It’s something we avoid discussing, even among our friends and family and so it becomes all the more difficult to broach with our colleagues or manager. This lack of transparency is something that has allowed certain companies to underpay their employees, deny pay increases and has even contributed to the ongoing gender pay gap. So how do you overcome the awkwardness, embarrassment and perceived rudeness to secure that all important raise? Here’s 5 tips to help you during negotiations: Be informedInformation is power so make sure you stock up. Research the demand for candidates with your title, skills and experience and compare the average industry salaries within your location. But don’t stop there, do a deep dive on the make-up of your own company too and find out how pay increases are calculated. By looking at the number of people in specific teams, evaluating their tasks, longevity and impact in their roles, it’s easier to gauge your own value and ask for a realistic figure. That said, your salary shouldn’t be solely determined by what those around you are earning nor should it be limited by your time in the company. If you feel you’ve earned a substantial increase and… Read full this story
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