https://www.michaelpage.com.hk/ en https://www.michaelpage.com.hk/advice/career-advice/salary-and-negotiation/what-do-if-you-don%E2%80%99t-get-pay-rise-you-want Asking for a pay rise is nerve-wracking for most professionals – and hearing “no” can feel like a personal blow. However, a rejected rise request isn’t always a reflection of your performance. Often, the decision may be driven by broader business realities such as budget constraints, economic conditions, or company-wide freezes. The good news? A “no” doesn’t have to be the end of the conversation. If you respond wisely, it can be the beginning of a strategic career move. In this guide, you’ll learn how to: Assess your expectations and performance before taking next steps Build a strong, data-backed case for your next salary discussion Negotiate non-monetary rewards when a pay rise isn’t possible Get clarity on why your request was declined Adapt your approach to your career stage Decide on your next move with a clear plan Step 1: Reflect on your expectations and performance Before taking any next steps, it’s crucial to assess the situation objectively. Staying professional in the moment Hearing “no” can be disappointing, but how you react is crucial. Your goal is to stay professional, maintain your composure, and set the stage for a productive follow-up. Express gratitude, not frustration: Thank your manager for their time and for considering your request. This shows you value the conversation, even if you’re disappointed. Manage your emotions: Avoid getting angry, defensive, or emotional. Your immediate response should be calm and measured. Transition to a path forward: Instead of dwelling on the “no,” pivot to the future. Express your commitment and your desire to grow. Script to use: Thanks for taking the time to consider my request and for being upfront with me. While I’m a bit disappointed we couldn’t move forward on a pay rise right now, I’m still really committed to the team. Could we set up a time to discuss my performance and what I should focus on to work toward a future rise in my current salary? Evaluate your performance Did you meet or exceed the goals set out in your KPIs or performance reviews? Were there any missed targets that might explain the decision? A frank review of your recent contributions will help clarify whether the “no” was performance-related or driven by external factors. You should also consider any additional responsibilities or increased responsibilities you’ve taken on without a corresponding pay increase. Research market benchmarks Did your salary expectations align with market standards? Employers are more likely to approve increment percentages that are in line with current pay rate for your role. Use reputable salary guides from several recruitment agencies to compare data across sources. Look at ranges specific to your job function, location, and seniority to ensure your ask is reasonable and market-aligned. Look at ranges specific to your job function, location, and seniority to ensure your ask is reasonable and aligned with the market rate. If your performance has been strong and your salary request well-researched, you’re in a solid position to re-engage the salary negotiation conversation when the timing is right. But in the meantime, there’s real value in preparing for your next opportunity to ask — and that means building a stronger case, grounded in data. Step 2: Build a data-informed case for the future A rejection today doesn’t mean a rejection forever. Use this opportunity to prepare for a stronger discussion down the line. Track your impact Start compiling a list of your key contributions, ideally with quantifiable outcomes. This could include increased revenue, cost savings, process improvements, project wins, or stakeholder feedback. These are the concrete results that make your worth visible to your manager and the company. Prepare documentation Maintain a comprehensive file that includes performance reviews, key metrics, client testimonials, and project deliverables. Having these ready makes future salary conversations more compelling and evidence-based. Proactively schedule a follow-up Ask your manager when it would be appropriate to revisit the topic. Align on specific goals or milestones that would warrant a review – and wait for a response. Request regular check-ins to track progress. Script to use: Thanks for meeting with me. Following up on our last conversation, I took some time to review my contributions and prepare a case for my continued growth here. I want to walk you through some of my key accomplishments and discuss how we can align my goals for the next period. Step 3: Explore non-monetary compensation Having your accomplishments well-documented strengthens your case. But what if budget constraints still stand in your way? That’s when it is time to think beyond just base pay. If your employer is dealing with a tight budget, they may not be able to offer more money right now – but that doesn’t mean all negotiation stops. Know your alternatives Benefits like additional leave days, flexible work hours, training stipends, wellness allowances, or expanded responsibilities (with a future path to promotion) can increase your job satisfaction and career growth. These are often great alternatives to a salary increase. Be clear on what you value Would you benefit