Many young Nigerians don’t know how to talk about money or bring up conversations about finance. There are varying reasons for this trend that are too numerous to go into. Because we like you, we created a list of ways to know when it’s time to ask for a salary increase.
If one day you suddenly realize that you haven’t been promoted at work yet you do the job of ten and a half people and you also spend more time (including weekends) in the office than the house you rented. This is a sign that it is time for your salary to match your stress levels. Make sure you only do this if you have been visibly performing and contributing to your company. Also, do proper research on salary range across the industry before asking for a raise to prevent “I thy know.”
2) A crippling absence of enjoyment:
When was the last time you traveled? Me too, I can’t remember. Well, this is about you and not me. So, if you realize that the job depends on you so much that you barely have extended free periods for yourself. You can’t worship God, can’t even slightly fornicate. Then you are in a prime position to negotiate an increase in wages.
3) If your boss buys a new car:
See, don’t ask us how we know. There’s money available. Quickly collect your share before the money finishes.
4) If you have another job offer:
If you have an alternative job offer but for some reason, you prefer your current company. You can just bring it up casually in a conversation if you are to shy to call a meeting: ‘There is serious traffic these days, speaking of traffic, that’s how XYZ company gave me a green light the other day. They offered me the XYZ amount to join them. Can you imagine?”
5) The company has recently “gbe bodied” and you are their Zlatan:
This is the best time to ask for an increase. If the company performed well in the last year and you contributed greatly to the success, you have the leverage to negotiate for a rise in your earnings. This is priceless if you created a process or product that saves the company time and a lot of money.
If you are the only person that is really and truthfully and honestly proficient in excel at your office, you can consider bringing up the conversation about money increase. Once you have an invaluable skill, your value automatically goes up. This is because it would cost more for the company to train someone new to do your job. Also, the person may not stick around as long as you have. However, make your research well before bringing it up. This is because asking for too much can make it backfire.
7) Your salary hasn’t increased 14 years after joining the company:
If you have been adding relevant certifications, consistently been doing good work and there is no noticeable increase in salary since joining the company. You should quantify all these and present your case to your boss so there can be a review.
8) You want to go to Canada:
Once I start my own company, anyone that tells me they want to relocate automatically gets a raise. Until then, God will fight our battles.
“our home and native land”
Beyond the jokes, I hope you found some parts useful. If you did, let us know in the comments!