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Pay raises don't always come automatically. I had to learn to ask - and to keep asking


Published on 2025-03-15 09:40:50 - CNA
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  • There is no universal rubric or metric to tell you what your "correct" salary is, but that can be a good thing if you are seeking an increment, finance blogger Dawn Cher says.

The article from Channel News Asia discusses the nuances of asking for a pay raise. It highlights that while many employees feel underpaid, the process of requesting a salary increase involves more than just timing and preparation. Key points include understanding your market value, timing your request appropriately (such as during performance reviews or after significant achievements), and preparing a solid case based on your contributions to the company, market rates, and personal achievements. The article also touches on the importance of confidence in negotiation, suggesting that one should be ready to discuss their value to the company with concrete examples. Additionally, it advises on what to do if the raise is denied, suggesting to ask for feedback, consider other forms of compensation, or look for opportunities elsewhere if the situation does not improve. The piece emphasizes that while asking for a raise can be daunting, it's a critical step in career advancement and personal financial growth.

Read the Full CNA Article at:
[ https://www.channelnewsasia.com/today/voices/ask-pay-raise-increment-increase-income-salary-4999941 ]