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How to get a Raise even when the Economy is Struggling

Those of us that are fortunate enough to have jobs, often feel over worked and under paid.  Companies are downsizing everywhere you look, but even though positions have been eliminated, the workload remains.  Someone has to do this work, and usually it falls to the few that are left to pick up the slack.  If you are wondering how to get a raise in this economy, you have come to the right place!

The first thing you need to know if finding out how to get a raise is on your mind is that you must OVER PERFORM!   Basically, over perform means find out what exactly your employer’s expectations of your position are, and exceed them!  Don’t make the mistake of just assuming you know what your employer expects from your particular job duties.  Often times we think we are only expected to do A, B and C, but the employer actually wanted to see D, E, and F done as well.  Check with human resources and get your exact job description.  Then talk to your boss, your immediate supervisor and find out what that person wants to see in your position.  Know their expectations as you can only exceed them if you know exactly what they are.

Do not even consider asking for a raise if you are not exceeding the job expectations!  Remember that when the economy is struggling, money is tight for your employer as well.  Even in a great economy, unless you are going the extra mile, no company would consider giving a good raise to an employee that is just barely meeting the expectations of the position.

The next thing you should do if you are trying to find out how to get a raise is to document your value.  If you are increasing sales, document it!  If you are able to find ways to make your job more efficient document it!  Be able to show your value to the company in black and white!  Just showing up for work on time and performing the job functions is not enough to prove your value. Proving value means going the extra mile, doing things that genuinely add value to the company. 

If your workload has increased due to recent downsizing, you can certainly use that as a tool when trying to get a raise, but be prepared to show how you are able to complete the extra duties while still adding value.  For example, you took on three additional accounts and are not only increasing sales in those accounts, but also found a streamlined way to manage the updating of account notes by implementing a new system.  Be specific, document everything, and prove your worth.

Remember, even if you do not get that raise, going the extra mile, exceeding expectations could open up the possibility of a promotion which would also increase your income.  Doing a good job is just not good enough anymore.  You need to prove your value, know the expectations and exceed them at every possible point if you want to get a raise.


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