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A ladder is a perfect example for our life. We all want to grow for the betterment. None of the ignited souls will ever say, “This is enough for me”! There is always room for more. This article focuses on the more part in terms of the pay raise. However, here we are talking only about the doers and not about the all talk and no action section of the society!

Perks, appraisals and praises! These three words mean everything to an employee apart from the psychological satisfaction one gets. I don’t think anybody can counter this statement, unless you are doing some social service! More than anything, it is your rights! But you have to be mindful of your approach. A wrong strategy can make it a big flop for you.

Here are a few things that might come in handy:

• Know your company policies. If your company policies and your genuine request are in sink, then proceed further.

• Never demand a hike. Bear in mind that you are dealing with your superior here and not your buddy! Command it the right way.

• Have a plan in mind. A professional always has a strategy in hand. It is also a good idea to have a backup plan, in case if your primary plan doesn’t work out.

• Follow the hierarchy. Do not directly approach your boss for the purpose. Get in touch with your reporting person firstly and keep them posted on what is in your mind.

• Show you deserve a pay raise. You can make a power point or even write a letter on the accomplishments you have made till date to prove that you are worthy of the hike.

• Threatening to quit is not the solution. If you think this is a very clever move you can make, you are thoroughly mistaken. There are thousands of john’s and Elizabeth’s waiting to fill your place!

• Arrange for a meeting with the concerned authority. A two way communication always yields more results than a one way mode. Let the letter be used to put down the facts, but make sure you deliver it verbally as well.

Incorporate these strategies when you want a pay raise and the outcome is sure to turn out in your favor.

All the best in all your career endeavors!