Is a 2% raise bad?
Is a 2% raise bad?
If you want a number, okay: In general, as a first-draft number, I look for a raise that’s 2% or so above the current inflation rate.
How do you respond to a low pay raise?
Start the meeting by saying how much you value the new opportunity. Mention that you appreciate the recent salary adjustment but that it doesn’t meet your expectations in light of your increased responsibilities, Mr. Dailey suggests. At this point, you should pause to allow your manager to provide an explanation.
How do you tell your boss a pay raise wasn’t adequate?
Make your case When stating your case, highlight what you’ve done on the job to merit a larger paycheck. Discuss your accomplishments as well as any cost saving measures you’ve been involved with, and if you can demonstrate your value to the team moving forward, even better.
How can I communicate with no pay increase?
Talking points to use:
- Show appreciation for this employee’s work and be specific about their individual contributions.
- Let them know how their pay is determined.
- Remind them of the other value drivers you bring to the table.
- Show them the way forward.
- Give them some goals they can work on in the immediate future.
How do you tell someone you can’t give them a raise?
Don’t:
- Say yes or no right away; instead, ask for more information.
- Grant the request without making clear that it was earned and that you now have higher expectations for the person.
- Try to blame your inability to grant the request on higher-ups: take responsibility even when you disagree with the decision.
How do you communicate with a salary increase?
How to communicate a pay raise with your employee
- Explain why they’re receiving a pay raise.
- Highlight any specific contributions your employee made to the company that contributed to the increase in salary.
- Discuss the raise in dollar amounts instead of percentages.