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When a Raise Is Out of The Question
If you’re sick and tired of hearing about and dealing with the effects of our poor
economy, then you’ll hate it more when your company has to hold raises back in order
to keep operating. Many of us failed to see raises last year, and this year isn’t
looking any better. But you still have a job, and that’s all that matters. Right?
Even if there are improvements to your company’s bottom line, the fear is still
present and many businesses are still holding back when it comes to providing their
well deserved employees with their yearly raise. So what’s a person to do? Financejobz.com
has found some creative ways to getting around the no yearly raise and still show some improvements in your life.
Many employees have found that even though a raise would benefit their lifestyles
immensely, there are other perks that can be negotiated that impact your life and
your bottom line. Improved health care insurance, additional training, flexible
scheduling, extra vacation days, sabbaticals, and telecommuting are just some to
name a few. Retirement and health insurances are harder to negotiate for, but the
others that are listed are obtainable.
Suggestions To Help You Get What You Want
1. Be honest with your employer. If an increase in pay is something of great importance
and need to you, then tell them so. If an increase in pay is totally out of the
question, then ask for other perks that will supplement the lack of pay raise.
2. Be realistic and use common sense. Many positions wont allow you to telecommute-
so don’t bother to ask. However, if your position allows you to complete your work
anywhere, then place it on the table. You can also suggest additional training if
they have froze tuition reimbursement- it still gives you the opportunity to acquire
more knowledge in your profession. And if you can offer them a very good reason
why they should cover tuition for you, then use that as well- just be prepared to
be shot down.
3. When you need something, don’t wait to ask- no matter what it is. By sitting
on what you need, whether it is time off or further career development, the issue
becomes more stressful with the longer you wait to tell your boss. Further more,
if you wait too long, your request may not be feasible at that point.
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