Advertising
Advertising

If You Need to Ask for a Raise You Deserve, Probably You’ve Made This Mistake

If You Need to Ask for a Raise You Deserve, Probably You’ve Made This Mistake

So you put in those long hours, excelled at many projects and earned far more than your keep at the company you work for. Understandably, you now expect the company to reward you for your efforts with a promotion and a long-due raise. And when the company doesn’t really rise up to occasion as we expect it to, many of us lose patience and begin to think of ways as to how to ask for a raise. The only problem being, you really shouldn’t!

Asking for a Raise Is Difficult Because Your Boss Doesn’t Share the Same View With You

We all tend to think highly of ourselves as employees – and feel that we give a lot more than we get in the professional environment we spend half of our lives in. On the flipside, our bosses may feel that we are lacking in some essential quality and even if we work hard at our desk, the company might feel that our current salary justifies the hours we put in.

So the core problem lies in the perception of our work and that of the company’s view of our work. Frankly, if you need to ask for a raise, you are either not as much of a star performer as you thought you were or the company thinks you are lacking in an essential skill.

Advertising

Payscale did a recent study and the odds seem to stand against you, even if you know how to ask for a raise. Some 30,000 workers were surveyed and 43% reported that they had indeed asked for a raise but only 44% of them actually got what they had asked for, while 25% did not get a raise at all. 57% did not ask for a raise at all, though 38% of them got one without asking for it.[1]

Being Too Modest Will Make Your Contribution Unseen

Frankly, while the economy is starting to look up – the raises haven’t exactly started to flow out till now. Since the percentage of people asking for raises and actually getting them is not particularly bright, it’s time to concentrate on how to get the company to value you enough to automatically give you a raise – without ever having to think about how to ask for a raise![2]

Remember that being modest does not work in the workplace – if your company does not realize your value, you have to work towards making them see all that you have done and achieved for them, and what more you can do for them as well.[3] Try and work towards the company giving you a raise by itself, rather than you having to ask and negotiate for one… Here are some tricks and tips.[4]

Advertising

How to Make Sure You Don’t Have to Ask for a Raise But You Still Get What You Deserve

If You Have Been Appreciated, Ask People to Speak Up on Your Behalf

If you are an awesome worker with a mile-long success list; chances are that your colleagues, counterparts or clients appreciate your work. The next time someone shows you their appreciation, as them to put it in writing to your immediate senior. This way, your boss will always know that you are a star performer.

Reclaim Your Territory Without a War

There might be times when people (read colleagues) take your ideas and turn them into their own, especially in front of the boss. Don’t claim the idea for your own for that will not help your case – instead, present more data and all the research that your colleague wasn’t able to steal from you and turn the spotlight back on you, cleverly.

Make Sure You Are Put in the Spotlight

The next time you are given an opportunity to present in front of the manager or the big boss, research your points as well as you can and try your best to make an impression. Go well-informed and armed with all the answers beforehand – shine in the time you have, the boss shall remember you in good grace, as will the head honchos.

Advertising

Word Your Achievements Right

The next time your immediate supervisor wants to know how you spent your week, don’t just list out what you did. Word it differently, to show how you worked for the company’s benefit, and what you have to show for it. For instance, if you reached out to 15 of your clients with a fresh offer – talk about how the clients are responding to it instead of just talking about your e-mail.

Keep Your Boss Updated

Send your boss a weekly or fortnightly mail on what you have achieved or plan to for the next few workdays. Along with letting your boss know that you are working to make the company a more successful one, it also establishes a work record and accomplishment of yours.

Be an Informed Employee

Beyond the necessary skills you need to do your job, make it a point to be better informed about your company’s brands, competitors and all things on the anvil. This will make you a person better equipped to speak up in discussions, talks and meetings and make sure the spotlight is often on you. Anticipate your boss’s needs and questions too – and instead of fumbling for an answer, be ready with answers and if you can, pre-empt the questions as well… So don’t just research on how to ask for a raise, research about the company before.

