Is inflation a good reason for a pay rise? And how to ask for it?

When is the right time to ask for a pay raise? The period of rising prices offers an ideal time with a great argument in the form of inflation. But beware, we shouldn’t rely on inflation alone. First and foremost, in times of inflation, the company may not be in good shape, but it’s an external influence that has nothing to do with your performance, skills or contribution to the company.

It’s definitely important not to want to settle for what you have and to be able to ask for a raise if you deserve it. Do you feel that your contribution to the company is increasing, but you are not being properly compensated for it? The following tips will help you how to ask for a raise with feeling and, most importantly, success.

Pay attention to your qualities and performance

Before you ask for a raise, it is important that your performance matches the salary you are asking for. Therefore, make sure that you are successful in what you do. Work hard, develop yourself and don’t be afraid to ask your superiors for feedback.

Prepare your arguments

Think about what you would like to say to your supervisor when you ask for a raise. Prepare a list of reasons why you deserve more money. These arguments should be based on your performance, skills, experience, certifications and knowledge. Consider the value you bring to the company.

• It’s not a bad idea to do a little market research. Find out what the average salary is for your position in the industry. This will help you determine a realistic amount you could ask for.
• If you’ve gained more responsibility over the last while, that’s a good argument for asking for a raise. Show that you are ready to take on more responsibility and handle it.
• Also, prepare a development plan that shows how you want to develop further in your career and how a salary increase could help you achieve your goals.

Communicate with respect and professionalism

When you talk to your manager about a pay rise, be respectful and professional. Speak respectfully and ensure that all statements you make are well-founded and carefully stated. Be confident in yourself and your work, but at the same time try to maintain good working relationships.

All you need to do now is make a commitment. Take advantage of regular meetings with your supervisor or ask for a meeting to discuss your future with the company. Don’t neglect to prepare and, above all, be convinced of yourself that you deserve a raise!