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The salary of each employee is not something companies often make public. There are many reasons why they do so, from reducing potential conflict between employees to it being an operational strategy to help keep the business competitive.
However, what do you do if you somehow find out you are earning less than your peers? Should you immediately react against it? Negotiate for a better pay? Leave the company? Here’s what we recommend you to do when you do find out your salary is lower than your colleagues:
Stay Calm
Feeling angry or disappointed is understandable if you find out your pay is lower than your colleagues. However, if you let these emotions run free, you may make decisions that would only hurt your chances to negotiate for better pay. When you find out about the information, calm yourself down first and clear your mind to help you choose the best course of action.
Analyse The Information
As you calm yourself down, take the time to analyze the information to see what you can do to improve your situation. Think about why your pay is at that level and what possible reasons the manager used to put it that way. Once you consider all this information, consider what you can do to improve your pay and what to discuss with your boss about the issue.
Speak To Your Team Leader Or Manager
If you see a discrepancy in your salary or want to have a clear sense of how things are considered for salaries, speak to your team leader or manager. When you do talk to them, stay calm and professional. Let them know that you are doing your best to perform well and would like to know how to improve your chances of getting a pay raise. You should also avoid speaking about another colleague, which may create further tensions and reduce your negotiating power.
Ask HR For More Information
When negotiating for better pay, you should have all the necessary information to help your case. Speak to your HR department to get information on the pay scale system used by your company after getting your boss’s permission. Getting this information will help you understand how your salaries are computed based on your work and position and what you can do to get a raise. When you approach your HR, approach it as if you are seeking information rather than accusing them of unfairness.
Have A Realistic Mindset
When it is time for your salary review, be realistic about your chances of getting a raise or an alternative perk to compensate for the low wage. If the alternatives do not work for you, consider looking for a better job and see if there is one out there that can support you.
Fighting for better pay is a right employees are entitled to fight for regardless of industry. If your pay is not proportionate to your work and experience, don’t hesitate to change your performance and negotiate compensation. However, before you do so, consider all the information you get regarding your company’s pay scale and don’t let your emotions get to you to have a better chance to succeed. Remember, being rash can only cost you.
Negotiating for a pay raise is a tough challenge. Alternatively, you may want to check out your worth in the market. Here is how to do it right:
Know The Importance of Time Management in Job Searching
The Best Way to Job Search When You Are Employed
Start Networking Even Though You Don’t Want To
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