Advertising

Own Up to Your Mistakes

Most workers try to cover up their mistakes, afraid of the repercussions of the same. Stand apart from the crowd – if you know that you have made a mistake, own up to it in front of your boss and also let him or her know the solution that you have worked out to even things over. Ask for any further advice. You may get a cold shoulder for a bit, but your boss will remember that you are an accountable and responsible employee.

Be Proactive in Work and Training

Don’t ask your boss for work or training. Create your opportunities for your work to shine – and join up on some online courses in your free time to further your talent. Just make sure that you casually mention it to your boss if your work didn’t speak up for you…

Make Good Intra & Inter-Departmental Relationships

Being good at work is good but being a team player is even better. All companies appreciate a good worker all the more if he or she is able to successfully cultivate and maintain human relationships within the company and even outside – be it with clients or sister concerns. A smile and a cheerful tone of voice get things done much faster and far more smoothly.

Be Calm & Keep Working

All bosses appreciate a calm and unruffled employee who can truly weather a storm – be it work, a personal crisis, or even just a general instability of the workplace. Let your work talk for you always – and keep your mind and eye on the goal ahead, instead of getting distracted by the various disturbances around. Be the first to chip in, offer an out-of-the-box solution or even those extra man hours if needed. Instead of wondering how to ask for a raise, put your nose to the grinder with a cheerful attitude and come up with innovative solutions every now and then.

Follow these steps long and well enough, and there won’t be a company who wouldn’t automatically give you a good raise for they would want to retain a hard-working, smart-thinking and non-complaining employee like you – who truly knows how to turn things around in his or her favor! That said; if you still end up wondering how to ask for a raise, remember three things: build your case, research pay scales and then research your pitch to smoothly ask for what you deserve.[5]

Reference

More by this author

Rima Pundir

Health, Wellness & Productivity Writer

what to do when you hate your job What to Do When You Hate Your Job and Need a Change Stiff Muscles Make You Feel Sick Often: 8 Natural Muscle Relaxers You Can’t Miss When You Drive And Don’t Drink Enough Water, It’s As Dangerous As Drunk Driving Having A Glass Of This Drink Before You Sleep Can Burn Your Fat Insanely Fast How Common Language Can Help You Strengthen Your Friendship

Trending in Productivity

1 We Do What We Know Is Bad for Us, Why? 2 13 Bad Habits You Need to Quit Right Away 3 How to Reprogram Your Brain Like a Computer And Hack Your Habits 4 14 Ideas on How to Measure Productivity to Make Progress 5 11 Things You Can Do to Increase Employee Productivity

Read Next

Advertising
Advertising
Advertising

Last Updated on January 6, 2021

14 Ideas on How to Measure Productivity to Make Progress

14 Ideas on How to Measure Productivity to Make Progress

Everyone has heard the term productivity, and people talk about it in terms of how high it is and how to improve it. But fewer know how to measure productivity, or even what exactly we are talking about when using the term “productivity.”

In its simplest form, the productivity formula looks like this: Output ÷ Input = Productivity.

For example, you have two salespeople each making 10 calls to customers per week. The first one averages 2 sales per week and the second one averages 3 sales per week. By plugging in the numbers we get the following productivity levels for each sales person.

For salesperson one, the output is 2 sales and the input is 10 sales: 2 ÷ 10 = .2 or 20% productivity. For salesperson two, the output is 3 sales and the input is 10 sales: 3 ÷ 10 = .3 or 30% productivity.

Knowing how to measure and interpret productivity is an invaluable asset for any manager or business owner in today’s world. As an example, in the above scenario, salesperson #1 is clearly not doing as well as salesperson #2.

Knowing this information we can now better determine what course of action to take with salesperson #1.

Some possible outcomes might be to require more in-house training for that salesperson, or to have them accompany the more productive salesperson to learn a better technique. It might be that salesperson #1 just isn’t suited for sales and would do a better job in a different position.

