human Resources department for the official pay range associated with your position.

Beyond the figures, think about the value you bring to your organization. Reflect on projects you have led, challenges you have overcome, and goals you have helped the team accomplish. Collect specific examples of praise or recognition and be ready to explain why it matters to the company.

#2: CHOOSE THE RIGHT TIME

Timing can greatly influence the outcome of your request. While it is common to feel nervous about the conversation, asking at the right time increases your chances of success. Ask yourself:

a. Is the company currently in good financial health?

b. Have there been recent layoffs or budget restrictions?

c. Are there signs of growth, investment, or new initiatives?

If the business is struggling, it may be wise to wait. Moreover, ensure you have this conversation during business hours. Though it may seem natural to discuss pay during performance reviews, it is often better to schedule a separate meeting focused exclusively on compensation. This avoids mixing salary discussions with general evaluations.

#3: ALIGN IT WITH RESULTS

One of the most powerful times to ask for a raise is after exceeding your key performance indicators. Show how you have met or surpassed expectations and taken on responsibilities beyond your original job scope.

Clarify what tasks fall within your regular duties and which ones required extra effort, innovation, or leadership. Companies are unlikely to approve a raise based only on completing assigned work. Demonstrating added value is essential to making a convincing case.

#4: PREPARE A STRONG PRESENTATION

Do not rely on words alone. Visual evidence can strengthen your argument. Create a clean, organized presentation that includes: market salary research, summary of your key achievements and performance metrics, industry comparisons, as well as testimonials or positive feedback.

This shows you have done your research, understand your worth, and are serious about the conversation. Rehearse your presentation with a friend or family member until you feel confident and composed.

#5: FOLLOW-UP WITH PROFESSIONALISM

Once you have made your case, give your manager time to reflect. Compensation decisions often involve discussions with other leaders and cannot be made immediately.

If a week has passed without a response, send a polite follow-up email. Thank them for their time, restate your enthusiasm for your role, and kindly ask for an update.

Image Credits: unsplash.com

IN A NUTSHELL

Earning a raise requires more than just asking. It involves research, preparation, good timing, and clear communication. By presenting a strong case, you not only increase your chances of success but also build a vital skill in advocating for yourself at work.

Sources: 1,2, 3, & 4

 

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Rising Career Opportunities in Singapore: In-Demand Industries for 2023

According to LinkedIn, Singapore is experiencing a growing demand for jobs that assist companies in digitizing and expanding during economic volatility. The latest data from LinkedIn’s Jobs on the Rise highlights a significant increase in hiring for growth specialists, technical positions, and healthcare professionals in Asia, indicating that these jobs are expected to continue growing throughout 2023.

It’s important to note that employers and clients have diverse needs, which can influence the demand for different types of jobs. Occupations in high demand offer excellent potential for career growth, better income, and job security compared to less popular jobs. Therefore, staying informed about these in-demand jobs can help you effectively plan your career and develop the necessary skill set to succeed in your desired field.

1. USER EXPERIENCE DESIGNER

Despite the challenging macroeconomic conditions that led to waves of tech layoffs in Southeast Asia last year, such as those experienced by GoTo Group in Indonesia, Sea Group and Carousell in Singapore, the demand for tech workers remains strong. Experts predict that this year will serve as a transitional period for the tech industry, with a potential return to more normal hiring levels. Anchal Chhabria, a representative from LinkedIn, remains optimistic and states that the overall demand for tech workers remains robust, with individuals transitioning to new positions both within and across the industry.

User Experience (UX) Designer

National average salary: $5,194 per month

Primary duties: UX designers focus on improving the usability of systems, which may involve enhancing aesthetics and website navigation. They work in collaboration with UI designers to develop digital products that fulfill user needs while providing a pleasant and engaging experience.

2. CUSTOMER SERVICE REPRESENTATIVE

National average salary: $2,569 per month

Primary duties: Customer service representatives play a crucial role in building and maintaining positive customer relationships. They achieve this by answering inquiries and providing guidance on various aspects of a company’s products or services. Many organizations prioritize hiring customer service representatives as they typically serve as the initial point of contact between the business and the customer. Responsibilities may include generating sales leads, answering phone calls, maintaining records of customer interactions, and adhering to communication guidelines and policies.

3. HUMAN RESOURCES SPECIALIST

National average salary: $3,083 per month

Primary duties: Human resources specialists are experts in managing the human resources functions of a company. They may be responsible for maintaining employee records for performance reviews and can recruit, train, and provide support to employees.

Image Credits: unsplash.com

4. COPYWRITER

National average salary: $3,720 per month

Primary duties: Copywriters are skilled writing professionals who create content for various purposes, such as marketing or educational materials. They collaborate with marketing and public relations departments to develop effective marketing materials, and they meet with clients to understand and convey their brand voice and message to the target audience.

5. DATA SCIENTIST

National average salary: $7,406 per month

Primary duties: Data scientists possess expertise in statistical programming and analytical skills to collect, analyze, and interpret large datasets. They utilize various data visualization techniques to present information and offer suggestions or develop solutions based on data analysis.

By keeping yourself informed about these in-demand industries and their associated jobs, you can strategically plan your career path and cultivate the necessary skills to excel in your chosen field.

Sources: 1 & 2

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