While many employees dread the outcome of asking for a raise at work, it can be a smooth experience if handled professionally. You can check our previous post where we delved into ways employees can boost their salaries.
How to Ask For a Raise at Work
Asking for a raise at work and not getting the expected feedback can be demoralising for a worker; however, as a worker who takes no to be an opportunity to improve on themselves, you know that you do not end your request for a better pay at just one try.
To help you properly assess yourself and prepare you for that critical conversation with your employer, here are essential things you should do.Before you ask your employer for a raise, do these:
Check the current salary rate for those with the job position as you. This is a way of being abreast with industry standards so as to avoid unrealistic demands.
Highlight your achievements on the job.
Detail every important and significant contributions, impacts, and successes attributed to your dedication to the job.
Present Convincing Reasons. A way to justify a raise is not just by making a request, it is providing convincing reasons why the company should give you a raise, especially when it appears that others are also doing the same thing as you.
Set goals that the organisation can identify with. Setting goals and objectives that your company can relate to will allow them take the chance if feasible.
Request a meeting with your superior. This is a phase that comes last before having any conversation with your employer about a raise at work.
During your conversation with your employer on why you deserve a raise, ensure you do these:
Convey your words clearly while talking about your achievements, contributions, and successes to the organisation.
Quote the current salary rate based on your research and what’s applicable to other people people with the same job as you in other industries. Ensure this particular step is done professionally.
Your reason for requesting for the meeting should be confidently stated. This act allow your employer to know that you truly know what you want. This step must also be done with every sense of professionalism.
Be willing to share the goals and objectives you have designed that aligns with the organisation goals. This will make the company see beyond your personal interest, and allow them also see what the company could get from motivating you financially.
Be open to feedback. Being open to feedback after discussing the reasons for a raise is a sign of professionalism. Allow your employer see that you are willing to take their feedback, and move on from there.
After the meeting where you have successfully discusses why you need a raise, be sure to exercise patience, remain professional, do your job while waiting, and be open to negotiations.
Does Getting a CPA Boost Your Salary?
Now, you’ve got that job as you desired, perhaps it isn’t what you even desire in the first place, but you are wondering whether or not getting certified as a public accountant will boost your salary.
What is CPA? CPA means Certified Public Accountant. It is not an ordinary certification; it is a professional certification that is awarded to accountants who are able to meet the expected experience, examination requirements, and specific education. You can find CPAs providing services that includes tax planning; budgeting and forecasting; financial analysis and reporting; consulting and advisory services, and so on.
Getting a CPA can boost your salary as an entry level accountant; as a senior accountant; as a manager, and as a partner in a firm.
According to the American Institute of Certified Public Accountants, Bureau of Labor Statistics, and Accounting Today, salary ranges for CPAs can be as high as two hundred thousand dollars.
In addition, it is reported that certified public accountants earn about 30 per cent more than those who aren’t certified.
Beyond the opportunity it presents to boost your salary, CPA certification is a proof of your expertise and professionalism.