How to Measure Productivity With Management Techniques

Knowing how to measure productivity allows you to fine tune your business by minimizing costs and maximizing profits:

1. Identify Long and Short-Term Goals

Having a good understanding of what you (or your company’s) goals are is key to measuring productivity.

For example, if your company’s goal is to maximize market share, you’ll want to measure your team’s productivity by their ability to acquire new customers, not necessarily on actual sales made.

2. Break Down Goals Into Smaller Weekly Objectives

Your long-term goal might be to get 1,000 new customers in a year. That’s going to be 20 new customers per week. If you have 5 people on your team, then each one needs to bring in 4 new customers per week.

Now that you’ve broken it down, you can track each person’s productivity week-by-week just by plugging in the numbers:

Advertising

Productivity = number of new customers ÷ number of sales calls made

3. Create a System

Have you ever noticed that whenever you walk into a McDonald’s, the French fry machine is always to your left? 

This is because McDonald’s created a system. They have determined that the most efficient way to set up a kitchen is to always have the French fry machine on the left when you walk in.

You can do the same thing and just adapt it to your business.

Let’s say that you know that your most productive salespeople are making the most sales between the hours of 3 and 7 pm. If the other salespeople are working from 9 am to 4 pm, you can potentially increase productivity through something as simple as adjusting the workday.

Knowing how to measure productivity allows you to set up, monitor, and fine tune systems to maximize output.

4. Evaluate, Evaluate, Evaluate!

We’ve already touched on using these productivity numbers to evaluate and monitor your employees, but don’t forget to evaluate yourself using these same measurements.

If you have set up a system to track and measure employees’ performance, but you’re still not meeting goals, it may be time to look at your management style. After all, your management is a big part of the input side of our equation.

Are you more of a carrot or a stick type of manager? Maybe you can try being more of the opposite type to see if that changes productivity. Are you managing your employees as a group? Perhaps taking a more one-on-one approach would be a better way to utilize each individual’s strengths and weaknesses.

Just remember that you and your management style contribute directly to your employees’ productivity.

5. Use a Ratings Scale

Having clear and concise objectives for individual employees is a crucial part of any attempt to increase workplace productivity. Once you have set the goals or objectives, it’s important that your employees are given regular feedback regarding their progress.

Using a ratings scale is a good way to provide a standardized visual representation of progress. Using a scale of 1-5 or 1-10 is a good way to give clear and concise feedback on an individual basis.

Advertising

It’s also a good way to track long-term progress and growth in areas that need improvement.

6. Hire “Mystery Shoppers”

This is especially helpful in retail operations where customer service is critical. A mystery shopper can give feedback based on what a typical customer is likely to experience.

You can hire your own shopper, or there are firms that will provide them for you. No matter which route you choose, it’s important that the mystery shoppers have a standardized checklist for their evaluation.

You can request evaluations for your employees friendliness, how long it took to greet the shopper, employees’ knowledge of the products or services, and just about anything else that’s important to a retail operation.

7. Offer Feedback Forms

Using a feedback form is a great way to get direct input from existing customers. There are just a couple of things to keep in mind when using feedback forms.

First, keep the form short, 2-3 questions max with a space for any additional comments. Asking people to fill out a long form with lots of questions will significantly reduce the amount of information you receive.

Secondly, be aware that customers are much more likely to submit feedback forms when they are unhappy or have a complaint than when they are satisfied.

You can offset this tendency by asking everyone to take the survey at the end of their interaction. This will increase compliance and give you a broader range of customer experiences, which will help as you’re learning how to measure productivity.

8. Track Cost Effectiveness

This is a great metric to have, especially if your employees have some discretion over their budgets. You can track how much each person spends and how they spend it against their productivity.

Again, this one is easy to plug into the equation: Productivity = amount of money brought in ÷ amount of money spent.

Having this information is very useful in forecasting expenses and estimating budgets.

9. Use Self-Evaluations

Asking your staff to do self evaluations can be a win-win for everyone. Studies have shown that when employees feel that they are involved and their input is taken seriously, morale improves. And as we all know, high employee morale translates into higher productivity.