from formal mentorship, attending conferences, or access to coaching? Sometimes, professional development investments can be just as impactful as financial incentives in advancing your long-term career. Bring up the conversation professionally Come prepared with your ideas and present them as win-win solutions. Keep the tone collaborative – it’s about what keeps you motivated and engaged, which ultimately benefits the business. Script to use: I understand that a salary increase may not be feasible right now. Given my commitment to growing with the company, I was hoping we could discuss some other options. I’m particularly interested in [mention specific benefits like flexible work hours or a training course] because I believe it would help me be even more productive in my role. Step 4: Understand the reason behind the rejection But what if the answer is still no? How do you move forward without losing momentum or morale? Getting clarity on the “why” behind the rejection helps you plan your next move. Don’t walk away without asking for feedback. If it’s a budget constraint Companies often have fixed salary budgets – especially during downturns or restructures. In some cases, businesses may offer promotions in title without an immediate salary increase. While this can feel unfair, it’s worth considering the long-term benefits. A title change could enhance your CV, broaden your influence, or position you for a future rise or external opportunity. Evaluate whether the new salary that may come later is worth the wait. If it’s a performance issue Request specific, constructive feedback. Which areas need improvement? What would success look like in your manager’s eyes? Ask to co-create a performance plan with clear metrics and timelines so you have a path forward. Securing a firm commitment Sometimes, a manager’s feedback can be vague or non-committal, with phrases like, “We’ll see what happens next quarter” or “Just keep up the good work.” This leaves you without a clear plan. Your goal is to turn a vague promise into a concrete, measurable roadmap. Push for specifics: Acknowledge their feedback, but politely ask for measurable goals. Don’t leave the meeting without a clear understanding of what “success” looks like. Formalise the plan: Suggest co-creating a written plan with specific milestones. This isn’t about being distrustful; it’s about creating a shared document that ensures you’re both aligned. Define timelines: Get a specific date on the calendar for a follow-up discussion. This creates accountability and shows you are serious about your development. Script to use: Thank you for that feedback. To make sure I’m focusing on the right priorities, could we map out a few key metrics I can focus on over the next quarter? I’d also love to schedule a check-in in three months to review my progress and discuss compensation again. Seek outside perspective Mentors, former managers, or peers in your industry can offer an objective view. Sometimes, talking it out helps you assess whether the feedback is valid or if you may be undervalued. Step 5: Tailor your strategy based on seniority The way you handle a rejected rise may vary depending on your career stage. Early-career employees Focus on learning and development opportunities. Your first few years are about building your portfolio and proving your reliability. Even if salary is off the table, you can negotiate for project exposure, mentorship, or training – all of which boost your long-term value and build new skills. Mid-career professionals You likely have a track record of success. If so, emphasise impact and results in your next compensation conversation. This is also the stage where job title, responsibility scope, and work-life balance start to matter more – so you can negotiate on multiple levels. Senior leaders At this level, salary conversations are deeply tied to company’s financial health. Your strategy should include evidence of your leadership impact, revenue growth, team outcomes, and alignment with business objectives. You can also explore equity-based incentives, succession planning discussions, or strategic involvement in decision-making for a higher salary or higher pay package. Step 6: Plan your next move Sometimes, despite your best efforts, the answer won’t change. That’s when it’s time to consider your other options. Re-evaluate fit If you’ve hit a ceiling, are not being recognised, or sense a mismatch in values, it may be time to move on. Don’t rush – take time to reflect on what kind of company culture, leadership style, and growth trajectory would better suit your career. Begin exploring new opportunities Before you start applying for a new job, research salaries for your target roles using multiple reputable salary guides. Compare job descriptions, market demand, and pay ranges. This will help you negotiate confidently and avoid accepting a lateral move that doesn’t address your goals. Exit professionally If you decide to resign, avoid framing money as the sole reason. Exiting on a positive note by keeping it gracious and professional keeps your reputation intact and your references strong. Focus on your career development goals and appreciation for the experience gained. Script to use: This was a difficult decision, but I’ve accepted a new opportunity that more closely aligns with my long-term career goals. I’m