Asking for a raise isn’t easy for most of us, but a few tips and tricks can help along the way. When it’s time to hit your boss up for a raise, make sure to let him or her know what sets you apart, and you can do that with this simple formula.
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Whether you’re starting a new job or simply asking for a raise, when you’re negotiating salary, you want to make a case for yourself. And Expert Jim Hopkinson suggests a formula for taking your request up a notch:
Fortunately, there’s a simple framework and phrase to keep in mind that might give you the extra edge you need. Not only will you distinguish yourself from the competition when looking for a job, but you’ll also be able to negotiate a higher salary when you get the offer or ask for a raise…
The framework is: Not only this… but that…
If you were to write it out as a formula, it might look like this:
“Not only do I have [all the standard requirements that everyone else has] + but I also possess [the following unique traits that make me a better candidate and worth more money].”
Basically, you want to consider what makes you different. What added skills, work habits, or expertise do you bring to the table that will let your employer know you’re extra worthy of a higher rate? If you can’t think of a specific skill, Hopkinson recommends something like:
“Not only do I have the skills necessary for this job, but since I won’t require any training, I can hit the ground running, make an immediate impact, and start tomorrow.”
He offers additional examples and detail about this method, so be sure to check out the full post at the link below.