Most people are experiencing pressure at this time. I won’t write about the industry and economic pressures, as I’ve addressed that already in other blogs – and you would be well aware of what is happening. What this article is about, is balancing the need for employees who need more money, and the need of employers.

Asking for a pay rise can be a daunting task, but it's a crucial step in advancing your career and achieving financial stability. This process requires a careful balance between your need for more money and your responsibility to prove that your position is worth the increase. In this article, we will explore strategies to help you navigate this delicate conversation, focusing on how you can improve your position and employability to earn more money while demonstrating your value to your employer.

Employers and companies these days can be struggling more than they often let their employees know. The requirement to project a successful image can mislead the reality of a business. You never know what is going on behind the scenes. What has been cut, what loans have been taken out, what has been sold or investments realised so that the business can keep going. Balancing the books themselves admist supply chain issues, contracts that don’t allow for incredible material price hikes, rising interest rates have put enormous pressures on them too. External impressions do not always reveal the reality for an employer. So it is often a case of I need more money, and in response, well so do I.

From an employer's perspective, it's important to maintain a balance between compensating employees fairly and aligning the company's budget constraints.

While recognising the value of individual contributions, there may be limits to how much a particular role can be compensated. Salary structures are often based on market benchmarks, industry standards, and the organisation's financial health.

When considering a pay rise request, employers need to evaluate the role's market value and its impact on the company's overall compensation structure. This ensures that compensation remains competitive and sustainable for the long-term while acknowledging the contributions of individual employees. Clear and transparent communication about these limitations is essential to manage expectations and foster a productive employer-employee relationship.

Assess Your Current Situation

Before approaching your employer about a pay rise, it's essential to evaluate your current financial situation and your reasons for seeking an increase. Are you struggling to meet basic expenses, or are you aiming for a higher standard of living? If you spend too much, are facing a family crisis, your Ladbrokes account is at nil, then none of these things are the employer’s responsibility. They may have empathy for you, but that doesn’t equate to putting cash in your hands to help.

Even if they do experience a different standard of living, they are not a ‘handy-bank’. You don’t ethically elevate your standard of living just by being employed, associating with or knowing others (I could write a whole book on what I’ve unethically seen here, but that’s a whole different topic). You need to work for it and receive the benefit of the reward from that work at the level you deliver and for a fair price. Understanding your needs will help you frame your focus and what to do next more effectively.

Research Industry Standards

Research industry standards to determine whether your current compensation aligns with the market rate for your role and experience. Check out the Awards and other industry-specific salary surveys can provide valuable insights. If you find that you are underpaid compared to industry averages, use this data to support your case.



One of the most critical aspects of requesting a pay rise is proving that you deserve it. Highlight your achievements, responsibilities, and any extra mile efforts you've made. Showcase how your work has contributed to the company's success, such as increased sales, cost savings, or improved processes. Quantifiable results speak volumes.

Seek Feedback and Development Opportunities

Schedule a meeting with your employer or supervisor to discuss your performance and seek constructive feedback. This not only demonstrates your commitment to improvement but also helps you identify areas where you can enhance your skills and contribution. Ask about opportunities for additional responsibilities or projects that align with your career goals and the company's objectives.

Continuously Improve Your Skills

Invest in your professional development by acquiring new skills or certifications relevant to your role. A more skilled employee is often more valuable to the company and can justify a higher salary. Consider seeking mentorship or taking on challenging assignments to expand your knowledge and capabilities.

Network and Build Relationships

Building strong professional relationships within your organisation can open doors to opportunities and pay rises. Seek mentorship from senior colleagues or supervisors who can provide guidance and advocate for your career advancement. Being a team player and collaborating effectively can also enhance your value.

Present a Well-Structured Proposal

When you're ready to request a pay rise, approach your employer or supervisor with a well-structured proposal. Clearly articulate your achievements, industry research, and your increased responsibilities. Be prepared to discuss your future contributions and how they will benefit the company. Your proposal should convey your commitment to the organisation's success.

Negotiate Professionally

During the negotiation process, maintain professionalism and remain open to compromise. Your employer may need time to consider your request, so be patient and respectful of their decision-making process. If a pay rise isn't immediately feasible, inquire about a timeline for reassessment.

Consider Alternative Benefits

If a salary increase isn't possible at the moment, explore other benefits that can improve your financial situation, such as additional paid time off, flexible work arrangements, or performance-based bonuses. These benefits can enhance your overall compensation package.

Time to Change?

Bottom line, the employer may not be in a financial position to offer you more. Sometimes, your skill outweights what they need in the role for the moment. Do you sit and wait, or do you look for another job. That will depend on the circumstances, the culture, the current employment market for your skillset, and your personal needs. If it’s time to change, then you’re well prepared to move.

Conclusion

Balancing your need for more money with your responsibility to prove your worth is the key to successfully asking for a pay rise. By assessing your situation, researching industry standards, demonstrating your value, seeking feedback, continuously improving your skills, building relationships, and presenting a well-structured proposal, you can increase your chances of achieving the compensation you deserve. Remember that the process requires patience and professionalism, and it's an opportunity to showcase your commitment to your career and your employer's success.

Our Superpower

Our leading 'superpower' is attracting and retaining quality team members who share our values of honesty, integrity, diligence, and service, allowing us to deploy quality team members on client sites quickly.

Our team member's superpower is being motivated, prepared and ready to enthusiastically contribute to the projects at hand, more than just a pair of hands.

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Read other informative articles for both employers and workers at: https://www.siteforcerecruitment.com.au/blogs

Chantal Penny is the Director with Superpowers of SiteForce Recruitment. A thought leader in the industry, Chantal, based on her expertise and industry perspective, offers unique guidance, inspiration, and influence in the industry.

At SiteForce Recruitment, we specialise in labour-hire and permanent recruitment in the construction industry. We are committed to valuing people, safety and well-being, collaboration, trust and, of course – results!

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