so grateful for my time here, and I’ve truly valued the experience and skills I’ve gained. I’m happy to help ensure a smooth transition during my final two weeks. Related: How to gracefully resign from your job Know your worth, but stay strategic Your salary doesn’t define your value – but knowing what you’re worth, and how to communicate it, is essential to a fulfilling career. Use feedback constructively, document your wins, and approach every salary discussion with clarity, evidence, and confidence. When the time is right, be ready to have that conversation again – or to take the next big step elsewhere. Need help benchmarking your salary? Download our latest Salary Guide to compare ranges across roles, industries, and seniority levels. Explore salary insights To get a comprehensive view of salaries and market benchmarks across various industries and roles in Hong Kong, download the full 2025 Salary Guide, which features the average salary of roles in Hong Kong's dynamic job market, or use our Salary Comparison Tool to see how your salary compares to industry standards. Read more:Salary negotiation tips and strategies for new job offersHow to write a cover letter - tips from a recruitment agencyTop 12 benefits of networking: Why networking is important Tue, 19 Aug 2025 09:00:00 +0800 Michael Page 966066 https://www.michaelpage.com.hk/advice/career-advice/productivity-and-performance/ultimate-performance-review-guide-career-boost While performance review season can be stressful, it can bring opportunities for growth and career progression. When you enter your performance review session well-prepared with your professional highlights and achievements, it can open doors to new opportunities and move your career forward.If you are a people manager, your role and work performance extend beyond your own performance evaluation. Prioritise setting your direct reports up for success when conducting their performance reviews. That contributes to your work performance too.Whether you are an individual contributor or a supervisor, here are some helpful tips to effectively prepare for your bi-annual and annual reviews and the steps to take after your performance review to ensure future success. in your career.Related: 10 resume builders and template tools to make your resume stand outBefore your performance review: Get ready to shine!1. Reflect on your achievements and challengesGather evidence of your successes, such as specific projects, numbers, or client feedback. Consider areas where you faced difficulties and what you learned from those experiences. This will give you a clear understanding of your contributions and areas where you can grow.By looking at past performance review examples, you can highlight how you have addressed feedback and improved. This approach ensures your employee performance review showcases your achievements and progress accurately.Here is an example of how to do this:Past employee feedback: "John should focus on improving his conflict resolution skills. While his leadership is strong, addressing team conflicts more proactively would enhance overall team dynamics."Preparation for this year’s review: "Over the past year, I have focused on improving my conflict resolution skills, as suggested in my last performance review. I completed a conflict resolution training program and implemented proactive strategies within my team. As a result, I successfully mediated several team conflicts, leading to a more cohesive and collaborative team dynamic. This effort has not only strengthened my leadership but also contributed to a more positive work environment."2. Align your review with company goalsYou can enhance your impact and relevance during this formal assessment by clearly connecting your individual efforts to broader company objectives, positioning you as a key player in organisational success. To ensure you’re well-prepared, take the time to familiarise yourself with the company mission and vision, and the criteria and metrics your company uses for evaluations.3. Prepare questions and topics for discussionThink about what you want to get out of the review. Prepare questions about your performance, opportunities for growth, and areas where you can improve. This shows that you are proactive and invested in your professional development.Sample questions for the discussion:Can you provide specific examples of where I excelled in my role over the past year?Are there any areas where you feel I could have performed better, and how can I improve?Are there any new projects or responsibilities I can take on to further develop my skills and contribute to the team?Are there any resources or support available to help me overcome challenges and improve my performance?Are there any specific skills or experiences I should focus on developing to advance in my career?4. Seek peer feedbackSeeking feedback from colleagues provides diverse perspectives on your strengths and areas for improvement.This proactive approach enhances your self-awareness and prepares you for constructive feedback during formal reviews with your manager. Pick two to three colleagues you would like to get feedback from.These should ideally be people you can trust and that you collaborate regularly with. You could send them an email or text them on a work chat (e.g. Microsoft Teams), and depending on your