Talking about a Salary rise – but how?
"Hey boss, I need more money" - that's how bluntly the hero of Gunter Gabriel's 1974 hit of the same name demanded a salary increase. If you do the same, you will hardly convince your boss. Rely on our tips instead.
Putting together the Right Arguments
You know the reasons why you deserve more pay. However, there are good and bad arguments in the negotiation. The good ones include
- Your achievements
- Your contributions to success
- Your value to the team
- the responsibility you carry
- your training
- your goals for the company
- the economic development of the company
Weak arguments, on the other hand, are
- comparison with colleagues at work
- pointing out the lack of salary increases in recent years
- Your stress
- your private economic or family situation
These points usually lead nowhere, because managers are most likely to negotiate if you emphasise your personal value for the company.
Prepare Well for Your Salary Negotiations
- Find out your market value – what do others in the same sector, in the same company, in the same position earn?
- What exactly do you want to ask for and where is your tolerance level? Think in advance: Would you be satisfied with alternatives to a salary increase, for example a mobile phone or further training? You decide this for yourself, but do not communicate it in the interview.
- On 1 to 3 pages summarise your achievements, for example:
- clients acquired
- successful projects
- improvements achieved in processes
- cost savings achieved
- recognition from clients or within the company
- further training
- goals you want to achieve
- how the company will benefit from you in the future.
- Choose the right time, e.g. use the annual appraisal interview or make a separate appointment. Suitable times for a salary review are:
- after a successful probationary period
- at the time of a promotion
- in the event of a transfer
- when a new employment contract is signed
- shortly before the completion of a successful project
Salary talks should take place no more than once a year.
We have given you examples of good and bad arguments at the beginning. Choose the ones that suit you and think about what objections your manager might have.
Practice the interview with someone. This will help you to gain confidence in your preparation and reduce nervousness.
Author
Hansjörg Schmid
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3/20/2023 · 3 minutes
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How to Counter Objections to a Salary Rise
ArticleMany bosses immediately find objections when their employees start talking about a salary rise. You must know the most common ones and how to counter them.-
3/13/2023 · 2 minutes
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Tactical Tips for Your Salary Negotiation
ArticleAn overview of what works tactically and what doesn't.-
3/13/2023 · 3 minutes
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Using Chat GPT – the Legal Aspects
ArticleChat GP explains what to consider legally when using it.-
3/9/2023 · 3 minutes
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How to Use Your Second Brain
ArticleIn times of information overload, smart people build up a second brain. Here you will learn how to make it fruitful for you.-
2/8/2023 · 3 minutes
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Unburden Your Brain – Build a Second One
ArticleEvery day, an avalanche of information floods our brain. It is hopelessly overburdened with storing the relevant and interesting data and making them available when needed. However, there is a solution to this problem: building a second brain. It is amazingly simple, as productivity expert Tiago Forte shows us.-
2/8/2023 · 4 minutes
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«Quiet Quitter» in the Team? What Bosses Can Do
ArticleIf a team member suddenly performs only the bare minimum, you may be dealing with quiet quitting. You can't ignore it. Why does it happen? How can you deal with it?-
2/2/2023 · 3 minutes
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Is Quiet Quitting Advisable?
ArticleMaybe you have heard of quiet quitting – doing the minimum, not a bit more. Is that a good idea?-
2/2/2023 · 2 minutes
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What Is Quiet Quitting?
ArticleQuiet Quitting means: Someone decides to do only exactly what is required at work, the minimum.-
2/2/2023 · 1 minutes
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Quiet Quitting – not Going the Extra Mile
ArticleAnother trend from the world of work is currently spilling over from the USA to Europe: Quiet Quitting. What is behind it and who does it concern?-
2/1/2023 · 5 minutes
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Will Artificial Intelligence Take over my Job?
ArticleUntil recently I was convinced that artificial intelligence will never be able to write a gripping text and possibly replace me as a communications specialist. I was caught by surprise.-
1/16/2023 · 5 minutes
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