How to negotiate a pay rise

  Tay      May 10 2023     Career Advice, Expert Articles, Interview Guides

You won’t know how much a company will pay until you ask for it!

How to negotiate a pay rise
  1. Don’t let a period of economic hardship deter you from negotiating a salary. You won’t know how much a company will pay until you ask for it.

  2. Do your research about salary ranges for your position, the current job market and be prepared to give informed answers to:

    • What pay rise are you looking for?

    • How did you arrive at that figure?

    • What else you could do/ take on to earn it?

    • More responsibility

    • Extra projects to take on, that benefit the business/ team

3. Understand and quantify your value, prove you are indispensable:

    • Advocate for yourself and why your work is worth salary negotiation

    • The impact your work has for thecompany, show it in a measurable way

    • Show any continuous good feedback and encouragement within the company

4. Prioritise its importance with an individual pay review meeting.

5. Prepare for rejection during a recession by considering negotiating for other benefits, like additional paid leave or starting bonus.

 


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Tay Associates was established nearly 20 years ago with the mission of being the best recruiter of PA and business support staff in London, and we’ve achieved this by being consistent in our values, attitude and work ethic, but evolving with the market and our clients to stay on top of our game.


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