I want to ask for more money at work, ideas?

[DAM]

Well, first and formost I love what I do. I enjoy the field that I'm in and the fact that I get to learn something new every day. However, I also feel that I'm getting paid nothing compared to some of my more "experienced" co workers.

Now, how should I bring this up to my boss? Should I go out and try to get another job offer and have the counter it? Or should I just be straight with my boss and tell him how I feel?

Thoughts, recommendations, and advice greatly appreciated.


dam(lost)

 

[AdamSnow]

Schedule meeting with boss
Bring up that you need more money.

Dont beat around the bush or screw him around... be up front and honest if you want to get anywhere...

 

[Caesar]

Originally posted by: AdamSnow
Schedule meeting with boss
Bring up that you need more money.

Dont beat around the bush or screw him around... be up front and honest if you want to get anywhere...

eggzactly

 

[KLin]

"Excuse me boss, I need a raise. If you don't give it to me, I'll quit. I'll then come in with my ak47 shooting, and we both don't want that. 15,000 more per year should do. Thanks."

 

[ChaoZ]

"Im broke, need more money. Gimme"

 

[RossMAN]

I would go about it a different way. If my manager needs more money, they have to present a "business case" to upper management.

So before you sit down with your boss and ask for a raise, you'd better have some damn good reasons and numbers to backup them up.

 

[Caesar]

I recently got a 29% raise. I printed out the salary figures from Salary.com and said I want the 75th percentile because I am an above average employee. He agreed and then took it up with the President. Next week the president discussed it with me and I said that my frnds get what I am asking so he gave me the raise. I did give him a hint that I have too many frnds in the same industry and it won't be hard for me to get a new job.

 

[DAM]

While I don't have any hard numbers to back it up, maybe except for the insane amount of hours I work, our business really is more technical than anything else. My plan of attack would include some reasoning as to why I should get a raise, not just demand one because I said so.


dam(di)

 

[DAM]

For the early morning crowd.


dam(morning)

 

[amd200mhz]

make a list of your contributions and how much every point worth. He can work out they sum up to the number what you want.

 

[DAM]

Last post before going for it next week.


dam(ded)

 

[RossMAN]

Originally posted by: DAM
While I don't have any hard numbers to back it up, maybe except for the insane amount of hours I work, our business really is more technical than anything else. My plan of attack would include some reasoning as to why I should get a raise, not just demand one because I said so.


dam(di)

There is another alternative which involves Haddaway ... :music:

Most AT'ers don't know that you bear a striking resemblence to ... do they?

 

[DAM]

I don't think so, there might be a few which remember those pics. I might have to look for them and post them again for old time sakes.

But alas, "you can have it", Ross.


dam(man)

 

[D1gger]

I am the boss that makes salary decisions in my company, and the last thing you want to do is suggest that you have another offer. A few of my employees have tried that appoach in the past, and I simply shook their hand and wished them good luck in their next job.

What has been most successful with me is when an employee presents an objective appraisal of their own performance, and states what they have done to take on greater responsibilities, or how they have exceeded expectations for the position.

Beyond that it becomes an issue of cost of living increases for a marginal employee who is mearly holding their own.

 

Go in there with a clear cut agenda and a list of reasons why you deserve more money.
Make sure you have a copy for your boss too.

 

[DAM]

Thanks for the suggestions, I would never try and bluff my boss, I would only go the counter offer route when I have an offer in my hand that I could show him.


dam(dde)

 

[RossMAN]

Originally posted by: DAM
I don't think so, there might be a few which remember those pics. I might have to look for them and post them again for old time sakes.

But alas, "you can have it", Ross.


dam(man)

ROTFLMAO

 

[Koing]

Get another job then see if he will offer you the same or near.

If they want you they will keep you. If not they will show you the door. DO you want to work for a company that does not value you? If they value you and are not going bankrupt they WOULD offer you nearer what you can get.

You get more £££ if you switch jobs I have been told and it looks fairly true. Well unless you get a fat qualification you won't get betting fat pay rises. I have friends that after 3yrs will nearly earn 80% more then when they started 3yrs ago. But they are all accountants and working for professional qualifications in their own time mainly. Extra 21hrs every week for 3yrs. Exams every so often. One failure is fine but to fail a repeat = you get dropped out of the company. Longer hrs but after 3yrs you will earn big £££ and if you work harder and longer you break £100k easily within 5-10yrs.

Some other guys in different areas of Finance get HUGE bonuses related directly to performance. They are traders and you get ~ 10% of what you made the company. If you made the company £600k over a year you get £60k. About 1'000 guys in London will get £1m ($1.8mill) as a bonus! This means that these guys earnt their companies £10million in a ear! CRAZY pay but they sweat out long long hrs and not many guys can do what they do.

Good luck.

Koing