relationship with your colleague, adjust your tone in your text or email accordingly:A casual Teams message example“Hey [Colleague’s Name], got a minute? I’m trying to up my game at work and could really use your input. Since we’ve been working together on [project/team], I was hoping you could share your thoughts on how I’m doing.No need for a formal sit-down – maybe we could grab coffee sometime this week? I’m particularly interested in:What you think I’m nailingWhere you reckon I could improveAny specific situations that come to mindYour honest take would mean a lot. Let me know if you’re up for it and when works for you. Thanks!”A more formal email example“Dear [Colleague’s Name],I hope this message finds you well. As part of my ongoing professional development, I’m seeking feedback from trusted colleagues. Given our collaborative work on [specific project or timeframe], I would greatly appreciate your insights.Could you spare 15 minutes next week to discuss:Areas where you believe I excelSkills or competencies where you see room for improvementAny specific examples that support your observationsYour candid feedback will be invaluable in helping me grow professionally. Please let me know if you’re available and which day/time works best for you.Thank you for considering this request.Best regards,[Your Name]”How to conduct yourself during performance reviewsWhile preparing for your performance review is not just a task, it's an opportunity to take control of your professional growth. How you conduct yourself during the actual evaluation can significantly impact its outcome and your career trajectory.You need to approach your reviews with the right mindset, engage productively with your manager, and set the stage for future success.Whether you're a seasoned professional or facing your first formal evaluation, these guidelines will help you navigate your performance review with confidence and professionalism. Remember, this is a process designed to help you grow and succeed.Dos:Do prepare thoroughly. Gather evidence of your achievements and contributions.Do be open to feedback. Listen actively and show a willingness to improve.Do bring your own assessment of your performance, including areas where you think you can improve.Do ask questions for clarity if you need help understanding any feedback or expectations.Do discuss your career goals and aspirations with your manager.Do take notes during the review for future reference - use a notebook and not your mobile phone.Do follow up on action items or development plans discussed in the review.Don'ts:Don't be defensive. Avoid making excuses or immediately rejecting criticism.Don't compare yourself to coworkers or discuss their performance.Don't focus solely on negatives. Ensure you also highlight your successes.Don't be passive. Engage actively in the conversation about your performance and future.Don't surprise your manager with significant issues or concerns that you haven't previously discussed.Don't argue about the feedback. If you disagree, ask for specific examples and discuss calmly.Don't forget to discuss support or resources you might need to achieve your goals.Don't leave without clearly understanding your goals and expectations moving forward.Don't neglect to thank your manager for their time and feedback.A performance review is an opportunity for growth and alignment. Approach it with a positive, proactive attitude for the best results.Related: How to be more confident at work according to Asia’s female leadersAfter your performance review: Turning feedback into actionIt is time to act on the feedback and plan for the year ahead. Here are some tips on making the most of your performance review feedback and setting yourself up for success.1. Embrace the feedbackPositive reviewTake the time to celebrate your achievements, but don’t stop there. Dive into what contributed to your success, identify the actions that propelled you forward, and make concrete plans to continue these practices. Challenge yourself to exceed expectations in the coming year.Performance gapsHearing constructive criticism about your performance or behaviour can be challenging. That said, good things can come from a less-than-ideal review. Accept the feedback objectively and review how your actions contributed to your performance.If you were aiming for a raise or promotion but did not get it, plan what you can do between now and the next review period. Have a chat with your manager, ask for some clear direction on how you can move closer to your goals and devise a performance management plan together.2. Ask questions for clarityDon’t be afraid to ask your manager to ask for more details. Good managers will be willing to have further discussions as part of the performance review process.Conversation starters:I received feedback on [specific aspect of performance]. Could you provide more context or examples to help me better understand this feedback?I’m unclear what you meant by [specific comment or criticism]. Could you elaborate on that?Can you give me specific examples of where I demonstrated [particular behaviour or skill] and where I may need improvement?If you are met with resistance, consider discussing your concerns with the HR team to ensure you have the necessary guidance and support.3. Seek continuous feedbackIf you were surprised by anything in