A lot of people go in to a pay raise negotiation without knowing exactly what they want! This is a mistake. Your employer is likely to say to you, “well, how much do you want?” and it is essential you give a figure that you are going to be comfortable with. Remember:...
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Timing is critical when it comes to how to ask for a raise at work. Before you ask your manager to increase your salary, plan for the right moment. Prior to broaching the topic, you might also want to consider: How often should you get a raise? The performance management cycle can clu...
Instead of sharing your target salary range, however, you may be better off stating the number at the higher end of your scale. Doing so will earn you some wiggle room: if your employer counters with a lower figure, you’ll have some room to push the figure towards the middle of your...
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1. Work out what your net pay will be each month. You won't be able to figure out what to do with your pay increase until you first know exactly what you'll be receiving after taxes. For instance, an annual $3,000 pay raise doesn't necessarily translate to an extra $250 in wages...
By age 35, try to have two times your salary saved in your retirement accounts, on the way to three times that figure by age 40. You’ll want to continue all those good habits you began in your 20s, or shift into high gear if you’re behind. ...
To ask for a raise, record your past accomplishments, gather salary data and rehearse your request. Here's how to use these tips and more to help you get you get the pay increase you deserve.
If you are unsure which one you have, look at your current financial health to figure this out. For example, if you have a scarcity mindset, you are going to have a hard time building wealth. You will always be thinking about how little you have and how, when you do get some cash,...
And then in larger organisations, of course, where they do have to report staff salaries as part of the gender pay gap, I mean, yes, it’s an average figure. But Jonathan, do you think that that is having any beneficial effects when it comes to women? We’ve got lots of women in ...