ByHow to Get Your PMP Salary Increase the Easy Way
Financial growth is one of the perks that arise from gaining new skills or getting a Project Management Professional (PMP) certification. However, some employers may not immediately offer you a , so you have to find your way around. So, what do you do when caught in this stance? Often, employees have a myriad of unanswered questions about getting a raise as they try to wrap their fingers around how they will ask for the raise or when to ask for it. Some try and negotiate their salaries through calling, emailing, or even directly through a one-on-one meeting. Whatever method works for you doesn't matter a lot; getting a raise is what you need to focus on. Though a physical meeting is mostly recommended, sending a request letter for a raise via email might also be for your unique case. Technically, you feel like you are entitled to a raise after:
- Tirelessly giving your best at your job
- You increase your level of education
- Gaining a new skill helpful to the company's operations
All this begs the question of how often should you get a raise? And how much increase should you ask for? Lucky enough for you, this article will answer all these questions, including giving you tips on how to negotiate your salary increase on your own. Therefore, worry no more! DoNotPay is here to help you navigate the negotiation process seamlessly.
4 Tips for Negotiating Your PMP Salary Increase
Every professional anticipates growth in their monetary compensations but hardly knows how to negotiate through it. Suppose you have made genuine efforts towards getting your PMP certification, and now it's time to monetize these efforts. Here are four tips that can be beneficial to your salary negotiations:
1. Evaluate Your Professional Value to the Company
Your professional and personal input should be the first consideration while coming up with your arguments on negotiating with your boss regarding a PMP salary increase. Some of the questions you should ask yourself include:
- Of what value does your input add to the company?
- Does the input introduce anything new to the table?
- Will your added value solve some of the company's problems?
If you are getting positive responses from these questions, then you may have leverage while negotiating.
2. Gain More Skills
Apart from your PMP certification, you can decide to gain more beneficial skills such as Information and Technology (IT) or accounting. These added skills will be of value when documenting your worth to the company. Having an extra skill could help the company fill a gap in their course of undertakings, meaning that you will be of great value to your organization. If you seek to improve or add more skills, apply strategic knowledge and narrow it down to skills that are in high demand.
3. Research on the Value of Your Skills
Gaining knowledge on how much your colleagues of the same caliber are earning will be a plus in your case. Making comparisons during the conversation adds reason and weight to the negotiation.
4. Build Your Confidence
Confidence will help you in your presentation before the employer. Being bold enough makes you appear sure of what you are requesting. You can do this by practicing with your workmate, friend, or in front of the mirror.
How Much of a Raise Should a PMP Get?
The average salary of a PMP in the United States ranges from $69,069 and $253,748, depending on the actual position you hold. These statistics should inform your decision on the maximum bargaining amount. A PMP certification should improve your salary by 20-22% compared to a non-PMP project manager. Your PMP certification should be one of the top reasons you should go and smartly ask for an increase in your salary. Your positive work evaluation, mostly done annually depending on your company, should also inform the compensation amount you should be getting from your employer.
How to Ask For a PMP Salary Increase on Your Own
After evaluating yourself, your skills, professional and personal input, you decide it is time to ask for a raise. But you step back on realizing you do not know where to start. Here are some of the five steps you can take when bargaining for your PMP salary increase:
| Document the value and worth you add to the company | The milestones and achievements will help lay the groundwork for your case. Therefore, it calls for a prudent measure to put on paper before having an audience with your boss. |
| Prepare for a challenging conversation with your employer. | This step includes getting your documents in order, scheduling a meeting with your boss's secretary, building enough confidence, and trying to get answers to tough questions. |
| During the session, be flexible | One of the strategies you can use is asking for a salary increase slightly above the expected amount. Where it is impossible to get an increase due to unavoidable reasons, be diplomatic and find an alternative compensation method. |
| Finally, always be ready to walk away, if need be | Knowing your worth is crucial during the negotiation. However, always ensure you have an option when you decide to walk away. |
This process might sound tedious and time-consuming, but it can be worth the struggle. However, there are always other, more straightforward solutions to steer the process more smoothly. DoNotPay is one of them!
How to Ask For a PMP Salary Increase With the Help of DoNotPay
DoNotPay will provide you with a quick, less complicated, and time-saving solution that makes asking for your easier. You need not put yourself through any letter-writing process or fear messing up your letter. You only have to follow through these four simple steps outlined below, and DoNotPay will generate an official salary negotiation letter for you:
- 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.
And that's it! Once DoNotPay generates your letter, you can email or present it to your employer!
Use DoNotPay to Solve Other Problems!
DoNotPay will also help you get solutions to other problems you may have. We pride ourselves on client satisfaction and providing you with all the services you may need. We enable you to:
- Get chargebacks and refunds
- Get help in reducing your property taxes
- File a suit against anyone in a small claims court
- Learn how to standardize documents
- Fight workplace discrimination
DoNotPay has so much more in store for you. In case of anything, join us today, and we will be there to provide the solution!