Asking for a raise question!

Anonymous

April 9,2023 at 4:29PM UTC

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Asking for a raise question!

Back story: I got hired about 7 months ago at a company I am at, for a specific job covering the largest portfolio of the the company. 4 months in they added 2 more portfolios (1 large portfolio and 1 medium) to my plate but no pay raise or title change.

Questions: this quarter we have reviews and the only time of year to discuss pay raises, is it ok to ask for a raise?

not going to lie, but I haven’t felt motivated to even go above and beyond because of the added work, that does not drive my passion for why I even accepted the role.

any advice?

I have always been the one that just never asks for a raise or a promotion and in my gut I feel as if I should, I just don’t know how or if it’s even ok

thanks so much

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AnonymousApril 9,2023 at 6:51PM UTC
I would muster up the courage to bring it up considering the new workload you have and the tighter bandwidth you are now managing. It might be worth it to look at industry benchmarks for your role given the larger charter now and see if you can bring in evidence/research to support your argument.
ANDREA RAGGAMBIApril 9,2023 at 7:07PM UTC
Don’t ask don’t get but figuring out how and setting your expectations appropriately is important.
First though, ask yourself how much a promotion or more money would help and for how long? What is the real end game? More money is an external motivator and it won’t fulfill what you need internally for very long if that motivation isn’t there. That doesn’t mean that it’s not a good time to understand what it takes or looks like to get a promotion. If you were your boss, what would you need to see and hear from someone to consider a promotion? What do you know about the conditions or expectations for getting a promotion? It’s fair to state that you’ve been handed more responsibility than you expected since you started and you’re curious what the opportunity is to make more or move up as a result of executing on this added responsibility. Ask your manager for feedback on your performance and, if you don’t get a promotion or raise now, what would that take- specifically? The other thing you should consider first for yourself is, what are your career goals and why is that career path important to you? What is your long game? Is a promotion in this role and at this company going to get you there? Be strategic and back into conversations with that end goal in mind. Good luck!
AnonymousApril 9,2023 at 8:06PM UTC
Love this. Thank you, exactly what I needed!
AnonymousApril 10,2023 at 4:28PM UTC
I think you should go into your next 1-1 or review with documentation of what you have achieved. I worry a bit for you that if you truly are a career person vs an hourly one that you are not willing to take on new things and more challenges for yourself. In 7 months there you have probably barely scratched the surface of your possibilities for greatness IMHO there is more proving to do. If it's a large company they may separate out the $ raises from the review cycle. One being - hey your'e doing a great job and this is how we rank you 1-5 - with 3 being average (usually for people who don't do more than the job description) 4 being stretches beyond 5 being walks on water. And the financial piece which may be decoupled into a later money piece. If you are money driven - it seems like you might be or perhaps feel slighted by not getting more in the past. Think about this strategically with the details you have about how your company does these things. I would advise if its a big enough company sit down with your HR business partner and ask them to walk you through the mechanics of how its done there and timing of both pieces. Ask how they deal with COLA (cost of living increases) and start performers. If they offer stock advise to be sure that is discussed as well. It's always good to ask for more but be sure the company value and process is that you have earned it. They may not think 7 months is enough time to reward what you think you are due. If you have been given too much new work and fear slipping on your deliverables that you currently have or experiencing burnout, definitely speak up about this before it becomes a thing.
ColetteApril 11,2023 at 6:14PM UTC
I have some thoughts here...I agree with someone else that you are only 7 months into your role and adding more after 4 months may be part of the ramping for the organization. People are often asked to take more of the same duties on without a pay raise. If you were asked to take on something that was outside your scope, I would be more concerned about the compensation.
I think you should also take in the macro economics right now. Not a lot of companies have been raising compensation and many have been laying people off. This is not an excuse to have others do more work, it is just a reality you should consider. Timing is everything.
Here is what I would suggest. Do some market research on compensation and see if where you live, the work you are doing and if your current pay is in alignment. If it isn't then maybe have the conversation with HR first so that you are not disrupting the relationship you have with your manager. If HR agrees, that you are under market value then start with how that can be changed and what the company policy is around this. Some companies only make adjustments during review time and others whenever it is needed.
Best of luck to you.
Kelly Harman-SeversonApril 11,2023 at 7:03PM UTC
If you do not ask for more money and a promotion , you will not get more money or a promotion. Women often think that if we are doing a great job and going above and beyond, we will get the raise and promotion. It doesn’t work like this.
Nicola BanksApril 17,2023 at 12:11AM UTC
Is there a senior role?
How does the remuneration strategy work at the organisation?
You should absolutely ask for both - outlining why, often a salary survey can assist with asking for the raise.
Remember to practice your pitch with someone you trust, the more your practice the better you will feel asking.
Best of luck!