Asking for a raise?

dman14 · Nov 27, 2014

Any tips or suggestions on asking for a raise?

Was reading this article and everything i want to say, they say not to :lol:

http://www.salary.com/9-things-never-say-ask-for-raise

zapatohead408 · Nov 27, 2014

Where do you work?

jaypesoz · Nov 27, 2014

zapatohead408 said:
Where do you work?

Depending on your answer op, the best way I tell people to get a raise is to switch companies.

illphillip · Nov 27, 2014

For whatever it's worth, the biggest raises I've received came after I walked into the president of my company's office and said.....

"I've been approached about a position at another company. I'm going to take the meeting. Better you hear it from me than from someone else."

r-man jam · Nov 27, 2014

QUESTION: Deb on Twitter wants to know if Dave has any tips on asking for a raise. Dave says to switch shoes to figure out the answer.
Dave's ANSWER: Switch shoes–if you were the boss, why would you give you a raise? Don't say you work really hard–we all do. Why would you give you a raise if you owned the company? Why are you worth more money?

There are a couple of possibilities. You could show the things that you've been doing that have brought in money and/or saved the company money. That would be very helpful to me if I owned a company, which I do.

As an example, point out how an activity you did last year saved them $100,000. It may be part of your job, but you are doing your job very well. Or perhaps you brought in $100,000 worth of deals. You know that you need to cost them less than you make for them, but you are making them a lot and believe you’re doing a very good job.

Another thing you can do is pull up people in your similar position and do a compensation study from something like monster.com, or go to some of the career websites and do a regional compensation study in your area. What does someone in your position usually make? Show your boss that and say that the average person makes this, so what can you do to make your way up to that?

Don’t go in there like you’re entitled or belligerent. That will last about 20 seconds with most owners, if that long. Go in there and ask how you can serve and how you can add value and what you can do to be worth more because you really want to be making more. I like those people on my team.

- Dave Ramsey

john hancock · Nov 27, 2014

DMan14 said:
Any tips or suggestions on asking for a raise?

Was reading this article and everything i want to say, they say not to

http://www.salary.com/9-things-never-say-ask-for-raise

If you work for a franchise, it really comes down to performance. Most likely the minute you ask, they're gonna be searching for your replacement.

If you work for a large company, or a small pay attention its quarterly reports. Larges companies usually allow investors to see these reports, so if you have access to them it doesn't help to look into it. If productivity is positive then depending on the quarter you should prepare to ask then. So December is basically here, I'd say wait until mid-January.
Smaller companies will usually work with you, if you're integral to the team.

That's pretty much it, most people I know were able to secure a raise by putting in their two-weeks notice because "they've found a better position", some of them actually did and it forced the companies to match the salary. Especially if the companies are competing, because it's not good for employees to leave the company for the competitor and perform better; this would result in the HR losing their job based on performance. This is what makes having a college degree valuable, because if you're an entry level employee, even with experience you have little options. With that said, if you don't have a degree, don't even ask for a raise.

skip2mylou23 · Nov 27, 2014

illphillip said:
For whatever it's worth, the biggest raises I've received came after I walked into the president of my company's office and said.....

"I've been approached about a position at another company. I'm going to take the meeting. Better you hear it from me than from someone else."

I think that would be my move, but i do have college degrees and experience in my favor.

macjsonmyfeet · Nov 27, 2014

Anywhere doing decent IPhone 4 trade ins for the 6 either Black Friday or during the holidays? I should have jumped on that Walmart deal a few months back. Anything similar?

boris · Nov 27, 2014

JayPesoz said:
zapatohead408 said:

Where do you work?

Click to expand...

Depending on your answer op, the best way I tell people to get a raise is to switch companies.

Based on what I know, moving to a new position either in a new department or a new company is the best way to be promoted.

dman14 · Nov 27, 2014

i work for a small company (less than 25) . i do a lot as far as operations/accounting. i know the company is pretty much stagnant/growing slowly. i see the financial numbers of the company, etc.

the benefits are really good and the work environment is laid back and not that stressful. i do enjoy the work/life balance as it isnt "corporate". the owner mentioned that i should be getting a raise soon awhile back (about yr ago), but he also mentioned how the company can't afford it currently. a couple employees got a bump again recently during this period

cost of living in sf is so high :x

shotsrangout · Nov 27, 2014

MACjSonMYfeet said:
Anywhere doing decent IPhone 4 trade ins for the 6 either Black Friday or during the holidays? I should have jumped on that Walmart deal a few months back. Anything similar?

huh

illphillip · Dec 10, 2014

illphillip said:
For whatever it's worth, the biggest raises I've received came after I walked into the president of my company's office and said.....

"I've been approached about a position at another company. I'm going to take the meeting. Better you hear it from me than from someone else."

This worked again in a major way :smokin

Not saying it's for everyone, but know your value, know your company/boss, and don't be afraid to play the chess game and fight for what you feel you deserve.

A few thoughts when I'm negotiating salary.....

First offer is never the best offer they can make.

And fight the good fight. Don't just accept the first offer. Because that's what my boss would want me to do when I'm fighting FOR him and his product the same way I do when I'm fighting against him for what I feel I deserve.

If you can do that while still carrying/presenting yourself in a professional manner, you should do all right.

Just know that if you go in there talking about being approached by another company, and it's not true (it was true in my case), you might get your bluff called and be told to bounce :lol:

djyoung08 · Dec 10, 2014

DMan14 said:
i work for a small company (less than 25) . i do a lot as far as operations/accounting. i know the company is pretty much stagnant/growing slowly. i see the financial numbers of the company, etc.

the benefits are really good and the work environment is laid back and not that stressful. i do enjoy the work/life balance as it isnt "corporate". the owner mentioned that i should be getting a raise soon awhile back (about yr ago), but he also mentioned how the company can't afford it currently. a couple employees got a bump again recently during this period

cost of living in sf is so high :x

If its laid back, perhaps your boss has simply forgotten and its cool to bring up. I also work for a small company with an employee range in the 20's.

One day my boss asked me my current rate is and i said ____. He was actually really embarrassed and gave me a very substantial boost.

I see this thread is about 2 weeks old now... Any update on the situation, op?

Best of luck to you.

penny1folarin · Dec 10, 2014

ask for other things like instead of a raise my job year 1 i get tuition paid for and now cuts me a check every month for cell phone n commute still money at the end of the day

this year possible get them to lease me a car ,

its all a tax write off

illphillip · Dec 10, 2014

^^^

Good call.

Asking to get some sort of bonus structure set up is also a good way to make more.

That will likely also be a negotiation though. You'll likely have to work to get a realistic one put into place.

penny1folarin · Dec 10, 2014

illphillip said:
^^^

Good call.

Asking to get some sort of bonus structure set up is also a good way to make more.

That will likely also be a negotiation though. You'll likely have to work to get a realistic one put into place.

i play broke at work too i dont drive in dont kno i have a car wear the same suits outfits in so tryna to get a check cut for lease car is gon be easy for me kinda will help me pay car off faster

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