Guest post: How to ask for a raise

| September 30, 2015

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How often should you expect a raise?- Let’s face it, we live in tough economic times at the moment. In the past it used to be the norm to expect a raise once a year; that is no longer the case, and it’s typically up to you to request a salary review. Preparation and planning -Determining how much you should earn is not easy, but there are helpful salary calculators that will help determine the range you should be expecting. The other opportunity is to look for job adverts that cover your skills and experience to get a benchmark. If you do that you need to add an element of realism to the process, so don’t set your expectations at the highest salary. Rather pick the average across the job ads you have researched. Once you have a figure in mind, go through your achievements of the past six months and identify how they have benefitted the company. If you have changed the way your company does something which has resulted in a cost saving, estimate how much that could have been. If you have helped win new accounts then having the amount at hand will help too. This helps steer the negotiation phase away from cost and towards value.

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OTHER ARTICLES

How to Develop a Company Culture when Remote Working

Article | August 12, 2020

In the past, managers and leadership teams may have been reluctant to allow so many of their employees to work from home on an almost permanent basis. However, with Covid-19 we’ve had little choice in the matter. And, you know what? Employees adapted, productivity didn’t fall off a cliff and customers haven't been let down. Now, more of us are seeing the positive outcomes that this style of working has had on our work/life balance, and we may not want to go back to commuting into the office every workday. But what does this mean from a workplace culture perspective?

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Article | June 12, 2020

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How HR Tech Trends Will Impact the Industry in 2020

Article | April 28, 2020

The human resources field has gone through a lot of rapid changes in the last decade and still adapting many of it. There have been ample changes in what used to be a norm. From manual processes to programmatic advertising. Technologies have brought many changes using automation and AI. And we are thankful for digitization and globalization that are influencing the minds to restructure the employee ballgame. As leaders are moving into 2020 they are pondering to adapt HR tech trends. And why these trends are gaining so much importance? Because they are going to give more applications at a fast speed and low cost. Basically, these HR tech trends in 2020 are going to advance three chief KPIs. The first among them is the time required to hire. The second one is the cost needed to hire. And the third one is the quality of the hired person. 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Article | April 3, 2020

Small businesses often have to compete against bigger companies who can offer candidates better benefits and higher compensation. This means that small businesses have to innovate in order to compete. Whether it’s company culture, diversity, or purpose, it’s imperative to find something that sets you apart from the corporations. Ten small business HR professionals share innovative talent acquisition strategies they’ve employed to attract great people.

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Spotlight

Optimum Talent Database

At Optimum we are proud to be in our second decade of service. The relationships we have established with our clients and candidates identify who we are - real people creating long-standing relationships. At Optimum we are committed to providing you and looking beyond the obvious to find a solution.

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