Need more money? Ask for a pay rise!

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If you are finding yourself short of cash by the time your next pay comes in, the fastest and often easiest way to improve your situation is to ask your employer for a pay rise.

To assist you in your quest for more money, it will pay (excuse the pun) to do a little homework before talking to your boss. Here are a few things to get you started:

  • Gather market data – what are other businesses paying for your position
  • List all new skills and/or educational courses since your last pay review
  • List any new responsibilities that you have taken on – these are important!
  • Write a brief but accurate sales pitch on why you deserve more money
  • Be confident, open & honest – do not make threats it will not help your cause
  • Remember that the worst thing that can happen is that your boss simply says no, but chances are that if they see that you know what you are talking about, they may well agree to a modest increase in your salary/wage.

    Of course, if your boss doesn’t come to the party and ou feel you could earn more elsewhere, then by all means apply for other positions and see what you are worth on the open market, you might be surprised!

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