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About to take on more responsibility at work, best ways to approach a raise...
Posted on 1/3/13 at 5:25 pm
Posted on 1/3/13 at 5:25 pm
Long story short, my boss is taking a new job. He and I are the only two people who do what we do. The big boss's plan is to keep my boss's position open for me to fill when I have the required experience for that level. My current salary is not even at the midpoint range for my pay grade, so I think with the monumental increase in responsibility, I should get a fairly substantial raise (let's say to the 3/4 range) . How would you approach this topic when you sit down with your big boss and (former) boss to discuss the change in your role?
ETA: I should probably have made it clear I will be responsible for everything my soon to be former boss is currently.
ETA: I should probably have made it clear I will be responsible for everything my soon to be former boss is currently.
This post was edited on 1/3/13 at 5:42 pm
Posted on 1/3/13 at 5:41 pm to LNCHBOX
Document what the increase in responsibilities and then go out and find the pay ranges for that position, and your current position. Numbers are a great influencers.
I hope the best for you but I am guessing you are going to get screwed on this, since you were likely underpaid already. Why would they give you much of a raise.
if the numbers don't work, ask him what you need to do to prove your worth. Document that and revisit in 6 months.
I hope the best for you but I am guessing you are going to get screwed on this, since you were likely underpaid already. Why would they give you much of a raise.
if the numbers don't work, ask him what you need to do to prove your worth. Document that and revisit in 6 months.
Posted on 1/3/13 at 6:22 pm to LNCHBOX
If you are doing everything your boss did then you have the experience. Kick em in the nuts and ask for stock and your old bosses salary
This post was edited on 1/3/13 at 6:24 pm
Posted on 1/3/13 at 11:04 pm to StrangeBrew
Get an elevator speech ready. "Big Boss, I'm happy as all get out to be taking on the additional responsibilities. You will not regret your decision to let me fill the shoes left by Little Boss. I do feel, sincerely, that I am due a salary adjustment at this time, and later when I am fully qualified. Please give this your consideration. I look forward to our challenges ahead."
This happened to me, and I did not prepare or discuss with the Big Boss. When I brought it up later, he said he was waiting on me to show confidence!
If you don't ask, you don't receive.
This happened to me, and I did not prepare or discuss with the Big Boss. When I brought it up later, he said he was waiting on me to show confidence!
If you don't ask, you don't receive.
Posted on 1/4/13 at 2:02 am to matthew25
quote:
If you don't ask, you don't receive.
This. There are generally two ways you get promotions and raises - you ask, beg, scream until you get it or you have someone above you in the company looking out for you and takes care of you in this area.
I believe most folks tend to depend on the latter strategy too often (they're afraid to ask for more money and responsibility because they might just get it!) and then stay unhappy in their job because you rarely have someone better than yourself looking out for you...
Posted on 1/4/13 at 7:19 am to Dark Tiger
I would make sure you know the job well before asking for anything. If they are giving you more responsibility, most of the time they will just give you a raise.
Posted on 1/4/13 at 8:14 am to LNCHBOX
Was in a similar situation recently. I work for a very large company and the person above me was leaving for a different position. They expected me to take on the load (which I was already taking on in expectation of getting the position when he left), while keeping my current position. All the while helping to train his replacement.
I walked into my manager's office and made my demands. My direct manager is a really good guy who completely understood everything I was saying. But at the time, I still didn't get the raise. My company basically gives you raises when you've reached new experience levels and that's it. I'm now casually looking around to see what other oppurtunities are out there. I think they've picked up on the fact that I'm not going to just take no for an answer, because now (3 months later) I'm getting an additional 2% on my yearly raise. Asking doesn't always lead to immediate results, but it's at least helped out a small amount over time. Good luck
I walked into my manager's office and made my demands. My direct manager is a really good guy who completely understood everything I was saying. But at the time, I still didn't get the raise. My company basically gives you raises when you've reached new experience levels and that's it. I'm now casually looking around to see what other oppurtunities are out there. I think they've picked up on the fact that I'm not going to just take no for an answer, because now (3 months later) I'm getting an additional 2% on my yearly raise. Asking doesn't always lead to immediate results, but it's at least helped out a small amount over time. Good luck
Posted on 1/4/13 at 10:20 am to KG6
I remember when I was first out of school many moons ago that I went to work for this company making absolute peanuts, but I was confident the experience I would get there would put me in a good position later in my career so I took it. After being there for about a year my immediate boss left, I took over his responsibilities and was told that I would be fairly compensated. About 2 months later the upper boss called me into his office and let me know that I would be getting a raise.....a $.50/raise, I was like WTF? After that I decided I just couldn't stay there making nothing.....
Though at the end of the day having that experience on my resume was all that I needed to help me move up the ladder and grab much higher paying jobs.
Though at the end of the day having that experience on my resume was all that I needed to help me move up the ladder and grab much higher paying jobs.
This post was edited on 1/4/13 at 10:22 am
Posted on 1/4/13 at 11:23 am to LNCHBOX
I had this occur just a month ago. A coworker left giving me his responsibilities on top of mine. I told my boss that I was very comfortable with working for my company and my environment, but I had seen the numbers of what others were making in my field and that I was going to expect increased compensation. That was all it took and he pulled me in about a week later informing me of a 14.5% salary increase.
Posted on 1/4/13 at 11:48 am to RickAstley
quote:
14.5% salary increase.
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