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Daily Mirror
Daily Mirror
Business
Nia Dalton

Expert shares how to ask your boss for a pay rise in four simple steps

As the cost of living crisis soars, more people are on the hunt for different careers, alternative side hustles and clever ways to work their way up the ladder. In fact, according to new research by LinkedIn, 20 million Brits are looking to move jobs this year - that's 60 percent of UK professionals.

A demand for higher salaries remains the biggest motivator for employees wanting to leave their current role - and it's no surprise, as nearly two thirds of UK bosses aren't offering a pay rise to help with the rising costs. But 42 percent of workers say they'd stay in their current job if they were offered one.

60 percent of UK professionals and looking to change jobs in 2023 (stock photo) (Getty Images/iStockphoto)

The study shows that whatever the situation, employees are keen to take control of their own careers.

To help Brits confront their bosses about a higher salary, careers expert Charlotte Davies has shared her four top tips with the Mirror.

So you'll know exactly how to ask for a pay rise in the right way and expect changes to be made.

Step 1: Timing

"Be mindful of where your current or future company stands at this point in time," Charlotte said.

"It's important to remember that this is also a difficult time financially for many businesses.

"Read the room, but know that if you're able to meet your objectives and help the business, it's still okay to put your point of view across while being sensitive to their current situation."

Step 2: Research

"Being well prepared will help you feel more confident when asking for a pay rise," Charlotte explained.

"Start by looking at job adverts for similar roles and compare what they pay - you can use this as leverage when approaching the topic of pay with your current employer, or when negotiating a starting salary.

"Tools such as LinkedIn Salary can prove helpful for breaking down salaries by job title, companies and location, to ensure what you're asking is realistic."

Charlotte says it's important to be confident and know your worth (stock photo) (Getty Images/iStockphoto)

Step 3: Practice

"Being confident in your skills and knowing what you bring to the table is essential to negotiating a higher salary - think of it as your time to shine," Charlotte said.

"Talk about your recent achievements and what you are most proud of with friends, family, or other professional connections, to help you feel more prepared when the time comes to talk to your manager or future employer."

Step 4: Level up

"Over half of UK employees have made positive changes at work in response to economic turbulence," Charlotte explained.

"From taking on new projects, to making more of an effort with colleagues and networking more, these proactive changes showcase willingness to invest in your own career which can in turn benefit your employer.

"By showcasing to your boss a willingness to learn new skills and take on new challenges, you'll be best placed to use this as leverage during salary negotiations."

Do you have a successful career story to share? Email nia.dalton@reachplc.com.

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