Sunday, September 25, 2011

How Do I Ask for a Raise When I Feel Underpaid and Overworked? [Ask Lifehacker]

How Do I Ask for a Raise When I Feel Underpaid and Overworked?Dear Lifehacker,
For the amount of work I do, I feel very underpaid. At work, there's almost a culture of having a heavy workload is a very good thing, so I'm not sure how to approach this sticky situation. Who do I ask for a raise and what are the possible repercussions of trying to deal with this?

Signed,
IT Slave

Dear IT.S,
Many of us can sympathize with you. Not being not fully compensated for your efforts can be demoralizing, and it's especially difficult when everyone else seems okay with being paid less for doing more. You might also hesitate to bring up a raise request in times like these, when there are massive layoffs and the economy is shaky, but it's only right that you get your fair market value. There are ways to frame the discussion about your position at the company without it being confrontational or having any negative repercussions, though, so don't worry. Here are a few tips.

Do Your Research

The most important thing is to arm yourself with as much research as possible to verify and make your case that you really are underpaid. Compare your salary against the salary of people in your area who have similar jobs and experience. Salary.com and Payscale.com are two sites that can help you get started with that.

Make a List of Your Work Achievements and Value at the Company

Because this is a salary negotiation, you'll need to provide concrete, compelling reasons why you should get a raise?framed in a way that shows you're an asset to the company. Rather than saying, I'm really overworked and need more money, for example, you would say, something like, "my tasks include this, this, and this" and in the last six months I've also added on these six other tasks usually handled by these four other departments (you get the drift).

Think also about your future at the company: things you might do to help your boss and the company achieve their goals, whatever they are.

Create a Formal Salary Request

Using the salary research you've done, create a salary letter asking for the raise amount you'd like, e.g., 4%, and show how it is in line with other salaries in your area for your position. Work in the tasks you do and your short- and long-term goals.

Then arrange a meeting with your boss or direct supervisor to discuss this request (don't just spring this request on him or her; your boss will likely feel cornered without enough lead time).

Or Use a Service to Help You with Your Request, GetRaised

How Do I Ask for a Raise When I Feel Underpaid and Overworked?GetRaised is a service that can streamline this whole process for you. For a one-time $20 fee (refundable in 6 months if you don't get your raise), it compares your salary against other similar salaries, finds out if you're underpaid or not and recommends whether or not you should ask for a raise now or wait, and then generates a raise request kit?a printable letter. GetRaised also offers a guide to negotiating your salary, with some very helpful advice.

The site, for example, in their FAQs answers one of your questions: GetRaised recommends reaching out to your boss, not the HR department, even if your direct supervisor doesn't have the power to make salary decisions, because he or she is the one who will be the prime decider whether or not you get the raise.

Many of the sticky situations regarding salary requests?if your company is losing money or others in your department have been turned down for raises?are answered in their FAQs and in the raise guide offered as part of your account.

Other Negotiation Tips

Whether you use GetRaised or work on your request on your own, you may be able to increase your chances of getting a raise by asking at the right time, rehearsing your request, and brushing up on top negotiation strategies.

Finally, don't be afraid to bring up the request just because being overworked is the work culture. You can frame your request sensitively and adapt. For example, if your request is turned down, consider asking for perks instead (like more vacation time) of a monetary raise. Or at the very least, ask if you could return to the discussion in 6 months' time.

Good luck! Photo by hiyori13.

Love,
Lifehacker

P.S. Have you had to handle this situation yourself? What would/did you do?

Source: http://feeds.gawker.com/~r/lifehacker/full/~3/AvuM7AW2IaQ/how-should-i-ask-for-a-raise-when-i-feel-underpaid-and-overworked

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