Time to ask for a Raise

Stiffler2

Well - I think it's Time to ask for a Raise.
I need it to continue living my lifestyle and to pay my bills.

I looking want 4k extra a year.

So far this year I have saved the company the same amount of my salary which means I've worked for free for the last year or paid my own salary in savings.

Now it's pay back time.

How should I go about this / ask for it ??

Any idea's ?

Should I ask nicely which I will in any event or tell them I'll leave if I don't get it & to start looking elsewhere ?

lividduck

Stiffler2 wrote: »

Well - I think it's Time to ask for a Raise.
I need it to continue living my lifestyle and to pay my bills.

I looking want 4k extra a year.

So far this year I have saved the company the same amount of my salary which means I've worked for free for the last year or paid my own salary in savings.

Now it's pay back time.

How should I go about this / ask for it ??

Any idea's ?

Should I ask nicely which I will in any event or tell them I'll leave if I don't get it & to start looking elsewhere ?

So long as you are certain that when they call your bluff you will have no problem paying your bills on the dole you will be fine.
Or maybe you think that none of the 450,000 unemployed could do your job as well as you for the cuurent rate of pay that you recieve.
personally, I think you need a reality check.

smash

You spend too much tome on boards to warrant a raise!

Stiffler2

smash wrote: »

You spend too much tome on boards to warrant a raise!

Haw Haw

Stiffler2

smash wrote: »

You spend too much tome on boards to warrant a raise!

I don't think it's that unreasonable. The company is writing cheques left right and centre and no I don't work in a bank.

There is certainly no shortage of cash in the company I work in.

Also our dept. numbers were cut in half so our workload doubled.
On top of this as well new things came in - can't say what

and these new things increased my workload further so I think it's deserved.

+ I have never asked for one before & I've been here 5 - 6 yrs so I think it's only fair really.

smcgiff

Stiffler2 wrote: »

So far this year I have saved the company the same amount of my salary which means I've worked for free for the last year or paid my own salary in savings.

If that's not part of your remit then you should have a good case.

If it is part of your job then you'll have to do better than that.

Daemos

Stiffler2 wrote: »

So far this year I have saved the company the same amount of my salary which means I've worked for free for the last year or paid my own salary in savings.

So you are helping them break even, but now you want them to give you more money even though you'll only save them the same amount as before, thereby losing money?

Flawless logic :rolleyes:

Baneblade

lol the company will wish you all the best in the future, let you go and hire someone else to do your job for 4k less

CardBordWindow

Know anyone with a gun you can borrow?

jester77

Look around and get another job offer, it's the best way to negotiate. Tell them you've been headhunted with an interesting offer with better compensation, but that you would rather stay in your current role.

Thirdfox

Op employers generally pay employees 1/10th of the net worth they bring in (at least in my industry).

The other 9/10 pays for the utilities, equipment, ancillary services etc and profit for the company.

So, in my business asking for a raise is certainly possible. As long as you can show that you've increased firm turnover by an extra 40-50,000 (minimum) I don't see why they wouldn't agree to a 4-5k salary increase.

Or maybe a bonus is what you are looking for, this may be more appealing for the employer as it's potentially once off and incentivises you to continually work hard.

Stiffler2

Thirdfox wrote: »

Op employers generally pay employees 1/10th of the net worth they bring in (at least in my industry).

The other 9/10 pays for the utilities, equipment, ancillary services etc and profit for the company.

So, in my business asking for a raise is certainly possible. As long as you can show that you've increased firm turnover by an extra 40-50,000 (minimum) I don't see why they wouldn't agree to a 4-5k salary increase.

Or maybe a bonus is what you are looking for, this may be more appealing for the employer as it's potentially once off and incentivises you to continually work hard.

Thnx, this was the kind of info I was looking for.

My current job role in no way should I be saving them money, but alas I did throughout the year so this looks great on me I suppose.

A bonus wouldn't cut it as it's once off & I'm looking for the increase to pay my bills every month.

LuckyLloyd

Get your CV updated, open / update your LinkedIn profile and spend a few weeks seeing what's out there first. Get a feel for what other options you may have on the market (if any).

On the basis of that, work out how much personal leverage you have before you request a meeting on this topic.

Good luck.

ejmaztec

Stiffler2 wrote: »

Thnx, this was the kind of info I was looking for.

My current job role in no way should I be saving them money, but alas I did throughout the year so this looks great on me I suppose.

A bonus wouldn't cut it as it's once off & I'm looking for the increase to pay my bills every month.

If you've saved them the cost of your salary, then it would have cost them the same as if you hadn't been there at all.

You should be making enough to cover the cost of at least three salaries before you put yourself in the firing line.:eek:

al28283

Stiffler2 wrote: »

There is certainly no shortage of cash in the company I work in.

Also our dept. numbers were cut in half so our workload doubled.

Contradiction

companies rolling in cash don't let half a department go

Hande hoche!

Extortion?

pickarooney

You should be able to ask for a cost of living allowance without fearing the sack, in fairness.

pcardin

From my own experience I found that was easier to find better paid another job than convince current employers to increase my sallary. But maybe it's just me - can't beg.

Stiffler2

al28283 wrote: »

Contradiction

companies rolling in cash don't let half a department go

They weren't let go for money reasons.
Like I said the company has loads of cash

coco_lola

Surely they can't let someone go for asking for a pay raise? If they decline, he can accept to stay on the same salary as he was originally on?

