Whether you’re a teacher in a grade school or an analyst working for a tech company, you most likely wouldn’t mind getting paid a bit more. In fact, many workers in industries across the United States report being upset over the small amount in their paychecks. With the effects of COVID-19 still being felt by many families and the recent rise in prices, it’s no wonder that many people are considering asking for a pay raise. In this article, we will discuss the industries where workers are discouraged by pay the most based on a recent study by USA Today, as well as why they feel this way. We’ll also give you some tips when it comes to requesting a pay raise.
Industries Most Frustrated About Pay
Unsurprisingly, the top three industries most discouraged by their pay include the education, healthcare, and government sectors. This is clear to see in the exodus of workers from the education and healthcare industries in recent years, as most cite poor pay as a reason for walking away. Over half of the workers in these three sectors complain about their wages, according to the study.
Workers in the education industry often struggle with the lack of financial support within the school districts, making their paychecks tighter and tighter. With the recent pandemic, those working in healthcare thought their paycheck did not reflect the dangers they face while on the job, and government workers operate on the budget that Congress sets for them each fiscal year, making civilian jobs and the higher pay that accompanies those positions, look more inviting.
Tips on Asking for a Pay Raise
No matter the industry you work in, you may wish to ask for a pay raise. Here are three helpful tips to utilize when making your case to your employer.
- Do Your Research
It’s always best to walk into a meeting about a pay raise with all the proper research and preparation done beforehand. Know what exactly you’re negotiating for, as having a number or range in mind is a good idea.
You should be sure that you base this number on something realistic, so don’t hesitate to look at other companies and their salaries for your position. You should also be sure that your skills and experience line up with these other salaries, as you want to show that you’re worth the extra money.
Do some research on current events, too. How is your company doing? Asking for a raise might be too much in times of economic hardship, but if your company is performing well, your timing might be better.
It’s also a good idea to prepare for potential objections to your request. Come up with a list of counterpoints that you anticipate your employer using, and make up some responses. If you’re mid-delivery and you realize your employer is not taking it well, having an exit strategy could help get you out of a sticky situation.
- Money Isn’t Everything
Sometimes, you may not need to negotiate for more money. This is especially important if you feel as though your company has fallen on hard times. You could ask for more time off, a more flexible schedule, including working remotely, more paid vacation, or longer lunch breaks. You could also argue for a different health insurance or better coverage. This way, you get something of value without breaking your company’s budget.
- Practice Makes Perfect
Asking for a pay raise might seem to be a bit awkward, so practicing your pitch beforehand is helpful. Make sure your speech is clear and smooth, without awkward pauses. You can also practice in front of a mirror or with a friend or coworker. This way, you can get feedback on your speaking and role play with handling objections.
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Conclusion
Whether you work in an industry that is known for poor pay or if you feel you’re not being properly compensated, you should demonstrate your worth to your employer and ask for a pay raise. It can be awkward, it can be uncomfortable, but at the end of the day, if you are truly worth the pay increase, your employer should see that and act accordingly. Do your research, practice well, and stride into that room with confidence in yourself and the value that you add to your company.
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