How to Negotiate a Raise

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CAREER CORNER

How to Negotiate a Raise [by Karen A. Lefkowitz] All lawyers attempt to master the art of negotiation. Although frequently they use the art to further the interest of a client, lawyers sometimes need to negotiate for themselves. That is especially true when the goal is a raise.

Experts say there are important rules to

that employees should be aware of internal

may have. Knowing what to expect can be a

follow in securing a raise. To begin with,

and external pressures such as the financial

tremendous aid in handling the overall situ-

employees should not ask for raises unless

stability of the company and the current state

ation.

they have been at the company for at least a

of the economy.

year or more. Other issues to consider are a

Mr. Chapman suggested some things not

self evaluation of performance, timing, the

Employees should find out if their organiza-

to do when requesting a raise. “Do not talk

approach, and alternative options to a pay

tion has a scheduled time period for making

about how you need this or need that. Sym-

increase such as more vacation days, flexible

raise requests, experts advise. Mr. Chapman

pathy doesn’t work with lawyers. Do not give

work arrangements, or stock options.

suggests drafting a memo and handing it in

ultimatums and don’t threaten to quit.”

a few weeks before the employee would like It is imperative for employees to have a firm

to schedule the meeting to discuss a raise

The employee’s attitude is extremely

grasp of their job description and the com-

request. He stated, “the memo should be no

significant, experts say. Weakness never

pensation policies, experts say. Self evalua-

more then a page and should list your targets

looks good, but neither does arrogance.

tion is an important first-step in deciding to

and goals.”

An employee should be prepared to support his or her reasons for wanting a raise

ask for a raise. Understanding one’s worth is essential. Jack Chapman, a Career & Salary

The status of the business can play a key role

and gracefully handle whatever decision is

Coach and founder of www.salarynegotia-

in whether it is an appropriate time to ask for

made. Maintaining a confident, professional,

tons.com, stated, “an employee must look

a raise. If the business is doing well, this can

positive attitude, as well as having the cor-

at what is special and unique about their job

prove an opportune time to try to reap the

rect information to support the request, will

performance; that is what a boss will pay

benefits of the company’s success.

facilitate a successful interaction.

for.” If an employee has recently experienced a

If a request for a raise is denied, career

Experts recommend that employees review

major achievement, such as winning a case,

consultants advise that an employee should

their accomplishments and be prepared to

this can also be a superb time to ask for a

suggest some alternatives such as extra

discuss how and why they have added value

raise, according to Mr. Chapman. Another

vacation days or stock options. If this is not

to the company. Keeping a job diary is an ex-

great time is if an employee has been handed

an option, employees should consider look-

cellent way of maintaining a record of one’s

additional responsibilities or an annual

ing for new employment where their financial

accomplishments.

review is pending.

needs will be satisfied.

Successful research will assist an individual

Understanding the culture of the office, as

Employees willing to remain with the com-

asking for a raise, experts say. Review what

well as the bosses’ personality, plays heavily

pany despite the lack of a raise should ask

others in the same position in and out-

into the effectiveness of the approach. The

their employers what improvements they

side the organization make. Mr. Chapman

specific tactics used should be dictated by

can make in their performances. Positive

recommends utilizing the Internet. “Jobstar.

the character of the boss, the employee’s

changes may result in a raise in a subse-

org has the mother load of online salary

relationship to the boss, and the general

quent year.

surveys,” he said.

culture of the business environment.

Timing is critical. Planning ahead will help in

Career coaches stress the importance of

improve the chances of receiving a raise. An

achieving the desired result. Experts advise

anticipating what reactions a supervisor

employee should sit down with his or her

Mr. Chapman suggests an exercise that can

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