My company offered to review my salary in 6 months, so I would feel that if you work hard, you can present your case, showing them why you feel you deserve a raise. If they decline, then you stay on current salary, or leave?

Daemos

Also if you cost them €x, and save them €x, they could just sackl you and still maintain the same profit margin

smcgiff

coco_lola wrote: »

Surely they can't let someone go for asking for a pay raise? If they decline, he can accept to stay on the same salary as he was originally on?

My company offered to review my salary in 6 months, so I would feel that if you work hard, you can present your case, showing them why you feel you deserve a raise. If they decline, then you stay on current salary, or leave?

Read the last sentence of the op again

Dave147

ejmaztec wrote: »

If you've saved them the cost of your salary, then it would have cost them the same as if you hadn't been there at all.

You should be making enough to cover the cost of at least three salaries before you put yourself in the firing line.:eek:

Except there would've been no one doing his job..

TreesAreCrowd

Having a chuckle at the retards who think you'll be sacked for asking for a raise. Maybe in your jobs, which I assume are shíte or non-existent, but not in most reasonable companies.

The very best way to get a raise would be to secure work with another company and let the current company know you're leaving because of the pay. If you're a worthwhile employee, you'll get a raise and probably more. If you're not, you'll be moving to the new job.

However, the worst they can say is "no" to you asking for a raise outright. You're there years, are a decent worker, etc. so I'd say go for it.

If you're in any way on good terms with the management you'll have no problem.

biko

Practise your responses to:
"It's a recession, dontchaknow?!"
"We didn't fire all those people just to pay you more..."
"So what makes you so ****ing special?"

Good luck.

Micky Dolenz

Just ask.

44leto

OP how many people did you lay off to get those savings??

ongarboy

OP - are you serious? As someone said, an employee is typically expected to generate multiple times revenue for the company than what the company pays the employee to justify hiring them in the first place. Using your logic, all the revenue a company takes in from staff productivity would go 100% on paying salaries. What funds would you expect the company to then use to pay for materials/facilities/rates/taxes/insurance as well as expansion/capital investment? Not to mention the ability to make a profit.

Get out of cloud cuckoo land as there are many in the 450000 souls signing on each week who will happily take your pay to improve their "lifestyles"

TreesAreCrowd

ongarboy wrote: »

OP - are you serious? As someone said, an employee is typically expected to generate multiple times revenue for the company than what the company pays the employee to justify hiring them in the first place.

Ok ok, let's slow down for a minute, your brain clearly needs a bit of time to catch up.

Let's have a look at the sentence you're attacking for a start

So far this year I have saved the company the same amount of my salary

Now, when someone says "so far this year", I think we can presume they mean this calendar year. If he has made the company an equal amount as his yearly salary so far, that would mean that by the end of the year he will have most likely made the company twice to three times the amount they're paying him, potentially more. This would qualify him as an employee "generat[ing] multiple times revenue for the company than what the company pays the employee"

Using your logic, all the revenue a company takes in from staff productivity would go 100% on paying salaries.

What you're using there buddy is your failed logic or dire reading comprehension ability.

What funds would you expect the company to then use to pay for materials/facilities/rates/taxes/insurance as well as expansion/capital investment? Not to mention the ability to make a profit.

More mindless rambling.

Get out of cloud cuckoo land

Learn to read properly, perhaps.

as there are many in the 450000 souls signing on each week who will happily take your pay to improve their "lifestyles"

You say this as though any of the people on the dole could walk in and simply replace him at his job, that's very presumptuous, and you're telling people to get out of cuckoo land?

Get a grip.

gurramok

al28283 wrote: »

Contradiction

companies rolling in cash don't let half a department go

Some do, they use the recession to increase profit margins to obscene amounts.

Scanlas The 2nd

ongarboy wrote: »

OP - are you serious? As someone said, an employee is typically expected to generate multiple times revenue for the company than what the company pays the employee to justify hiring them in the first place. Using your logic, all the revenue a company takes in from staff productivity would go 100% on paying salaries. What funds would you expect the company to then use to pay for materials/facilities/rates/taxes/insurance as well as expansion/capital investment? Not to mention the ability to make a profit.

Get out of cloud cuckoo land as there are many in the 450000 souls signing on each week who will happily take your pay to improve their "lifestyles"

Thats the attitude of a loser. Who cares whose on the dole, you should seek to get the best money and terms you can for yourself. 3 months ago I left a stable job and got a new job with a 36 percent raise. I could have just been thankful with my boring underpaid job, but where would that have gotten me.

ongarboy

TreesAreCrowd wrote: »

Ok ok, let's slow down for a minute, your brain clearly needs a bit of time to catch up.

Let's have a look at the sentence you're attacking for a start


Now, when someone says "so far this year", I think we can presume they mean this calendar year. If he has made the company an equal amount as his yearly salary so far, that would mean that by the end of the year he will have most likely made the company twice to three times the amount they're paying him, potentially more. This would qualify him as an employee "generat[ing] multiple times revenue for the company than what the company pays the employee"



What you're using there buddy is your failed logic or dire reading comprehension ability.



More mindless rambling.



Learn to read properly, perhaps.



You say this as though any of the people on the dole could walk in and simply replace him at his job, that's very presumptuous, and you're telling people to get out of cuckoo land?

Get a grip.

Hands up, I completely misread the OP. I thought it was a full year's work he was referring to. Thanks for clarifying it for me.

MungBean

Tell them you want more money or you'll burn the place to the ground.