Career Work Salary Promotion
How To Ask For a Pay Increase & Promotion
Facts, figures and other data that will help you negotiate
At New Year, many of us review our lives including our jobs, finances and career. If you are mulling over whether you deserve a pay increase or promotion, now could be the time to act.
I have worked in several roles in my career where the job has grown faster than my salary. I tend to expand my area of responsibility in any role I’m in. While I believe that it’s better to do the job first and then ask for the proper compensation and job title, I don’t believe in being underpaid or unrecognized forever.
Pre Covid, I have successfully negotiated a pay increase to match my increased responsibilities on at least three occasions. I’ve negotiated a change in job title many times too, though not always with a pay increase.
A pay increase or job title change was forthcoming when I could prove that I had increased my responsibility around:
- Number of direct reports
- Budgetary responsibility
- Areas of responsibility
- Impact on KPIs
Only you will know whether you are in a position to ask for a pay increase. In the…
