Asking For a Raise in a Recession
Asking For a Raise in a Recession
Eight On Your Side, WGAL-TV
Career Coach Ford R. Myers
How do you ask for a raise in a recession?
Career coach Ford R. Myers discusses asking for a raise in a recession and his book “Get The Job You Want Even When No One’s Hiring” on Channel 8 WGAL.
Announcer
As companies cut workers and freeze wages, it may seem that asking for a raise in a recession is pointless. But for workers with outstanding value and a little finesse, it can be done. Eight On Your Side consumer reporter Brian Roche tells you how.
Brian Roche
Negotiating a raise during a recession starts long before you sit-down across the desk from your boss. One of the biggest things is you really have to know your company’s priorities, their needs, their most urgent issues. Career Coach Ford R. Myers is the author of “Get The Job You Want, Even When No One’s Hiring.” Ford, you say that your clients are getting raises in a recession by showing the value they bring to the company on a consistent basis.
Ford R. Myers
Well, you need to keep records, you need to really compare yourself to the other employees. You need to tie your productivity in with the company’s needs, challenges and problems.
Brian Roche
And that means having something tangible to hand to the boss if you need to.
Ford R. Myers
I tell my clients to keep what’s called a success file. This is all the time – not just at the point of negotiation, and not just when you’re trying to get a raise,
Brian Roche
You say you should also know your boss’s priorities, their way of thinking, and be prepared to offer more work in return for more money.
Ford R. Myers
Yes, I believe that successful people, especially people who are looking for higher compensation, should put their hand up and ask for more responsibility.
Brian Roche
Asking for a raise may be one of the most difficult conversations you’ll ever have. And it’s not a conversation that should happen on the spur of the moment.
Ford R. Myers
It absolutely must be rehearsed. This is something that you should not improvise – you do not want to “wing it.” You want to know your strategy before you go in. You want to have practiced this a lot in advance.
Brian Roche
So to summarize, here are four things to keep in mind. First, know your company’s needs and priorities. Next, keep a success file of your achievements. Third, be prepared to offer more to get more. And fourth, rehearse the ask before you ask. I’m Brian Roche, Eight On Your Side, WGAL-TV.
TAKE THE NEXT STEP
Learn more at https://www.CareerPotential.com, or contact Ford directly at 1-610-649-4343 or contact@careerpotential.com.
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About Ford Myers
Ford R. Myers is an award-winning career coach and President of Career Potential, LLC. He is author of the best-seller, Get The Job You Want, Even When No One’s Hiring. Ford’s firm helps clients take charge of their careers, create the work they love, and earn what they deserve! He has held senior consulting positions at three of the nation’s largest career service firms. Ford’s articles have appeared in thousands of publications and web sites, and he has been interviewed on every major television and radio network. Ford has also conducted presentations at hundreds of companies, associations and universities. Learn more at https://careerpotential.com.
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