Navigating the delicate process of asking for a salary raise can be a challenging yet crucial step in advancing your career. In Nigeria, where the job market is competitive and economic conditions vary, understanding the dos and don’ts of salary negotiations is essential. Here’s a comprehensive guide on how to approach this significant aspect of your career.
Dos of asking for a salary raise in Nigeria
Before you ask for a salary increase, Do this:
Research Market Salaries
Before initiating a salary discussion, research the current market salaries for your role and experience level in Nigeria. This information will provide a realistic benchmark for your negotiation.
Highlight Achievements
During the discussion, emphasize your professional achievements and contributions to the organization. Demonstrating your value strengthens your case for a salary raise.
Choose the Right Time
Timing is crucial. Request a salary discussion after a notable accomplishment or during performance reviews. Avoid bringing it up during company crises or financial uncertainties.
Practice Professionalism
Maintain a professional tone and demeanor throughout the negotiation process. Clearly articulate your reasons for seeking a raise and avoid making demands.
Be Open to Negotiation
Approach the conversation with flexibility. Be open to negotiation and be prepared to discuss other benefits if an immediate salary increase is not feasible.
Don’ts of asking for a salary raise in Nigeria
Avoid doing this if you are considering a raise in your salary
Don’t Compare Unfairly
While market research is essential, avoid comparing yourself to colleagues in a way that may seem confrontational. Focus on your achievements and responsibilities.
Avoid Emotional Appeals
Keep emotions in check during the discussion. Base your request on facts, such as market rates and your contributions, rather than personal needs.
Don’t Threaten to Leave
Using threats to secure a salary raise is not advisable. Instead, emphasize your commitment to the organization while expressing your desire for fair compensation.
Avoid Unrealistic Expectations
While aiming for a competitive salary is reasonable, avoid setting unrealistic expectations. Be prepared for a compromise that aligns with both your career goals and the organization’s budget.
The Right Approach to Earning Extra Income as a Salary Earner in Nigeria
Here’s a guide on the right approach to earning extra income as a salary earner while balancing your career and job responsibilities.
Explore Freelancing Opportunities through Your Skills
Assess your skills and identify areas where you can offer freelance services. Whether it’s writing, graphic design, programming, or consulting, freelancing platforms can connect you with potential clients.
Create an Online Presence
Establish a professional online presence to showcase your skills. Platforms like LinkedIn and freelance websites can serve as effective tools for networking and securing freelance opportunities.
Invest in Skill Development
Stay updated on the skills in demand in your industry. Investing in additional training or certifications can make you more marketable for side gigs or part-time work.
Network within Your Industry
Attend industry events, seminars, and workshops to expand your professional network. Networking can lead to additional income-generating opportunities or even a career change.
Start a Side Business
Explore potential business ideas that align with your interests and skills and Start as a side business, whether it’s an online store, consultancy, or service-based venture, which can provide an additional income stream.
Manage Your Time Effectively
Balancing a side business with a full-time job requires effective time management. Create a schedule that allows you to fulfill your job responsibilities while also dedicating time to your side venture.
Remember, it’s not just about earning money but also enhancing your career and job prospects in the long run.
