How do you know how much your raise should be with a company?
As you know what we do for our managers is above and beyond what was originally listed on the job description. I really enjoy what I do and who I work for. It has been stated that I do not fit the "Benchmark" of our organization so my boss does not completely understand what is fair and he uses his best judgement when giving me an increase each year. This will be my third year here and I've been in this field for 10 years. I work directly for the President and handle a lot of material while wearing several hats.
What information can I give him as far as information and facts....as he is a fact finder.
Thank you,
M.G.
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Hello Melissa:
If you have a Human Resources Department, go to the director with your concerns; they can do a salary survey to determine what salary you should be getting. If you do not have an HR Department, you can do a Google search on salary surveys for your particular location and title.
If you are doing much more that your position description states, perhaps you should have a new title that is in more alignment with your duties and responsibilities.
Good luck!
Judi
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Judith on
6/13/2008 11:47:47 AM
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I work for the University of North Carolina, so our increase system is not the same as one in the private sector.
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Anonymous on
6/13/2008 11:44:58 AM
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Melissa,
What are the company’s benchmarks? Do you align your goals each year with the company’s benchmarks?
In our organization at annual review time, each employee is asked to set measurable goals aligned to the system’s initiatives (master plan) and the goals for the division. I set 3 or 4 goals that align with the organization’s benchmarks (goals, focus, initiatives, master plan—it’s all the same thing). I suggest you look at the things you do and show how your accomplishments/achievements/projects align to the organization’s benchmarks. If I were in your shoes, each year I would set 2 or 3 goals that align to the benchmarks, you will then have the facts to demonstrate to your boss that you do support the initiatives of the company and you don’t merely just handle things. You are showing your value to your boss, as president of the company, that you support his role in more ways than he can count. You can’t merely expect to get a raise because you wear many hats, you need to demonstrate the connection of what you do to the big picture. Your goals should not only support the company’s benchmarks, but also show you understand the mission of the company and understand your role in it and by doing so, that you support your boss in his role as president.
I hope this helps…
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Anonymous on
6/13/2008 11:44:36 AM
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Your boss sounds very much like mine! All about facts and no details! What I did last year (which got me a $17K raise..not a typo!) was I kept track of EVERYTHING I did for him and the company. Then I categorized it all and ended with a 5 page document of what I do! When it was all laid out for him, he realized he wasn't paying me up to par. I also printed out for him jobs from monster.com or one of the career sites that listed the things I did. I showed him I was underpaid and why...and it worked! Best of luck to you! Show him your confidence and stand your ground.
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Viki Nazarian on
6/13/2008 11:26:31 AM
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Melissa, What I do is go on a site that has a Salary Calculator or Wizard. It will help you to know what salary range you should be at, for your position level in the area you live in. You print the results out and hand them to your boss....there is nothing more factual than that.
I use: http://swz.salary.com/ or you can find it anywhere online that deals with jobs, careers, etc.
Good luck!
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Jennifer from VA on
6/13/2008 11:13:09 AM
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Hi Melissa,
You may want to take a look at officeteam.com, which should be able to provide you a start for some benchmarking information. Office Team conducts a salary study every year that also includes geographical data that you may find helpful.
Thanks, Kathi.
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Kathi Robinson on
6/13/2008 11:01:10 AM
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According to our budget, we have a standard 4% annual raise for all employees, including Directors but with additional responsibilities throughout the year that are written up in our self evaluations, raises can go up to 10%.
We have a bonus program as well depending on how our boss rates us - Outstanding, Exellent, Commendable, Satisfactory and Unsatisfactory. The bonus for an Outstanding rating is your 4 week pay, Excellent is 3 week pay, Commendable is 2 week pay and Satisfactory is a 1 week pay.
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Jackie Brunn on
6/13/2008 10:59:34 AM
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Hi Melissa:
In our company which has abot 250 employees we ususally have an annual increase. The increase is ususally around 3.5 percent for staff and 4.0 for management. I am an Executive Assistant and my boss will give me the 4.0 that the management gets as I work for the big boss as well.
If you company has a standard increase for staff and a separate one for management you should be receiving the management increase and not a penny less.
If you boss thinks that you worked above and beyond then perhaps he could give you a "bonus" of one or two weeks salary.
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Patricia Donnellan on
6/13/2008 10:39:20 AM
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