Advertising

Using self-evaluations is also a good way to make sure that the employees and employers goals are in alignment.

10. Monitor Time Management

This is the number one killer of productivity in the workplace. Time spent browsing the internet, playing games, checking email, and making personal calls all contribute to lower productivity[1].

Time Management Tips to Improve Productivity

    The trick is to limit these activities without becoming overbearing and affecting morale. Studies have shown that most people will adhere to rules that they feel are fair and applied to everyone equally.

    While ideally, we may think that none of these activities should be done on company time, employees will almost certainly have a different opinion. From a productivity standpoint, it is best to have policies and rules that are seen as fair to both sides as you’re learning how to measure productivity.

    11. Analyze New Customer Acquisition

    We’ve all heard the phrase that “It’s more expensive to get a new customer than it is to keep an existing one.” And while that is very true, in order for your business to keep growing, you will need to continually add new customers.

    Knowing how to measure productivity via new customer acquisition will make sure that your marketing dollars are being spent in the most efficient way possible. This is another metric that’s easy to plug into the formula: Productivity = number of new customers ÷ amount of money spent to acquire those customers.

    For example, if you run any kind of advertising campaign, you can compare results and base your future spending accordingly.

    Let’s say that your total advertising budget is $3,000. You put $2,000 into television ads, $700 into radio ads, and $300 into print ads. When you track the results, you find that your television ad produced 50 new customers, your radio ad produced 15 new customers, and your print ad produced 9 new customers.

    Let’s plug those numbers into our equation. Television produced 50 new customers at a cost of $2,000 (50 ÷ 2000 = .025, or a productivity rate of 2.5%). The radio ads produced 15 new customers and cost $700 (15 ÷ 700 = .022, or a 2.2% productivity rate). Print ads brought in 9 new customers and cost $300 (9 ÷ 300 = .03, or a 3% return on productivity).

    From this analysis, it is clear that you would be getting the biggest bang for your advertising dollar using print ads.

    12. Utilize Peer Feedback

    This is especially useful when people who work in teams or groups. While self-assessments can be very useful, the average person is notoriously bad at assessing their own abilities.

    Advertising

    Just ask a room full of people how many consider themselves to be an above average driver and you’ll see 70% of the hands go up[2]! Now we clearly know that in reality about 25% of drivers are below average, 25% are above average, and 50% are average.

    Are all these people lying? No, they just don’t have an accurate assessment of their own abilities.

    It’s the same in the workplace. Using peer feedback will often provide a more accurate assessment of a person’s ability than a self-assessment would.

    13. Encourage Innovation and Don’t Penalize Failure

    When it comes to productivity, encouraging employee input and adopting their ideas can be a great way to boost productivity. Just make sure that any changes you adopt translate into higher productivity.

    Let’s say that someone comes to you requesting an entertainment budget so that they can take potential customers golfing or out to dinner. By utilizing simple productivity metrics, you can easily produce a cost benefit analysis and either expand the program to the rest of the sales team, or terminate it completely.

    Either way, you have gained valuable knowledge and boosted morale by including employees in the decision-making process.

    14. Use an External Evaluator

    Using an external evaluator is the pinnacle of objective evaluations. Firms that provide professional evaluations use highly trained personnel that even specialize in specific industries.

    They will design a complete analysis of your business’ productivity level. In their final report, they will offer suggestions and recommendations on how to improve productivity.

    While the benefits of a professional evaluation are many, their costs make them prohibitive for most businesses.

    Final Thoughts

    These are just a few of the things you can do when learning how to measure productivity. Some may work for your particular situation, and some may not.

    The most important thing to remember when deciding how to track productivity is to choose a method consistent with your goals. Once you’ve decided on that, it’s just a matter of continuously monitoring your progress, making minor adjustments, and analyzing the results of those adjustments.

    The business world is changing fast, and having the right tools to track and monitor your productivity can give you the edge over your competition.

    More Productivity Tips

    Featured photo credit: William Iven via unsplash.com

    Reference

    Read Next