“I have been working at for a manufacturing firm for over a year and my salary has never been reviewed. I want to ask for a raise but have no idea how to write the letter asking for a salary increase. Please help.”
Asking for a salary increase is unnerving and as a professional you probably have no idea how to go about it. However, this should not deter you from asking for more money if you feel you deserve it.
Sending your boss a letter requesting a salary increase is a great way to bring up the conversation.
However, you have to ensure that the letter you sent is well written and can convince your boss that you do indeed deserve a raise.
List Of Things To Consider Before Asking For A Salary Increase
1. Research beforehand
You need to find out how much someone in your position with the same experience in the same industry is earning.
You will only be able to successfully negotiate if you know just how much you should ask for.
You have to look at the industry standards, years of experience and size of the company among other things.
2. Base your request on your performance
When asking for a raise, you need to convince your boss that you truly deserve it.
Even if you are asking for a raise because of increased responsibilities and the need to cover increasing bills. This should not be the reason you give your boss.
There is only one thing that can convince your boss to give you a raise and that is your performance.
So when asking for a raise, show your worth by providing evidence of your accomplishments and merits.
For example, have you been able to increase the revenue of the company? Reduced cost of operations and saved the organization money?
If yes, then this is what you need to present to your boss. They need to see that you have done your part to earn the raise and they will be more willing to actually increase your salary.
3. Choose the time well
The last thing you want to do is ask for a salary increase when the company is experiencing losses.
Take for example, if someone goes to ask for a pay increase when the company is performing well, and while someone else goes to ask for a pay increase when the company is facing financial issues – who gets their request granted?
So choose the time you approach your boss wisely.
Additionally, there are times that are generally accepted to bring up money matters. If you ask for a raise in the middle of the year, you’ll likely get turned down as the company has already set the budget. If you do so at the beginning of the year, you will have increased chances of getting the raise.
Here Is A Sample Letter Requesting A Salary Increase
P.O Box xxxx- 00010 Nairobi
21st March 2019
ABC Group of Companies
P.O Box xxx-00010, Nairobi
Dear Mrs. Juma,
I have greatly enjoyed working at ABC Group of Companies for the past two years. In those years, I have become an integral member of the sales team and have developed innovative ways to contribute to the company.
For example, in the past year alone, I have achieved the following goals:
- Highest-ranking salesperson in customer satisfaction in last quarter
- Brought two new high-profile clients to the company, increasing total company sales revenue by 10%
- Voluntarily trained incoming sales staff, totaling 80 hours of voluntary service
I believe I have gone above and beyond the benchmarks we set for my position when I arrived at the company two years ago. I would therefore appreciate the opportunity to meet with you to discuss increasing my salary so that it is matching with my current performance. I request a pay raise of six percent, which I believe reflects both my current competencies and industry averages.
Once again, I am grateful to be a member of this organization, and I enjoy taking on assignments that allow me to contribute to the company.
Thank you for your time. I look forward to speaking with you soon.
It is important to remember that there is a chance your request might be rejected, so in case it does, you are ready to negotiate for something else such as travel allowance, fewer working hours or something similar.
Never give an ultimatum like without the increase you will quit this can lead to you losing your job altogether.
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