Pay Raise

I've been in the IT industry for nearly 10 years now. I have my degree, picked up a few certification, working on a few in my spare time. I bust my ass off for the company I'm with. I'm new to a manager's roll and have taken the bull by the horns and have ran with it. I have definitely excelled in my position and have overcome some fears of being a manager.

Now it's time for my yearly review and I'm not sure how to ask for a pay raise. I definitely deserve one... just not sure how to ask or what to say.

Suggestions?

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Comments

JamesFigueroa

Ive always gone with "Show me the MONEEYYYYY!!!"

I should also mention im 0 for 3 with that line so hopefully someone has a better one ;p

higherho

First I would write down all your achievements you did with the company and list how those achievements helped production increase. Show them the progress you made in your career and by doing so it is helping the company grow (either in profits, or employee relations).

If this does not work then after the review is over and you get your grade and its submitted. I would then apply for a job that will send you a high offer letter, take that offer letter to your boss and try to get a raise that way by stating things like "I'm worth more than what your giving me and other company's recognize this". This is a scare tactic and is typically used if nothing else works.

Hypntick

higherho wrote: »

First I would write down all your achievements you did with the company and list how those achievements helped production increase. Show them the progress you made in your career and by doing so it is helping the company grow (either in profits, or employee relations).

If this does not work then after the review is over and you get your grade and its submitted. I would then apply for a job that will send you a high offer letter, take that offer letter to your boss and try to get a raise that way by stating things like "I'm worth more than what your giving me and other company's recognize this". This is a scare tactic and is typically used if nothing else works.

Just make sure the offer letter is a legitimate one, cause you may find yourself needing to take the other job.

undomiel

higherho wrote: »

First I would write down all your achievements you did with the company and list how those achievements helped production increase. Show them the progress you made in your career and by doing so it is helping the company grow (either in profits, or employee relations).

This part is good advice. Demonstrate and quantify your value to the company.

higherho wrote:

If this does not work then after the review is over and you get your grade and its submitted. I would then apply for a job that will send you a high offer letter, take that offer letter to your boss and try to get a raise that way by stating things like "I'm worth more than what your giving me and other company's recognize this". This is a scare tactic and is typically used if nothing else works.

Do not follow this part. Attempting to bully your company will not get you in good graces. They could very well let you go right on the spot. Even if they don't let you go you'll be seen as a liability and will very likely be marked for replacement. It generates bad blood. Don't bite the hand that feeds you.

Zartanasaurus

higherho wrote: »

First I would write down all your achievements you did with the company and list how those achievements helped production increase. Show them the progress you made in your career and by doing so it is helping the company grow (either in profits, or employee relations).

If this does not work then after the review is over and you get your grade and its submitted. I would then apply for a job that will send you a high offer letter, take that offer letter to your boss and try to get a raise that way by stating things like "I'm worth more than what your giving me and other company's recognize this". This is a scare tactic and is typically used if nothing else works.

Or you could just take the other job that recognizes your worth.

higherho

Plus when you talk to your company make sure you sound focused and serious. If their is any doubt in your words or nervousness they will not take you seriously.

undomiel wrote: »

Do not follow this part. Attempting to bully your company will not get you in good graces. They could very well let you go right on the spot. Even if they don't let you go you'll be seen as a liability and will very likely be marked for replacement. It generates bad blood. Don't bite the hand that feeds you.

Hence why I said this is a last ditch effort before leaving the company if they dot not comply with your other demands that are ligament, well thought out, and kind.

plus it all depends on your presentation of this tatic. For example you can go to your boss and have a serious discussion and state that I been givin other offers of employment that are offering much more money. I would love to stay with this company but I cannot sustain my life with these current funds.

You see that's not a bad way to approach it and it does not make you look like you are evil or trying to stick it to the man. It shows them you love the company enough to come back and ask for a raise even though you already have an offer / start date and it shows that you care enough to give them a professional stance on the subject and not just

"I need more money, can you give it to me. If not I'm going to leave for this company because of this offer letter"

Presentation, character, and integrity matter a lot in the corporate world. Of course if your company cares nothing but the bottom line then thats not a good company to work with.

