Help Solve Your Debt Problem by Getting a Raise at Work

If you’ve been to this site before, you know that success with a credit card debt reduction plan from another company requires more work than just getting approved and implementing the plan.

You should also be doing other things to help solve your debt problem.

One of the things you can do to boost your chances of success is to earn more money.

That, combined with the program you signed up with, gives you a much higher chance of success.

And what better place to start than your job.

Getting a raise at work is one of the fasted and easiest ways to start making more money. That’s what this blog post is going to cover. You’ll learn the simple strategies you can use for getting the best raise possible.

So How Can You Get That Raise?

Perhaps the most nerve-wracking time of year is the month you start to see your colleagues called into the office for their yearly evaluations. You may do a better job than a coworker and yet receive a smaller raise simply because you don’t know how to negotiate.

The skill of negotiating for a raise will serve you well for your entire career. Even one or two extra percent can make a big difference in your budget every month. And it can have a big impact on your debt program.

Here are a few simple steps to follow to ensure you get more of a raise than you are offered.

1. Know your value

While you know how hard you have been working for this company for the past year, you should also be aware of the average salary for someone working in your position in the area, and in your country as a whole.

If you’re being underpaid, there’s no better time to address it than now. Trade journals, professional associations, and recruiters can all help you determine what you should be paid.

2. Know why you deserve it

The more concrete your facts, the more likely the HR representatives are to listen to your concerns. Rather than making abstract statements about how hard you have worked, show them exactly what benefits you have brought to the company’s bottom line over the past year: projects you have completed, skills you have learned, responsibilities you have taken on, and other such measurable facts.

3. Know how to approach them

If your company is suffering financially, if you have performed poorly in the past month or two, or if you haven’t been working at the company for over a year, you should be more cautious in negotiating. You need to be seen as valuable and high-performing to get the best possible raise.

4. Know what you want

Finally, when approaching your HR department to negotiate, you should have a clear idea of what you want – whether this is a specific number or percentage, you should know what you’re aiming for, and it should be reasonable. Don’t aim too high or low; this is worth thinking carefully about.

When you’re having the discussion with your boss about the raise you think you deserve after a hard year’s work, it’s important to have the skill to negotiate a raise. Once you learn this skill, you can use it every year at any company and improve your lifestyle more than someone who sits back and waits for a raise that may never come.

Succeeding with this not only helps lower your credit card debt, it has a huge impact on your finances.

Getting a raise that’s just a little bigger than you normally get makes a big difference. But you can use the tips above to get as much as you think you are worth. It’s all up to you, the sky is the limit.