Is Now the Right Time to Ask for a Pay Rise?
Our founder Kate McCarthy-Booth was asked to join the BBC yesterday to discuss her opinion on whether or not you should ask for a pay rise in the current market.
Kates’s opinion is that you should really consider all aspects of your role and not just pay. You should think about how you feel with your current business and what your overall career aspirations are.
If you feel undervalued and are struggling to manage on your current salary or feel your current pay doesn’t reflect the role you do; here are a few top tips to help you have an initial conversation!
Kate’s Top Tips
No one likes talking about money; it often feels uncomfortable but it doesn’t have to be! The more preparation you do, the calmer you are and the more open you are to listening to your current employer – the better your conversation will be.
Kate has advised that she would much prefer an employee to approach her for a conversation if they were not happy, rather than look for a new job. She commented that you cannot always receive a pay rise if budgets don’t allow for it, however your employer may be able to offer training or other opportunities to further develop you. She also advised that having these conversations allow you to be completely honest with your employer and give them an opportunity to retain you in the business.
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