JamesFigueroa

higherho wrote: »

First I would write down all your achievements you did with the company and list how those achievements helped production increase. Show them the progress you made in your career and by doing so it is helping the company grow (either in profits, or employee relations).

This is the best advice. You have to prove your worth what you think your worth. Not a guarantee but it will certainly help your chances

SteveLord

Did you already get one when you took on this "manager role"?

If not, perhaps the company already acknowledges your ascension to manager and will be the ones to bring it up first? Obviously, it doesn't hurt to have something planned out in case they don't.

crrussell3

I agree with what others have said. Write down everything you have done for the company, how it has affected their bottom line, how you have stream lined processes, saved tons of $$$, etc. This will show that you have their best interests in mind, and are worth a higher salary (hopefully).

If they decline, start looking for another job. Don't bother with trying to present them with an offer letter to get a raise, and even if they offer to pay you more when you put in your resignation, I would be very cautious of excepting. They now know you have every intention to leave when you find another job that will pay you more money, and will be looking for your replacement sooner than later. Or they will find any reason to fire you.

MAC_Addy

SteveLord wrote: »

Did you already get one when you took on this "manager role"?

If not, perhaps the company already acknowledges your ascension to manager and will be the ones to bring it up first? Obviously, it doesn't hurt to have something planned out in case they don't.

I was actually hired as a computer technician, a couple of weeks later they told me that my title needs to be changed from computer tech to IT manager, when they moved me to the different title they didn't give me a pay increase and I was too new in the company to ask for one.

Xcluziv

MAC_Addy wrote: »

I was actually hired as a computer technician, a couple of weeks later they told me that my title needs to be changed from computer tech to IT manager, when they moved me to the different title they didn't give me a pay increase and I was too new in the company to ask for one.

Computer Tcch = IT Manager......wow...thats a huge title change.....who messed that up

:

Well, it never hurts to have a plan in action to ask for one. Just have thorough evidence as to why you should have one. I always say...what's the worse they could say, NO...but thats just me

cyberguypr

MAC_Addy wrote: »

I was actually hired as a computer technician, a couple of weeks later they told me that my title needs to be changed from computer tech to IT manager, when they moved me to the different title they didn't give me a pay increase and I was too new in the company to ask for one.

Am I right assuming they didn't hire you with management duties as part of your job description?

LordQarlyn

undomiel wrote: »

Do not follow this part. Attempting to bully your company will not get you in good graces. They could very well let you go right on the spot. Even if they don't let you go you'll be seen as a liability and will very likely be marked for replacement. It generates bad blood. Don't bite the hand that feeds you.

I agree. I've seen some highly talented people given the boot, despite the great (and in one case, almost indespensible) value they brought to the table. The dude that was indespensible also had an ego to match, and don't get me wrong, he did bring in massive new business AND cut costs, (water cooler talk was he tripled department's profits, at least - in a single year), fixed virtually any problem he attacked. He thought he could bully the management for more money and perks, precisely by throwing in an offer letter in their face. He undoubtedly deserved a big pay raise, but rubbed the management wrong, and the C level fired him on the spot. To make matters worse, he knew the hiring manager very well of the other company and gave him a heads up, they retracted their offer. Pretty much happened anytime a new company called his prior employer.

Last I heard, took a while but he finally got back on his feet, learned some humility.

SteveLord

MAC_Addy wrote: »

I was actually hired as a computer technician, a couple of weeks later they told me that my title needs to be changed from computer tech to IT manager, when they moved me to the different title they didn't give me a pay increase and I was too new in the company to ask for one.

Who else do you manage? You still haven't explained in detail why you think you need one. Achievements you made before this position isn't good enough. Because you bust your ass is laughable because everyone believes that about themselves.

Being "busy" does not necessarily justify a raise.

(And I'm not trying to bust your balls.)

ibcritn

Sounds like you are with a smaller company (I know I come from that background).

They may have seen your ability and said "Oh wow, what a great resource we can move him to management or more responsibility, but he wont have the experience to demand more $$ so win win for us"

This mentality is common with smaller companies so be prepared to fight that mindset. I would say --- I would like my year review to reflect my drastic change in responsibility from what I was hired on to complete. There is nothing wrong in expecting to be compensated after you have 1. taken on a new role 2. new/more responsibility 3. performed in that role

Good luck!