Did you know that in general, employers are often more than
willing to pay more for the right experience and education? Are you also aware
that you can actually earn double the amount of what you’re making if you are
to go in a bigger company? These are just two of the best negotiating points
you have that you should point out as you have a performance review or perhaps
request a promotion.
If you think you deserve a higher pay than what you are
currently getting, here are some things you should emphasize when you speak to
the HR.
a. Number of years in the business.
It is common knowledge that the more experience you have,
the higher the pay you should expect. You can point out that you have more
experience than what is required in the position you are holding. Take note,
however, that with too much experience, you may turn out to be overqualified
for the position.
c. Performance assessments
This is a vital factor when you are being considered for a
promotion or pay increase. If your performance reviews show positive points
about how you work, this should give you hope that you’re going to get a pay
raise.
d. Professional certifications and associations
In most companies and organizations, great value is given on
an employee’s certifications and associations. If you don’t have such
certifications yet, then you should make an effort to work towards attaining
one.
e. Shift differentials
Getting a recommendation from your boss is a big boost in
your chance to receive a higher salary. Although it seems common or ‘given’ for
bosses to recommend their staff for promotion, many actually don’t bother to do
it. Thus, it is important that you develop a good working relationship with
your boss if you want to get his support when you need it later on.
Typically, an employee would have to wait to be offered a
promotion or a pay raise, but you can also be proactive about it by making a
request for a higher pay or a better position in the company. Any career or personal coach would also advise that
before you do this, make sure you have prepared whatever documents are
necessary for you to be deemed deserving of a bigger salary.