1. Knowledge is power. Take some time to thoroughly research comparable salaries with associates and job advertisements
2. Be able to justify the reason for an increase. Make sure that you are able to show the “powers that be” that you are in fact outperforming your present job obligations. Financial Soultions feels that showing areas where your initiative saved the company money or effort or caused an upturn in profits, or that you are handling more than your portfolio requires, would be beneficial.
3. Align your personal goals with those of the company. If finding new business is the companies strategy, so should yours be, if cost cutting is the order of the day, lead the way in this direction "Think outside the box, get creative and be resourceful,”
4. All firms need talent, and talent comes with a price. Your firm needs to know the extent of your talent and the market price payable for that level of talent.
Financial Soultions research indicates that a pro-active approach to both your job and company will most often bare fruits when approaching ones boss for an increase, and that even in a recession most firms are prepared to pay a little more to keep the talent they have as opposed to bringing on new untrained staff.
