15 Tips on How to Get a Pay Raise

"Do you feel like you are underpaid for the work you do and for your position?"

Do you feel like you are underpaid for the work you do and for your position? Do you feel like asking for salary raise to your boss but something prevents you from doing so? Perhaps you lack the self confidence to ask for a pay raise. Most people become clueless when they want to talk about pay raises to their employers. Negotiating pay raise is nothing impossible. The following 15 tips on how to get a pay raise will help you to ask for your deserved right.

1. When you work for him, there is no harm to rationally believe that you deserve more. Don't hesitate and be afraid to ask for a pay raise to your boss. He too knows that you work for him, and you are not asking without a reason.
   
2. It is good to aim high, but not good to be too greedy. While negotiating for pay raise you should ask for something which is feasible for you to receive. It gives your boss some reasons to go to some point. Just remember to be realistic than trying to shoot all birds at one shot.
   
3. Preparation is the most important thing to do. You have to prepare before you negotiate. You should know your stuff of work, your duties, the fair market price for the same position others are getting and how you work for that pay raise. You should be able to answer how your rate of pay is compared.
   
4. It is also wise to anticipate objections. Make a list of likely reasons that your boss or financial manager would give you not to make pay raises. It is important to make rebuttals to those objections so that you can negotiate well. Give your boss every reason that he says yes to your pay raise application.
   
5. Always have a back up plan. If your boss is adamant on, try few other tricks like how you could take more responsibility or suggest to change your benefit plans to increase your salary compensation package.
   
6. Make a firm and perfect approach. It is useless to beg, cry or grovel. It is not good to corner your boss and ask for immediate pay raise. Always be professional and courteous. Avoid threats of leaving the job or other such ultimatums.
   
7. It is a trick to sell your self! Always point out why you deserve a raise and what you have been contributing to the company all these days, if you have documentation provide it and explain your value.
   
8. Address the issue from your boss's perspective. This formulates a more persuasive pitch. He may get convinced to give a pay raise.
   
9. Try to understand the salary norms for the industry you work with. Such way would enable you to compare activities and roles. With such reasons you can firmly assure that you are asking for the right pay raise.
   
10. Don't think about what others earn, it is individual. Your performance, experience and competencies in the job will be more valuable in getting you a pay raise.
    
11. Be honest to yourself. Tell your boss only the things you are really capable of doing and what you have done in the past.
    
12. If you are sent disappointed from the room of your boss, don't slam the door or scream outside. This will have a complete negative effect. Perhaps he may think on this issue and later call you for a pay raise.
    
13. Always pick the right moment. Never enter into your manager's cabin when his stress levels and workloads keep his head a hot boiling volcano.
    
14. If your company has an appraisal system, that is the right time to negotiate your pay raises.
    
15. Reminder is also a key. If your negotiation on salary raise has been rejected once or twice before, you can find other opportunities again to put forward your pay raise demands. It may work and your boss may nod with a smile!

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