How to ask for a pay rise: a guide for job seekers in the current cost-of-living crisis

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The cost of living is on the rise, and many job seekers are feeling the pinch. With inflation and the cost of basic necessities like housing and groceries increasing, it’s more important than ever to ensure you’re being paid fairly for your work. However, asking for a pay rise can be intimidating. 

In this article, we’ll provide a guide for how to ask for a pay rise and why it’s important, especially in the context of working in dealerships.

Why ask for a pay rise?

Asking for a pay rise is a way to ensure that you are being fairly compensated for the work that you do. It’s important to keep in mind that salaries often don’t keep up with inflation: meaning that over time, your salary may not be enough to cover your basic expenses.

Additionally, if you’re doing the same job as someone else who is being paid more, it’s worth asking for a pay rise to ensure you’re not being undervalued. As there is fierce competition for skilled workers in the dealership industry, it’s always important to ensure that you’re being paid what you’re worth.

How to ask for a pay rise: a guide for job seekers in the current cost-of-living crisis

How to ask for a pay rise

Asking for a pay rise can be daunting, but it’s important to approach the conversation with confidence and a clear plan.

Here are some steps to follow when asking for a pay rise:

 
  1. Do your research
    Before you approach your employer, it’s important to do your research and determine what a fair salary is for your role and experience level. Use online resources (like our yearly salary trends articles) and industry publications to get an idea of what others in your position are being paid. You can also speak with colleagues in similar roles to get an idea of what they’re earning.
  2. Schedule a meeting
    Once you’ve done your research, schedule a meeting with your employer to discuss your salary. Choose a time when your employer isn’t too busy or stressed, as this will give you the best chance of having a productive conversation. It’s also a good idea to give your employer some notice so they have time to prepare for the meeting.
  3. State your case
    During the meeting, clearly and confidently state your case for a pay rise. Use the research you’ve done to support your argument and be specific about the contributions you’ve made to the company. It’s worth highlighting any additional skills or certifications you’ve gained that make you a valuable asset to the company.
  4. Be open to negotiation
    Your employer may not be able to offer you the exact pay rise you’re asking for so it’s important to be open to negotiation. Be willing to consider other benefits or perks that may be offered in lieu of a salary increase, such as additional vacation time or professional development opportunities.
  5. Follow up
    After the meeting, be sure to follow up with your employer in writing to confirm any agreements that were made. This will ensure that everyone is on the same page and that there is no confusion about what was discussed.
Asking for a pay rise can be nerve-wracking, but it’s an important step to take to ensure that you’re being fairly compensated for your work.
By doing your research, approaching the conversation with confidence, and being open to negotiation, you can increase your chances of securing the pay rise you deserve.
 
Teamrecruit is Australia’s most established recruitment agency specialising in truck, earthmoving and agricultural machinery dealerships in Australia, New Zealand, the South Pacific and Southeast Asia. Find out more about Teamrecruit and how we support employers and candidates in the dealership industry.

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