How to negotiate a pay rise

1. Don’t let a period of economic hardship deter you from negotiating a salary. You won’t know how much a company will pay until you ask for it.

2. Do your research about salary ranges for your position, the current job market and be prepared to give informed answers to:

• What pay rise are you looking for?

• How did you arrive at that figure?

• What else you could do/ take on to earn it?

• More responsibility

• Extra projects to take on, that benefit the business/ team

3. Understand and quantify your value, prove you are indispensable:

• Advocate for yourself and why your work is worth salary negotiation

• The impact your work has for thecompany, show it in a measurable way

• Show any continuous good feedback and encouragement within the company

4. Prioritise its importance with an individual pay review meeting.

5. Prepare for rejection during a recession by considering negotiating for other benefits, like additional paid leave or starting bonus.