Ask now or later for raise?

[Mayfriday0529]

We usually always get yearly review/raises in February. But it never usually happens in February but around April/May. I get a review and then they tell me what increase I will get. We also get a retroactive pay from February for every hour worked till the new pay raise.

Well its May so it?s coming soon. I already have a number that I want. But don?t know If I should express my concern with my supervisor now before hand or during our personal meeting if its lower than what I want.

I have been at this job for 5 ½ years now and I?m a valuable asset to the department I work with. The decision would not be only left to my supervisor but the CEO also.

Also if I ask for more, should it be a 1 on 1 conversation or should I write a letter expressing my concerns and what I require?

 

[olds]

Later

 

[JS80]

Originally posted by: Jnetty99
We usually always get yearly review/raises in February. But it never usually happens in February but around April/May. I get a review and then they tell me what increase I will get. We also get a retroactive pay from February for every hour worked till the new pay raise.

Well its May so it?s coming soon. I already have a number that I want. But don?t know If I should express my concern with my supervisor now before hand or during our personal meeting if its lower than what I want.

I have been at this job for 5 ½ years now and I?m a valuable asset to the department I work with. The decision would not be only left to my supervisor but the CEO also.

Also if I ask for more, should it be a 1 on 1 conversation or should I write a letter expressing my concerns and what I require?

I think it's always better to discuss in person (but have a list in your head of why you deserve xyz)

 

[IceBergSLiM]

ask now and later.

 

[Ramma2]

I would do it later as well.

 

[Mayfriday0529]

Ok I'll wait until I'm told what I will get. But will write down why I should get a raise, that way I'm ready to make my point.

 

[krunchykrome]

I would discuss in person, afterwards.

 

[interchange]

Originally posted by: IcebergSlim
ask now and later.

Damnit. Someone always gets to the taffy jokes before me.

 

[sjwaste]

Now. Once you have your meeting, your raise has already been decided. Right now your manager can probably still negotiate for your #.

 

[amdhunter]

Originally posted by: interchange

Originally posted by: IcebergSlim
ask now and later.

Damnit. Someone always gets to the taffy jokes before me.

Man, I haven't had a Now and Later in possibly a decade.

 

[Mayfriday0529]

Originally posted by: sjwaste
Now. Once you have your meeting, your raise has already been decided. Right now your manager can probably still negotiate for your #.

some of you say now, some say later. Anyone in this position before?

 

[Tsaico]

I vote to discuss later too.

Also, is it out of ordinary to get the raise that you are expecting? A company I used to consult had a limit on how much they could raise any given period. If they wanted you to get a larger raise than IRC 8%, then you had to be given a new position in the company doing new tasks. It was some policy out of the days it was ran by family, to keep people from thinking raises were handled in-appropriately or something like that.

But I do not think it un reasonable to discuss during the meeting. You should be prepared with why you feel you deserve x amount more, what are the national, local averages. Unless they are a Charity and you a charity case, they probably won't meet it if your figures are drastically different than theirs, but at least you can meet somewhere in the middle.

Good luck.

 

[dougp]

Better nate than lever!

 

[chusteczka]

Can you get more money by going elsewhere?
Do you want to stay or do you want to move on?
How badly does your current employer want to keep you?
We do not need to hear the answers to these questions. They are for your consideration.

It is common for professionals to switch companies every 2-3 years for job growth. However, it may behoove you to stay if your current employer is the best in the industry or fits your needs best.

Mentioning it during your review is probably most appropriate. Be sure to provide your own review of your accomplishments at least two weeks before review time.

Your accomplishments, your potential for leaving, and how badly they want you to work for them are your bargaining chips. Often, a company does not realize your worth until after you provide your notice of resignation.

 

[Mayfriday0529]

I think I can get more. I also just got my college degree last year. I would like to leave and find a job closer to home and obviously with more pay. Obviously the market is not doing well.
The company I work for just reported second quarter losses and stock took a small dive today.
Im wondering if I should express my concerns about the raise now so my boss could ask for more when the time comes?

 

[Mayfriday0529]

Hey do you think it's worth mentioning to my superiors that since last year?s raise I have acquired a college degree. Would that make a difference, technically I should be worth more right?

 

[Injury]

Originally posted by: Jnetty99
Hey do you think it's worth mentioning to my superiors that since last year?s raise I have acquired a college degree. Would that make a difference, technically I should be worth more right?

Of course.

 

[Capt Caveman]

Originally posted by: Jnetty99
Hey do you think it's worth mentioning to my superiors that since last year?s raise I have acquired a college degree. Would that make a difference, technically I should be worth more right?

Are you performing better or taking on more difficult responsibilities now that you have a college degree?

 

[Mayfriday0529]

Originally posted by: Capt Caveman

Originally posted by: Jnetty99
Hey do you think it's worth mentioning to my superiors that since last year?s raise I have acquired a college degree. Would that make a difference, technically I should be worth more right?

Are you performing better or taking on more difficult responsibilities now that you have a college degree?

Im always performing better, but i have reach my maximum level for responsibilities with my current position.

next level up would be taking over a superiors role.