Comments on: What kind of pay raise should I ask for? http://mindyourdecisions.com/blog/2009/02/09/what-kind-of-pay-raise-should-i-ask-for/ Articles on game theory and personal finance Thu, 09 Feb 2012 18:20:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Sean The Pay Raise Guy http://mindyourdecisions.com/blog/2009/02/09/what-kind-of-pay-raise-should-i-ask-for/comment-page-1/#comment-7283 Sean The Pay Raise Guy Tue, 07 Sep 2010 09:44:43 +0000 http://mindyourdecisions.com/blog/?p=1284#comment-7283 I might have stumbled across this blog a little late but the response is still relevant! I always really encourage people to consider their total salary package - not just their obvious salary, particularly during a difficult economy. When times are tough employers can worry that a pay raise for you means a pay raise for everyone. I definitely suggest that you ask for a salary increase, but I also encourage you to think about additional annual leave, reduced working hours for the same pay, education and training costs, the opportunity to work from home, membership to professional associations and more. Ty - How did you go? I might have stumbled across this blog a little late but the response is still relevant!

I always really encourage people to consider their total salary package – not just their obvious salary, particularly during a difficult economy.

When times are tough employers can worry that a pay raise for you means a pay raise for everyone. I definitely suggest that you ask for a salary increase, but I also encourage you to think about additional annual leave, reduced working hours for the same pay, education and training costs, the opportunity to work from home, membership to professional associations and more.

Ty – How did you go?

]]> By: Ty http://mindyourdecisions.com/blog/2009/02/09/what-kind-of-pay-raise-should-i-ask-for/comment-page-1/#comment-5961 Ty Thu, 10 Dec 2009 07:05:29 +0000 http://mindyourdecisions.com/blog/?p=1284#comment-5961 I have some questions, I work for a Church corporation as a Facilities Manager. The Church I work for recently merged with another local church, doubling the square footage I'm responsible for. Both properties have schools, offices, residences, and other buildings besides a church. They did not merge financially, and the Pastor (Boss) has hired me at the second facility to work part time. I'm paid hourly, and don't get paid overtime for working at the second facility. My workload has increased and I'm spending more time at work and less with my family. I would like to ask for a raise because of the increased workload. I don't think I can approach asking for a raise by saving the corporations money as I often spend church funds. Example: hiring contractors to do building maintenance, purchasing building materials, purchasing janitorial supplies, & tools for my maintenance staff. It hard to show how spending money saves money. Lastly my Boss is very financially conscious, and it would help to have some numbers to justify what I'm asking for. I like the idea of focusing on what my Boss thinks is important. Any advise? I have some questions, I work for a Church corporation as a Facilities Manager. The Church I work for recently merged with another local church, doubling the square footage I’m responsible for. Both properties have schools, offices, residences, and other buildings besides a church. They did not merge financially, and the Pastor (Boss) has hired me at the second facility to work part time. I’m paid hourly, and don’t get paid overtime for working at the second facility. My workload has increased and I’m spending more time at work and less with my family. I would like to ask for a raise because of the increased workload. I don’t think I can approach asking for a raise by saving the corporations money as I often spend church funds. Example: hiring contractors to do building maintenance, purchasing building materials, purchasing janitorial supplies, & tools for my maintenance staff. It hard to show how spending money saves money. Lastly my Boss is very financially conscious, and it would help to have some numbers to justify what I’m asking for. I like the idea of focusing on what my Boss thinks is important. Any advise?

]]> By: Presh Talwalkar http://mindyourdecisions.com/blog/2009/02/09/what-kind-of-pay-raise-should-i-ask-for/comment-page-1/#comment-5269 Presh Talwalkar Thu, 21 May 2009 06:28:38 +0000 http://mindyourdecisions.com/blog/?p=1284#comment-5269 <b><em>Narendra Kale</b></em>: Thanks for the encouragement. I also agree that it is best to do more than what you are compensated for--that is the only way you can reasonably expect and achieve the raise you deserve. <b><em>Eyal</b></em>: Workers tend to sell themselves short, and you're right that working is a two-way street. Keep exploring options and don't feel guilty for asking what you are worth. <b><em>Sam</b></em>: In a pre-revenue company, compensation and therefore negotiations will center more on future revenues like options. In that case, it is much harder to gauge what is fair (speaking from experience), so do some scenario analysis to make sure you end up with a decent amount even if the launch tanks. Narendra Kale: Thanks for the encouragement. I also agree that it is best to do more than what you are compensated for–that is the only way you can reasonably expect and achieve the raise you deserve.

Eyal: Workers tend to sell themselves short, and you’re right that working is a two-way street. Keep exploring options and don’t feel guilty for asking what you are worth.

Sam: In a pre-revenue company, compensation and therefore negotiations will center more on future revenues like options. In that case, it is much harder to gauge what is fair (speaking from experience), so do some scenario analysis to make sure you end up with a decent amount even if the launch tanks.

]]> By: Sam http://mindyourdecisions.com/blog/2009/02/09/what-kind-of-pay-raise-should-i-ask-for/comment-page-1/#comment-4601 Sam Tue, 10 Feb 2009 18:01:45 +0000 http://mindyourdecisions.com/blog/?p=1284#comment-4601 ...product lAunch :) …product lAunch :)

]]> By: Sam http://mindyourdecisions.com/blog/2009/02/09/what-kind-of-pay-raise-should-i-ask-for/comment-page-1/#comment-4593 Sam Mon, 09 Feb 2009 20:02:35 +0000 http://mindyourdecisions.com/blog/?p=1284#comment-4593 How would the negotiation tactics change for a pre-revenue company? One where an employee's value is enabling a product lunch or R&D tech improvements? How would the negotiation tactics change for a pre-revenue company? One where an employee’s value is enabling a product lunch or R&D tech improvements?

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