How to get a pay rise
If you are an employee, here’s betting you wouldn’t mind a pay rise. And if you are an employer – our bottom dollar remains safe if we say you hate having to discuss pay. Research shows only six in ten people actually bother to ask for a pay rise.
With more Coporate ‘downsizing’ and short-term contracts, there is an increasing climate of job insecurity in which people fear that asking for a pay rise will count against them – and could even cost them their job.
But if you′re happy in your position, asking for a rise might be the best option. If you enjoy your work and like your colleagues, why make life harder by job-hopping to increase your pay packet?
This is Money asked some senior executives for their opinions on how best to approach this knotty problem. We then sought proper advice from a group of recruitment experts and human resources directors on do’s and don’ts of pay-rise etiquette.