the performance review, consider asking for feedback more often throughout the year. Good moments to ask for this feedback include at the launch of a project, after a campaign or series of activities, mid-year, or after major setbacks or negative input from stakeholders.4. Identify development areasRarely will any employee at any level get a 5-star review across the board. Even if you have shined from day one, there will always be something to improve. Pursuing professional development through training courses or workshops can enhance your skills and keep you competitive in your field.5. Document your achievementsKeep a running list of your accomplishments throughout the year as they happen to ensure you have detailed records.This can include specific results, project completions, or positive feedback from clients or colleagues. Quantify your achievements wherever possible, such as by including metrics or measurable outcomes.Note any challenges you overcome and the strategies you implement to tackle them. This will demonstrate your problem-solving skills and resilience in navigating obstacles.6. Set new goalsDraft preliminary goals for the upcoming year based on your reflections and feedback. These should align with your career aspirations and the company’s objectives.Use the SMART criteria to set goals that are:Specific: Clarify your core responsibilities with your manager to ensure you fully understand your role.Measurable: Identify key metrics to measure your goals as a quantifiable approach ensures you can track your progress and adjust as needed.Attainable: Set realistic, achievable goals within your capabilities and resources so you can remain motivated to reach them.Relevant: Align your goals with broader company objectives to ensure your manager recognises your efforts.Time-bound: Establish a clear deadline for your goals and prioritise tasks to create a sense of urgency.7. Foster open communication with your managerBuilding rapport with your manager is essential for your professional development. Schedule regular check-ins to discuss your progress, address any concerns, support you may need and receive ongoing feedback. These meetings provide valuable opportunities to ensure you’re on track for success.Related: 6 performance and career progression secrets they don’t teach you at schoolSeek out opportunities for professional growth1. Explore mentorship opportunitiesSecuring meaningful mentorship requires a strategic approach. Start by identifying potential mentors within your network, including supervisors, senior colleagues, or industry professionals. Instead of seeking formal mentorship immediately, build relationships through genuine interactions and shared interests.Offer value in return, such as assisting with projects or sharing relevant insights. Begin with short, focused conversations about specific challenges or goals. As trust builds, gradually increase the depth and frequency of these interactions.Remember, effective mentorship often evolves organically from mutual respect and shared growth. Be patient, persistent, and open to learning from various sources, as valuable guidance can come from unexpected places.2. Expand your professional networkJoin industry groups or company networks to expand your knowledge and opportunities. Engaging in these communities helps you stay updated on industry trends, learn from peers, and discover new career paths. This broader perspective can inform your goals and achievements for future performance reviews.3. Recognise when it's time for changeAs you reflect on your performance and career goals, you may realise you've outgrown your current role and feel it is time to explore new challenges. This could be due to a lack of advancement opportunities, feeling underutilised, or wanting to explore a different career path. Use your performance review as a springboard to discuss potential new challenges or roles within your organisation.4. Leverage performance reviews for career advancementRemember, performance reviews are more than just yearly evaluations; they are opportunities for reflection, growth, and future planning. By preparing thoroughly, engaging actively in the process, and following up effectively, you can turn your performance review into a powerful tool for career advancement.Performance reviews are more than just a yearly evaluation; they are an opportunity for reflection, growth, and future planning. By preparing thoroughly and following up effectively, you can turn your performance review into a powerful tool for career advancement.Related: Tell me about yourself: How to answer the dreaded interview questionMake your performance reviews work harder for youLet’s face it – the performance review process can be nerve-wracking. But here’s the thing: they’re golden tickets to supercharging your career. Think about it. Where else do you get dedicated time to spotlight your wins, hash out your goals, and chart your professional course?By approaching these reviews strategically – from thorough preparation and self-reflection to active engagement and follow-through – you can transform them from mere evaluations into powerful catalysts for your career.Remember, the impact of a performance review extends far beyond the meeting itself. It’s about continuously improving your skills, aligning your goals with company objectives, and