SmartMom

When it comes to asking for a raise from your employer, timing is everything. Is your request within the parameters of the company’s policy? Has there been a sufficient amount of time between your last raise? Have you made major progress in your contributions to the company’s goals? And, finally, is your company’s economic climate healthy enough to sustain your raise?

In today’s uncertain economy, you may find yourself in a situation in which there never seems to be a good time to ask for higher compensation. Perhaps your company has even issued a blanket moratorium on raises until further notice. While it may not be the perfect time for your boss to grant a salary increase, quantifying your worth to the company is always a worthwhile exercise and, if presented well, may garner rewards outside the realm of monetary compensation.

By presenting your request as a well-thought-out and solutions-oriented plan, you will not only increase your chances for success, you’ll also position yourself in the forefront when money does become available. Here are a few perks you may want to consider when planning for your next raise meeting:

>> Request non-cash perks such as flextime, a compressed workweek, telecommuting days or additional vacation days.

>> Design a customized incentive program for your own ambitious goals. Companies often find it easier to occasionally grant a 1-time bonus than sustain an increased salary.

>> Seek out ways to propel your career, such as new work assignments, cross training, mentoring programs and professional-development opportunities. Demonstrating to your boss that you are motivated, committed to moving forward in your career and continuously learning will be noted and recognized.

>> Ask for a change in your job title or responsibilities to better position you for future promotions and raises.

>> Offer your own original thoughts. If you have your boss’s ear, use this time to offer some strategic ideas you’ve been brewing, unseen opportunities and how they would benefit the company, and even how they could be implemented. Whether your ideas are viable or not, this forward thinking is invaluable and a sure sign of someone who is going places.


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