I Asked and Got a Raise!

wpid-img_20130830_100750.jpgA few weeks ago I inquired on Twitter how often one should expect a raise and at what percentage. The most common response being ”annually, and inflation rate”.

I have never had to ask for a raise. I’ve negotiated my starting rate or salary but never had to ask for one. It was always given to me at a rate which I thought was fair but since being back to work from maternity leave, going on 16 months, I haven’t received one. Though I assumed it was an oversight by my employer, I decided to wait until the end of the summer (when my raises usually are) to approach the subject. When September rolled around with no pay increase was reflected on my pay stub, I brought it up.

My boss and I have a very casual relationship where we tend to do our best chatting via text and email. I work exclusively with him for 16 hours a week but we never actually have time to speak ourselves. We’re both very busy and no time to chat. Rather than just corner him one day during his only five minute breather, I planted a seed via text with a ”hey, I’d like to chat with you in the next week or two about a potential raise”. This way he knew I needed time and what it would be about. Nothing worse than catching your boss off guard when you want to talk about money.

I respected the fact that he was busy and waited a week. When we didn’t have time, and after he didn’t bring it up, I reminded him during one of our other conversations about work simply saying when he had a minute I was going to email him a document to look over regarding my potential raise.

My husband’s cousin works in HR and was able to provide me with a very detailed, province and city specified payroll document outlining basically everything about my job broken down by everything from years experience to dental specialty. It was a mecca of information and statistics. Though I was getting a fair wage, there was room for improvement based on this new found information exposing my entire field of work, I was prepared. I handed over the document and wanted to see what he thought was fair before I came at him with my (potential) counter offer.

I was also prepared to discuss my job, the vital roles I fill and my effectiveness as an employee. Though I was pretty sure he was aware at how vital I was after working together over five years, I was prepared none-the-less should the discussion come to it.

I was pleasantly surprised this week to see a 5% raise reflected on my pay stub. In my case there was very little negotiation actually took place. Once he had this document it was really all he needed and 5% was more than fair.

A few people have asked what I plan on doing with the raise, 75% will be going directly towards debt, helping me meet my goals and the other 25% being added to kiddos monthly RESP (education savings), no lifestyle inflation for this family, not yet at least 😉

Enjoy Plunged in Debt?

Pid

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Comments

  1. Congrats on the raise! Glad to hear about where the raise will be going as well 🙂

  2. Congrats! Thankfully, we do get annual performance reviews with annual merit increases. They are usually about 2-3%

  3. Congrats Catherine! Every little bit helps!

  4. Congrats on the raise!
    My workplace has each employee resign contracts at the end of the fiscal year, which is when we should all see a raise of about 2%. I can’t wait – I was hired on in September for less than what I wanted to be making, but on April 1st I will see about a 6% increase. Like you, this will help me pay down my debt. Fingers crossed!

  5. Good work, I asked for and received a raise last year, about 18 months ago. Right now they’re pretty much holding everybody off (thanks, Obamacare) so there’s not really an opportunity at the moment.

  6. Congratulations on the raise! I also asked for a raised but was denied, womp womp. You could guess what my next move is going to be.

  7. Congrats! That’s awesome you were able to get such a document. I would say nothing beats being prepared when asking for a raise. It’s hard to decline in the face of data, even though I know it happens to some people. I like your plans as well; it’s hard not to give into lifestyle inflation, but I know your priority is getting out of debt.

  8. Congrats! 😀

  9. Congratulations! That’s great news, and I love that you’re going to use it extremely wisely! (I’d probably be tempted to go on a bit of a shopping spree with that new bump!)

  10. yay congratulations on the raise!!! You made that seem easy lol I like that you already set that aside for the debt repayment!!!

  11. Congratulations on the raise! 5% is a good bump!

    Raises and bonuses are determined in January for me. I’ve never worked in a corporate setting before, so it will be interesting to see how everything works out.

  12. Congratulations on the raise! There’s nothing like preparation and facts to help your manager make a good decision.

  13. Congrats! That’s awesome. Hoping I get one this year at the end of December…

  14. Congratulations on getting your pay raise, Catherine. Nicely done too: I can see how it must be difficult to ask for more money (and I’m sure that many people fall into the trap of not doing so as a result), and I like the way you brought the subject up in a round-about way to avoid introduce your boss to the idea before hitting him with the request.

  15. Good work! Planning like that is a good strategy. I work for a company that is losing money and constantly restructuring, so raises are not automatic. I think it’s time I deploy a similar strategy again. I’ve done it before and got a substantial raise.

  16. Congratulations on the raise! I think if you feel you put a lot of hard work and feel you deserve it, why not? There’s no harm in asking, right? So happy for you! That’s a right move.

  17. Great idea and you’ve worked your plan nicely and professionally. I really like the idea of not jumping on his throat with the request and also doing the work to provide info about why you deserve it. Kudos to you 🙂

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