If you have been giving your best at the workplace but still there is no appreciation or reward coming your way, you need to ask some questions to yourself. Once answered, it is time for you to go for a salary hike.
Most of us, especially members of the youth community, are hesitant to ask for a salary hike despite deserving it. But asking for a hike is worth the courage and you will be pleased to know that the rewards are worth it.
Does your performance speak for itself?
If the answer is yes, you have a chance. Present all your achievements since you started working in the organisation. Showcase how these achievements are noteworthy and need recognition in the form of a promotion and raise. The best time to ask is immediately after a recent major achievement, where you have displayed exemplary behaviour (cost cutting, clinching a major account, process improvement or improved productivity). But remember that your past performance, ability to perform under pressure and meet tight deadlines also enhances your chances for a promotion.
Are you ready to take on additional responsibilities?
Promotion means additional responsibilities. The expectation levels will also increase the moment you move to the next level. What was exceptional performance in the last role would be considered average in the new role. As you move ahead in your career, remember that there is no scope for complacency.
Is there a position that you can fill in?
Companies do not offer promotions merely to satisfy employees. There must be a vacancy available. Organisations do not create positions to fulfil your desires. Even if they do so, within a couple of months you will realise that you are still stuck doing the same old routine tasks. However, if you have been creating value additions, been efficient and well informed, there is a possibility of you being given an opportunity to do something different, where you create something from scratch, perhaps even a new department. This is your true test of performance, potential and perseverance.
In addition to keeping a close eye on these factors, do make it a point to present a positive picture about how you can contribute more towards the organization’s growth. Do not hit the panic button and send an email to resign, it does not work most of the times, try to find an amicable solution without being unprofessional!