Potentash
  • Relationships
    • The Singlehood Series
    • Dating
    • Sex
    • Parenting
  • Lifestyle
    • Home
    • Food + Beverage
    • Fashion
    • Interviews
  • Stories
    • The Singlehood Series
    • Fiction
    • Poetry
  • Skin + Beauty
    • Skin
      • Skincare
    • Hair
      • Haircare
  • Wellness
    • Physical Health
    • Emotional Wellness
    • Mental Wellness
    • Social Wellness
    • Spiritual Wellness
  • Business
    • Business Finance
    • Personal Finance
    • Entrepreneurship
    • Investments
    • Personal Investments
  • Entertainment
    • Internet
    • Events
    • Music
    • Books
No Result
View All Result
  • Login
Potentash
  • Relationships
    • The Singlehood Series
    • Dating
    • Sex
    • Parenting
  • Lifestyle
    • Home
    • Food + Beverage
    • Fashion
    • Interviews
  • Stories
    • The Singlehood Series
    • Fiction
    • Poetry
  • Skin + Beauty
    • Skin
      • Skincare
    • Hair
      • Haircare
  • Wellness
    • Physical Health
    • Emotional Wellness
    • Mental Wellness
    • Social Wellness
    • Spiritual Wellness
  • Business
    • Business Finance
    • Personal Finance
    • Entrepreneurship
    • Investments
    • Personal Investments
  • Entertainment
    • Internet
    • Events
    • Music
    • Books
No Result
View All Result
  • Login
Potentash
No Result
View All Result
Careers: 6 Signs You Need A Pay Raise

image from https://www.topcv.com/career-advice/signs-deserve-pay-rise

Careers: 6 Signs You Need A Pay Raise

Laura Ayienga by Laura Ayienga
19 August 2021
in Careers
Reading Time: 4 mins read
7 0
0
9
SHARES
48
VIEWS
FacebookTwitterWhatsApp

Money doesn’t buy happiness, but it certainly makes a lot of problems easier to deal with. Yes, money doesn’t equate to happiness, but we can’t deny that it is important. As we grow careerwise, whether it is in terms of experience or time spent improving our skillsets, our net worth should definitely improve. But what happens when it doesn’t?

Everyone wants to earn more money so that they can grow in all aspects of their lives. As human beings, our needs are insatiable, and the more we earn, the more these needs expand. Here are 6 signs that you need a pay raise or salary increase depending on what part of the world you come from.

1. You are earning below industry level

Once you graduate with your friends, it’s easy to compare your growth levels especially because you’re most likely to land in the same industry. It is a red flag if your friends are earning significantly more money than you at the same job level, whether entry-level or managerial position.

Even if you’re not considering a move from your current place of employment, it is a good idea to keep an eye on job boards regularly. This way, you can keep up to date with the market rate for your occupation.

2. Additional Responsibilities

You’re working a specific role and then due to some circumstances, you get additional responsibilities. Suddenly you have double or even triple responsibilities on your plate. It becomes a problem when you’re still earning the same amount of money with a heavier workload. This is a sign you need a pay raise.

Consider what you were responsible for when you first joined the company. Now think about whether that level of responsibility has increased and, if it has, what it has grown to include. It could be that people have left your department and you have shadowed their work, or that you’re now working in more than one department. Doing much more than you were doing originally, depending on what that may be, is a surefire sign you’re ready for a pay bump.

3. The company that you work for is doing well

Every single employee plays a role in the success of an organization. This should be enough incentive to negotiate a pay raise, especially if your specific department is doing well. Take a moment to look around you. How is the company doing? Has the business reached its annual goals? Is it winning new clients left, right, and centre? Can you see that business is flourishing? If it appears the company you work for is doing financially well and you’re not benefiting, it’s time to ask for a pay raise.

4. Your skillset has grown

You join an organization, and three months later you graduate from university. That, in itself, is a reason to negotiate a pay raise. Why? Because it means that your skill set has grown and you can now prove it with papers.

Are you significantly better at your job than you were when you started? Attending training seminars, either in-person or online, and industry conferences is a great way to learn new things. Every sector is constantly evolving and developing. There’s always new knowledge to gain and this will always translate into your job. This could be a great reason to ask for a salary increase.