proactively seeking opportunities for growth.Whether you’re celebrating successes or addressing areas for improvement and career development, each review is a stepping stone towards your long-term career aspirations and job satisfaction.Use the tips we’ve shared, and you’ll be turning those performance reviews into your personal career launchpad.Read more:3 effective questions to guide your first 90-day agendaWhy do I need to tell recruiters and employers my last-drawn salaryHow to prioritise well-being and a positive mindset at workIf you’re ready to move on from your current employer and would like help with the job search process, get in touch with an experienced Michael Page recruitment consultant today. Thu, 11 Jul 2024 11:23:20 +0800 Michael Page 5001 https://www.michaelpage.com.hk/advice/career-advice/career-progression/you-vs-your-colleagues-how-handle-internal-promotions When an opportunity for promotion arises at work, employees may be pitted against each other as they vie for the same chance. Regardless of whether you are friendly with those colleagues you’re competing against or if another peer has been there longer than you have and therefore seems to be the obvious choice, it’s realistic that the process can get uncomfortable, knowing that one of you will miss out. In contrast, the other gets a shiny new opportunity, a title change and probably a pay rise to go with it. Whether you’re the one who gets the job or the one who misses out, how you conduct yourself before, during and after the internal promotion process can have a long-lasting impact on team cohesion, employee engagement and how your colleagues and manager perceive you. Related: What to do if you don’t get the pay rise you want The many benefits of internal promotions Employers often prefer to promote internally rather than pursue external hires because promoting internal candidates fosters a sense of loyalty and motivation among existing employees. Recognising and rewarding their hard work and dedication through promotions instils a sense of pride and encourages others to strive for advancement within the business. Internal promotions result in a shorter learning curve and faster integration into the new role than external hiring. Internal talent is already familiar with the company culture, processes, and values, reducing the time required for training and adaptation. Internal hires ensure continuity and stability within the business. Employers can maintain consistency in decision-making, knowledge transfer, employee development and succession planning by promoting employees who have already demonstrated their capabilities and understanding of the company’s operations. Promoting internally also boosts employee morale and engagement. Successful internal promotions convey that growth and advancement opportunities exist within the organisation, motivating employees to perform at their best and invest in their career growth. Human resources departments are crucial in facilitating and overseeing your promotion journey. Related: 5 tips to help you identify your next career opportunity Put your best foot forward for the promotion Internal promotions at work can mean some awkwardness between yourself and colleagues, but it doesn’t mean you shouldn’t put your best foot forward when applying for the role. Firstly, do not compare yourself to your colleagues. Also, avoid downplaying your capabilities or feeling like you can’t speak highly of yourself in front of your peers. If you want the role, ensure you focus on your key achievements and abilities and how you can demonstrate that you’re the right person for the promotion.  Like any other job interview, planning is key: make sure you have talking points prepared that showcase your contribution to the company and aptitude to take on the role and its responsibilities. Also, prepare some interview questions to understand better the next steps in the hiring process and anything else that will help you determine whether this opportunity is right for you. Related: 18 TED resources to give you some career perspective If you get the promotion Congratulations! The most important thing to remember now is to be gracious and sensitive to your co-workers’ potential sense of defeat. This doesn’t mean you should pity them or make a show of consoling them – that kind of attention will likely make them feel worse. Depending on how close you are to the colleague passed over, you may want to reach out and offer your consolation. However, it would be best to be careful how you phrase this to avoid being condescending or insincere.   