STYLETHREAD -- LET'S TALK SHOP!

kenzie · Chanel

Asking for a raise

NCshopper · Hermes

Before you have the conversation with your boss, do you know if you're even eligible for a raise right now? Some companies will make you wait a year before you can become eligible for a raise.

If you are eligible, get ready to go in with examples of what you've done, like how many people have attended the events you planned, lists of the your ideas that they've implemented, and examples of how you've kept growing in your role at your current company. Also, I would think it would reflect well upon you if you go in with examples of times when you've received constructive criticism and how you've taken that criticism to heart and improved.

As for the actual conversation, like how to bring up the subject, and what to say, I'm no help there. I'm interested to hear what everyone has to say. Maybe you can get into the conversation by asking if you're eligible. Just an idea.

Good luck to you!

Hermes

I think six months is too early. I wouldn't pose that question until your one year review. At that time go in with a typed list of what you have done and if possible, how it's help generate additional revenue for the company.

Asking now may not be well received and may tarnish their opinion of you as possibly being demanding (just because this type of request is so premature.)

kenzie · Chanel

detroit wrote:

I think six months is too early. I wouldn't pose that question until your one year review. At that time go in with a typed list of what you have done and if possible, how it's help generate additional revenue for the company. Asking now may not be well received and may tarnish their opinion of you as possibly being demanding (just because this type of request is so premature.)

Here's the thing. The company only gives out raises once a year. Apparently, it's at the beginning of the second quarter of the fiscal year. I was only there about 3 months at that time. So, now I'll have to wait another year for a raise. That would be a year and a half at the company without a raise and by that time, I'm planning to be looking to move to Vegas.

From what I understand, there isn't a set policy about raises at one-year reviews, six months, or whatever. They give out raises at the beginning of the fiscal year and that's it. It kind of sucks for people who have recently been hired.

Any additional thoughts on this?

-- Edited by NylaBelle at 20:58, 2006-05-25

ILoveChoo · Hermes

NylaBelle wrote:

detroit wrote:

I think six months is too early. I wouldn't pose that question until your one year review. At that time go in with a typed list of what you have done and if possible, how it's help generate additional revenue for the company. Asking now may not be well received and may tarnish their opinion of you as possibly being demanding (just because this type of request is so premature.)

Here's the thing. The company only gives out raises once a year. Apparently, it's at the beginning of the second quarter of the fiscal year. I was only there about 3 months at that time. So, now I'll have to wait another year for a raise. That would be a year and a half at the company without a raise and by that time, I'm planning to be looking to move to Vegas.
From what I understand, there isn't a set policy about raises at one-year reviews, six months, or whatever. They give out raises at the beginning of the fiscal year and that's it. It kind of sucks for people who have recently been hired.
Any additional thoughts on this? -- Edited by NylaBelle at 20:58, 2006-05-25

thats how it is at my co. too, and there was no way around it. I waited a year and a half, and then got the skimpiest raise ever- which was the biggest one given out somehow.

kenzie · Chanel

ILoveChoo wrote:

thats how it is at my co. too, and there was no way around it. I waited a year and a half, and then got the skimpiest raise ever- which was the biggest one given out somehow.

Boo. That sucks. At least I get paid for overtime. So I work overtime like crazy.

Hermes

well, you don't have anything to lose by asking, especially since you'll be leaving - just don't let them know that...

Dizzy · Marc Jacobs

Hmmm... I would ask a mentor at the company, while subtly trying to build support for the idea. Present it to them as a problem to be solved "I'm really happy here, and I've loved the opportunity to do all the extras. I think a lot of companies wouldn't have let me take on so much responsibility so early (see how a compliment for them reflects well on you too?) Do you think there's any way around the salary schedule, given the weird timing of my hiring?" That sort of thing. There's a chance they hire people on purpose at that time, though, just to spread out the raises farther. Like Detroit said, you have nothing to lose.

Don't approach the boss right off, though. Try to get an idea of how well it would be received first, even if you have to pump the secretaries "So that raise schedule, is it just administrative convenience or a hard and fast rule? Do you know if anyone has ever gotten around it?"...

HeatherLynn · Gucci

In my opinion, 6 mths is too early to be asking for a raise. After a year if you haven't had one go in and have the conversation you want to have now.

JoceyBaby23 · Gucci

detroit wrote:

I think six months is too early. I wouldn't pose that question until your one year review. At that time go in with a typed list of what you have done and if possible, how it's help generate additional revenue for the company. Asking now may not be well received and may tarnish their opinion of you as possibly being demanding (just because this type of request is so premature.)

I agree with this. Most companies (IME) will not budge on their Raise policy. And they probably wont feel sorry for you because you have to wait 15 months instead of the normal 12. Everyone goes through it, unfortunately. :(

Elle · Hermes

I agree about the raise policy thing. Many times it's not something that can be worked around, and even if they wanted to give you a raise they would be unable to until the next fiscal year. But honestly I think that asking now could prove to be pretty awkward.

I'm kind of suprised they didn't give you something when raises came around and you'd been there 3 months. It could have been that the amount they had to 'spread around' was stingy and they figured they could get away with passing you over this time, but IMO I think they new how awesome you were after 3 months and therefore you should have been rewarded for that. At the very least, maybe you'll get a nice raise next year and then when you're applying for a new job you can put a higher number in the 'salary' box and get even more money at the new job!

jacL · Coach

I can see why you deserve a raise, but I also agree that six months is just too quick. It is too bad though that your year-mark is only three months from the time they give out raises, because that makes me think if you ask for a raise at your year-mark (totally in line, IMO), they will say to just wait another three months.

Aurora · Marc Jacobs

Elle wrote:

I'm kind of suprised they didn't give you something when raises came around and you'd been there 3 months. It could have been that the amount they had to 'spread around' was stingy and they figured they could get away with passing you over this time, but IMO I think they new how awesome you were after 3 months and therefore you should have been rewarded for that. At the very least, maybe you'll get a nice raise next year and then when you're applying for a new job you can put a higher number in the 'salary' box and get even more money at the new job!

It might be in their HR documentation that you have to work there for a certain amount of time before you are eligible for consideration in the pool. I know at my company you have to work for a certain period of time before you are considered for a raise or a salary. Its just the way these companies are. At my company everyone is reviewed at the same time during the year and that is when they decide bonuses and raises and if you don't like that too bad. I think its a fairer process to do it that way because you are rated against your peers. I know its not the same with Nylabelle so it doesn't apply in her situation. I just think the timing is probably set in stone and there is no way around it.