How do I get the pay rise I deserve without threatening to leave?
How do I get the pay rise I deserve without threatening to leave? Find out on Paywizard.org.
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Answer Paywizard:
You ask a question on the minds of many Americans. Indeed, many study
and train hard to be good at the very work they do every day; however,
very few people encounter opportunities to learn and practice the
negotiation skills they need to empower them and ensure that they are
paid their full worth (or at least what the job market yields as
appropriate compensation). We negotiate in all kinds of situations on
a daily basis, but the sensitivity of a salary negotiation can leave
even the savviest negotiator feeling anxious. No matter how gifted you
might be in conflict, controversy, or dispute resolution, it is a skill
that you can always improve.
Therefore,
let me suggest a few resources to help you prepare and to develop a
strategy for your discussion with your supervisor.
1. Now
a negotiation classic, Getting to Yes: Negotiating Agreement Without
Giving In, by Roger Fisher and William Ury, outlines their approach to
principled negotiation. The authors provide four fundamental
principles to guide a successful negotiation:
separate the people from the problem,
focus on interests rather than positions,
invent options for mutual gain, and
insist on objective criteria on which to determine an outcome.
You can easily find Getting to Yes at your local library.
2. By taking a look at the PayWizard’s recommendations for negotiating a raise, you can begin preparing to speak with your employer.
3. A further resource to help you get ready, step by step, for your discussion is So You Wanna Ask for a Raise?
Negotiating
a raise does not necessarily have to leave you with the (only) hard
alternative of leaving your job, although perhaps this will be your
decision. Rather, in Fisher & Ury’s book you will learn about a
Best Alternative to a Negotiated Agreement (or BATNA). BATNAs are
critical to negotiation because only once you fully understand your
BATNA, can you make an informed decision about whether to accept a
negotiated agreement. In other words, while your boss may be able to
offer you a raise, perhaps it will be only once you demonstrate certain
milestones or realized goals in the coming quarter, for example. Being
able to compare your options to some other plan of action will be
important. It is possible this BATNA will be leaving your current job
for a different one, but perhaps it will be maintaining your current
wage or salary until your next performance evaluation, at which time
your raise will be reconsidered. Would this be acceptable to you?
Thinking about your BATNA will be vital, and the more you can improve
your BATNA, the better position you will be in upon entering your
negotiation. Depending on your own workplace norms, profession,
opportunities, etc., this will be different for everyone.
Good luck!
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