5. You’re earning less than others in the same role in the same organization

Some people definitely work better than others and deserve better pay, but this in itself is a sign that you need a pay raise. If you’re co-worker who is in the same role as you is earning way more than you, then that’s a negotiating point. I once read somewhere that co-workers hiding their salaries from one another is more detrimental than it is beneficial. That’s when you find out that you’re earning less with more responsibilities. Regardless, this information is a good reason to ask for a pay raise.

6. Your pay raises have been very small if any

If you’ve never had a pay raise, or if your raises have been small and insignificant, then it’s time for a pay raise. Why? Staying in an organization gives you more knowledge, skills, and experience. That, in itself, has got to count for something. It’s important to understand that raises are not a legal requirement, so whether you get one will depend on the company you work for.

If nothing changes after you ask for a well-deserved pay rise maybe it is time to move.   Careers: Don’t Bi*Ch About Your Job, Just Go

Careers & A Savvy Employee’s Guide To Asking For A Pay Raise

You Find Out That Your Colleague At the Same Level Earns More Than You. What Do You Do?

Career Tips: How To Fast Track Your Way To A Job Promotion

Share4Tweet2SendShare1Pin1
Previous Post

4 Ways To Get Over The Fear Of Cats – Ailurophobia

Next Post

Relationships: 5 Most Common Marriage Problems Couples Deal With

Laura Ayienga

Laura Ayienga

My name is Laura Ayienga, a 25-year-old writer & marketer, experiencing the highs (not claiming the lows) of life. I discovered my passion for writing on this very blog back in 2019 and since then, I’ve been using it to express myself as candidly and authentically as possible.

Next Post
Bound By Words: Their Professional Relationship As Editor And Writer Started On A Bad Note – Will They Find Common Ground?

Relationships: 5 Most Common Marriage Problems Couples Deal With

Please login to join discussion

Recommended

Regret No More: Mastering The Process Of Tattoo Removal

Regret No More: Mastering The Process Of Tattoo Removal

13 September 2023
21
When He Brags That He Slept With You But It’s A Lie

When He Brags That He Slept With You But It’s A Lie

1 August 2017
3.2k

Popular Stories

  • The Singlehood Series: I Left Her After She Met My Parents Because Some Red Flags Became Visible During The Visit

    The Singlehood Series: I Left Her After She Met My Parents Because Some Red Flags Became Visible During The Visit

    2 shares
    Share 1 Tweet 1
  • He Kept Saying He Was Over His Ex, But He Left My Birthday Dinner To Rush To Her Side

    3 shares
    Share 1 Tweet 1
  • We Met At A Funeral, And For A While, Grief Felt Just Like Love

    3 shares
    Share 1 Tweet 1
  • The Campus Girl Is Not A Wife Wrote Ivy Aseka: Such Sour Grapes Writing Is Damaging With Its Stereotypes

    271 shares
    Share 108 Tweet 68
  • Relationships And A Tolerable Level Of Permanent Unhappiness

    1584 shares
    Share 632 Tweet 395

Potentash Blog

Potentash is an award-winning lifestyle blog. We publish lifestyle content that intersects with health, women, beauty, travel, business, relationships, finances and entertainment.

Explore

  • The Singlehood Series
  • From Stairs To Ramps
  • Man Around Nairobi
  • Pearls And Heels
  • Personal Finance
  • Food + Beverage
  • Editor’s Pick
  • Reviews

Get the Potentash Newsletter

  • Newsletter Archive
  • Subscribe
  • Frequently Asked Questions
  • Privacy Policy
  • Contact Us

Copyright © 2023. Potentash, In Partnership with Decima

Welcome Back!

Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Login
No Result
View All Result
  • Relationships
    • The Singlehood Series
    • Dating
    • Sex
    • Parenting
  • Lifestyle
    • Home
    • Food + Beverage
    • Fashion
    • Interviews
  • Stories
    • The Singlehood Series
    • Fiction
    • Poetry
  • Skin + Beauty
    • Skin
      • Skincare
    • Hair
      • Haircare
  • Wellness
    • Physical Health
    • Emotional Wellness
    • Mental Wellness
    • Social Wellness
    • Spiritual Wellness
  • Business
    • Business Finance
    • Personal Finance
    • Entrepreneurship
    • Investments
    • Personal Investments
  • Entertainment
    • Internet
    • Events
    • Music
    • Books

Copyright © 2023. Potentash, In Partnership with Decima