A good approach is to send an email to the entire team (after the announcement of your promotion has officially been made), thanking management for this new opportunity and acknowledging that you were up against strong competition in your colleagues – and that you’re looking forward to working together to achieve success. Related: 10 resume templates and tools to make your resume stand out If you miss out on internal promotions As disappointing as it might be that you missed out, don’t let this affect your performance in your current role. Instead, use the opportunity to get a clear idea of the areas you need to work on and a fresh perspective to take the next step. As with any interview process, it is completely reasonable to seek feedback on why you weren’t selected, and this can act as your ‘cheat sheet’ on the skills you need to build up or areas where you need to increase your experience to be a viable candidate next time around. Then set a time to speak with your manager and discuss where there are opportunities for you to gain this additional experience. You might even be able to structure a promotion timeline to check whether you’re on the right path regularly. There may not necessarily be immediate future growth opportunities within the framework of your current role or company. But this means you need to be extra proactive about internal promotion opportunities at specific times of the year. Otherwise, you may need to consider taking up a new job at another company if your current business cannot provide you with professional growth and your next career step within a reasonable period. Importantly, try to feel genuinely happy for your colleague. This can be hard, understandably, so try asking yourself, ‘Is this something I could achieve too?’ In addition, your future promotion could put you in the same reporting line as your colleague who was successful this time around, which means it’s going to benefit you to have a good working relationship with them now; plus, they could be your biggest advocate if a spot opens up. They think of you as being the right fit. Furthermore, you should still recognise your efforts, especially if you made it to the final two or three candidate shortlist. This achievement can be a great motivator and can stop any negative feelings from taking over, encouraging you to move on and focus on what’s important for you to work on right now to be successful the next time there’s an internal promotion. Looking for a great job opportunity? Browse our latest jobs, submit your CV, or get in touch with a Michael Page consultant to discuss roles in your field. Read more: Building your personal brand #BecomingTechies: How I became a pioneer cybersecurity strategist in Asia Why do I need to tell recruiters and employers my last-drawn salary Mon, 07 Aug 2023 14:35:41 +0800 Michael Page 972706 https://www.michaelpage.com.hk/advice/career-advice/salary-and-negotiation/5-tips-secure-pay-rise-you-deserve An important element of job satisfaction is being paid what you’re worth – but when it comes to negotiating a pay rise, people are often plagued by fear or self-doubt. Assume full control of your career by overcoming this obstacle. We know that the economic climate, timing and your current salary rate play key roles in whether or not you’ll get the pay rise you want. In our experience, the biggest mistake professionals make is not proving how their value surpasses their current pay packet. Successfully securing a pay rise depends on two key factors – clearly quantifying your contribution to the company, and building a bulletproof case. Here are five ways to prove you deserve a pay rise: 1. Skill up to get ahead If you’ve completed a new qualification, finished some training or are undertaking a new career development program, make sure your boss knows about it. You don’t get any prizes for being shy. Spell out how you plan to translate your new knowledge and skills into benefits for the business so they can clearly see the value you are adding. 2. Go above and beyond Meeting your targets is great – but that’s what your current salary rewards you for. To prove you deserve more, you need to regularly surpass your KPIs – and keep a record of it. The key word here is metrics – gather revenue figures, customer feedback and growth statistics to show how your performance is reaping dividends for the business. 3. Team leadership Do your colleagues regard you as a leader? Do they often come to you for advice or guidance about their work? If you’re a junior staff member who has demonstrated leadership capabilities, use this position. Go to your boss with concrete examples of scenarios where you’ve led your team. Show how your effective leadership approach turned a project into a success. Successfully securing a pay rise depends on two key factors – clearly quantifying your contribution to the company, and building a bulletproof case. 4. Business benefits Did touching base with an old contact bring the business a hefty new account? Or maybe your campaign idea worked to multiply your customer base? If you’re proactive when it comes to accelerating the business, you should detail these initiatives to your employer and show them the tangible results. 5. A case for innovation Some professionals are relentless innovators who design processes that can mean big cost savings for their business. If you belong in this category, we recommend flagging it with your employer. Outline the improvements you’ve made – in monetary terms – to inspire them to reward your new approach. There are many ways to work towards a pay rise. Your best chance of reaping monetary benefits is making your employer aware of your true value to the business. That could be upskilling, going above and beyond your targets or bringing in new clients for the business. What techniques have you used to successfully negotiate a pay rise? Share your experience in the Comments section below.Other articles you may find interesting When is the best time to resign Job interview self introduction Work life balance tips Wed, 10 Jun 2015 16:27:29 +0800 Michael Page 3661