Mistakes to Avoid When Asking for a Pay Raise

In this difficult job market it can be difficult to ask for a raise because so many executive/personal assistants are just happy to have a job, so if you’re going to ask for more money then be sure to embrace the following:

 

Know the market rate for your position

Many candidates are completely unaware of the “going rate” for their position. While it’s true that the personal assistant profession can vary wildly, there are many factors to consider: your duties and responsibilities, numbers of hours required each week (are you on-call 24/7?), and your length of time on the job. Don’t just throw a six-figure number at your boss because that’s what you think you’re worth, and don’t gauge your pay based on something you read in a blog.

 

Know How Much You Contribute

Once you’ve done your homework and you feel confident that you know the going rate for positions in your city, you should do some careful calculations and understand your value to the organization. Just because other executive assistants are in your field are making $105,000 a year doesn’t mean that you should – if you can’t justify it. Showing ways that quantify your contributions to the company are powerful negotiation tools when sitting down with your boss to discuss an increase in salary.

 

Don’t Procrastinate or Have Fear

Many assistants (executive, personal, administrative), never get a raise because they simply don’t ask. If you’re waiting for your employer to step forward and volunteer more money because “it’s the right thing to do,” then you’re likely going to wait to the end of eternity. Some candidates have so much fear about asking for a raise that they’d rather find a new job (that pays more) instead of just asking for more money at their current job. Take the plunge and be brave. Practice your pitch at home with a friend. If you go into a meeting very well-rehearsed, it can make a difference in obtaining your objective.

Executive Personal Assistants need to know how much they contribute to their company

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