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Do you dare ask for a raise?

      Would you have to be absolutely insane to ask for a raise at this time? I say yes. Workplace authority John Challenger says "Go for It!"

    Now let's look at this realistically. The economy is showing no signs of a rebound. Corporate costs are rising. Layoffs have increased significantly and heavy job cutting is just beginning. However, most of us are being asked to do more with less in our workplaces. We are struggling to balance a personal life with our heavy workloads. We should get a raise if we earn it, should we? 

      Challenger insists, "Those who can prove that they are an integral part of an organization's ability to survive the downturn and thrive during the next expansion have nothing to lose by asking." If you are going to ask for a raise, he advises entering the meeting with your boss with a well-thought-out justification for an increase in salary. It should be based solely on your performance, whether it exceeded goals, created money-saving strategies or brought in new business. He sayMoneys to support your points with numbers and specific examples and be prepared to answer questions or objections. Even if you get turned down, you might be able to negotiate some other benefit, he says.

     Of course, you now are wondering what is the average pay raise these days. For most American workers, pay raises have averaged about 3.8 percent in 2008, virtually unchanged from 2007, according to new survey data from Mercer.  My company has announced it will freeze all pay raises for the next  year. So, if you get even 1 percent, you're way ahead of anyone on my company's payroll.

     From my viewpoint, it's a gamble. Few industries provide real job security right now. Do you dare risk your job by asking for a raise?  What about asking for a performance bonus? Should you scale back on your workload if there is no chance of a raise anytime in the future?

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Smell the Coffee

I *would* ask for a raise, but Accenture, the Bermuda based consulting firm I worked for, fired 300 American workers along with me in order to give the work to 300 brand new, inexeperienced Indian programmers in Bangalore.

Oh, and now the company that was paying Accenture is firing them for failing to deliver the programming services it contracted for....

Great system we have here in the USA....pay firms to move jobs to India so that the US firms get their IT capabilities destroyed...all so a few rich guys can buy their 4th vacation house somewhere.

Cindy

That stinks. And, I'm afraid we're only going to see more of that type of stupidity from companies who don't realize that when they ship jobs overseas, quality suffers.

Pinkfrogssing

Accenture has a very large State of Florida contract. So our TAXDOLLARS are being spent to employee inexperience Indian programmers AND to provide unempoloyement benefits to our AMERICAN experience programers!

Thank you JEB BUSH!!!!

chaz

thanks GOERGE W Bush....

goeast

When was the last time you went to India or China to meet the people who you all assume are not as qualified as you are? It's likely the people you're competing against speak multiple languages and (while they may be slow starting out) will be able to do a comparable job (if not better) than you did within a year or two. So why should all the taxpayers subsidize your competitive disadvantage? Rather than complaining about this online, it's time to acquire some more human capital in a field where you can compete against the international labour market effectively. Is it really the companies that are being stupid?

Jessica

Being a 20-something and with clearly limited years in the workforce, I'm puzzled when I read about asking employers for a raise. While I'm all for it, at the same time, I just take what my employers offer at the annual performance review. At my old job (a family run business of 10 employees), I could see potentially asking for a raise randomly during the year. They totally wouldn't go for it, but the thought of approaching them is a little less daunting than at my current job. Currently I work for a major corporation (several thousand employees). Annual reviews are held at the same time company wide. Supervisors are allotted a max % raise (or so that's the impression I've been given). I can't see myself approaching my boss. When I read articles about asking for a raise, it makes sense to me. But when I try and think about approaching my boss, I can't see it happening. While I don't think I would become fearful for my job, I would be more concerned about the fallout through office politics. Not to mention, I would feel better asking for a raise if I knew what other people in my position and in other positions make. But I don't. And while I'm of a younger generation, I think it's rude to ask.

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