How to bump pay?

To enhance your likelihood of obtaining a salary increase after negotiating with your employer, it is essential to begin by researching salary data for your position. This step provides you with a benchmark, allowing you to understand the industry standards and what others in similar roles are earning.

Assessing the company's financial performance is another crucial aspect to consider. Understanding the financial health of your organization will give you insight into the feasibility of your request. If the company is performing well, it may be more inclined to grant a salary increase.

Reflecting on your achievements is vital in preparing for the negotiation. Take time to list out your contributions and accomplishments over the past year. This will help you articulate your worth and the value you bring to the company, strengthening your position for a raise.

Determining your target range for the raise is the next step. Based on your research and your performance, set a realistic and reasonable salary range that you aim to achieve. Having a clear target in mind will make your negotiation more focused and effective.

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