Tuesday

Strategies for Negotiating a Raise When Companies Avoid It

Let's talk money – specifically, how to get more of it when your company seems allergic to giving raises. In today's corporate world, where "acting manager" titles are handed out like candy to avoid pay bumps, negotiating a salary increase can feel like an uphill battle. But don't worry; with the right approach, you can make your case and potentially boost your paycheck without burning bridges.


Companies often dodge raises by promoting in title only or citing budget constraints, but knowing your worth is step one. Research shows that preparation is key – look up average salaries for your role in your area using sites like Glassdoor or Salary.com. For example, if you're in marketing and have taken on extra responsibilities, highlight how you've contributed to the bottom line.

To negotiate effectively, time it right – during performance reviews or after a big win. Prepare a strong case: list your achievements, like "increased team efficiency by 20%," and tie them to company goals. Be specific about the raise amount, aiming for 3-5% or more if justified.

If they push back, ask for non-monetary perks like flexible hours or professional development. Resources from the NY Department of Labor can help with negotiation tactics. Remember, it's a conversation, not a confrontation – stay positive and professional.

In the end, if raises aren't forthcoming, it might be time to explore new opportunities. Your skills are valuable; don't settle for less.


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