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Six Steps to Set Yourself Up for a Raise

Six Steps to Set Yourself Up for a Raise

Clare O'Keeffe, Monster Contributing Writer

Many employees feel they’re underpaid for the work they do, yet they wait until their yearly performance review to negotiate a higher salary. But if you wait until then, you’ll be too late. You need to prepare year-round for that discussion. The following steps can help make sure you’re in position for a raise when review time comes around.





4. Do Your Research

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Although salary negotiations may still take place behind closed doors, the Internet has made it easy to learn where your compensation package stands in comparison to other workers in your field. For example, the Salary Wizard is especially useful. Consider not only your base salary but your total compensation package: benefits, vacation days, telecommuting and other work/life benefits. These areas are all important to your quality of life. Also bear in mind that salaries vary depending on location, industry and company size. Consider these factors if you want to assess your market value accurately.

Next: Frame Your Pitch >>


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