How to Write a Proposal for a Pay Increase
Do you want to make more money at your job but feel that asking for a pay increase is too nerve-wracking? Putting your request in writing can do a lot to make the process easier and less stressful. Written pay increase proposals allow you to display why you feel you deserve a pay increase without worrying about your choice of words or their delivery.
If you want to , you'll need to know where to start. Fortunately, DoNotPay has the tools you'll need to communicate your desire for a higher salary effectively. Whether you want to make your case for a higher wage in-person, over the phone, or by email, our app can help you.
Reasons to Ask For a Pay Increase
- You've been working for the company for a significant length of time.
- Annual performance reviews are coming soon, and you want to ensure that you are given a pay increase for your work.
- There has been an increase in company revenue or productivity that you were responsible for creating.
- The amount of responsibilities your position comes with has been increased.
Should You Ask For a Pay Increase by Email or Letter?
A lot of conventional wisdom says you should only approach your boss for a raise in person. And while that is an effective method of doing so, it's no longer the only method.
In an era of rapid communication, most people are perfectly okay with discussing important salary matters electronically. Having the discussion in person means picking an appropriate time for you and your supervisor and focusing entirely on the issue. If your boss is extremely busy, this may not be possible. Sending a letter or email gives your supervisor the ability to respond at an appropriate time without needing to turn away from other professional issues they may be dealing with.
Putting your also establishes documentation of your request. Therefore, even if you plan to discuss a pay increase with your supervisor verbally, you should still submit your request in writing. Doing so will formalize your proposal and ensure that it is taken seriously.
Finally, submitting your salary increase request in writing will give you the time you need to carefully craft your proposal. Asking for a raise verbally means that you need to do all of your research ahead of time and not only memorize it but deliver it effectively. Saying the wrong thing could not only jeopardize your chances of getting a pay increase, but it could also damage your relationship with your supervisor. Putting the proposal in writing will keep you from potentially tripping on your words or failing to deliver the correct information to support your argument.
How to Craft a Written Proposal for a Pay Increase
While writing a letter to your boss may be less stressful than speaking to them in person, it requires just as much effort to make it effective. Your proposal needs to present facts in a manner persuasive enough to convince your boss that you deserve a pay increase. Here are some .
|Research average pay rates within your field.
|This step is particularly vital if you feel that you are making less than the industry standard. It will also help you determine how much of a pay increase to ask for.
|Create a list of accomplishments you've achieved during your time with the company.
|Be sure to connect those accomplishments with any increases in profits or productivity to communicate your value to the company.
|Timing is everything.
|It's just as vital to know when to ask for a pay increase as it is to understand how to ask. Try to make your proposal directly after completing a big project or accomplishing something significant. If pay increases are discussed during year-end reviews at your company, make your proposal just before the start of those dates.
|Remember that you're writing a request.
|Even if you strongly feel you deserve a pay increase, your supervisor has the final say. Keep your words respectful. Avoid making demands, ultimatums, or complaining.
Pay Increase Proposal Letter Sample
Dear [Name of Supervisor],
I have enjoyed working at [Company] for [Amount of Time]. In those years, I feel that I have become an integral member of the team and have contributed to the company's bottom line.
I believe a raise of at least 10% is justified in light of my recent accomplishments. For example, over the past year, I have:
- Developed our product campaign outside the city, opened up a new market, and increased the company's growth potential.
- Brought in two high-profile clients, increasing total company sales revenue by 13%.
- Trained incoming staff, totaling 55 hours of voluntary service.
After completing salary research, I found my current annual salary of $58,000 is well below the median pay for [Name of Position] in our region, $65,000. Therefore, I am requesting the opportunity to meet with you to discuss a 10% salary raise, which would bring my annual salary in line with the market rate.
Once again, I am grateful to be a member of this organization, and I enjoy taking on assignments that allow me to contribute to the company.
Thank you for your time. Please let me know when would be a good time to discuss a salary solution that works for everyone. I look forward to speaking with you soon.
DoNotPay Can Help You Craft Your Pay Raise Proposal in Just a Few Clicks
Whether you feel that you aren't making enough or that your salary isn't increasing at a rate commensurate with your contributions to the company, it's vital to know how to ask for an appropriate pay rate. However, doing so on your own can be difficult. That's why DoNotPay has a solution available to help you request a pay increase without hassle or stress. All you have to do is
- Search “negotiate my salary” on DoNotPay.
- Enter the name of your company and the industry you work in, so we can find the right wage statistics for your role.
- Answer a series of questions regarding your qualifications and achievements, relocation expenses, and other job offers if applicable.
- Enter the new base salary you would like to request.
What Can DoNotPay Do For You?
Negotiating your salary is just one of many situations that DoNotPay can help you overcome. Our app is designed to give you the tools to find hidden money, fight bureaucracy, and cut through red tape. We can help you with:
- Fighting workplace discrimination
- Getting refunds and chargebacks
- Closing your bank account
- Filing for bankruptcy
- Increasing your credit limits
DoNotPay can help you resolve virtually any legal or financial issue with just a few clicks. So, sign up today and let us go to work for you.