What do you say when giving an employee a raise?
“I know you’re interested in doing this kind of work as well, so let’s change your job a bit.” “You and I are going to work together this year to make sure your profile is raised.” “I’m committed to giving you opportunities to shine.” “I appreciate you bringing this to my attention.
How do you mention a pay rise?
What to say when you ask for a pay rise
- Start with the positives about your role and what you’re proud of. “Thank you for making the time to meet with me today.
- Talk about your achievements. “Over the past 12 months I have [talk about your achievements that have benefited the organisation].”
- Get to the point.
Are companies legally required to give you a raise?
Employers are not required by law to give annual raises to employees. What is expected is that the employer pays minimum wage and overtime when the employee has worked for more than 40 hours each week (or over 8 hours per day in some states). However, annual raises are not mandatory, they are discretionary.
What are the two types of raises?
Types of Pay Raises
- Cost of Living Adjustments (COLA). Every year, things cost a bit more.
- Performance-based pay raise. This is the raise that most people think of; you do better at work, and your employer rewards you with a bump in pay.
- Promotions.
- Equity raise.
Should you get a pay rise every year?
Most employers are more likely to give you a raise if you have been with the company for at least a year or more. If you have been with the company for multiple years, then you can ask once a year. This “rule” may differ if your employer plans to discuss your compensation during a performance review.
Is it legal to never give raises?
In general, however, employers are not required to give employees raises in pay. If you are paid above minimum wage and do not have an employment contract and are not covered by a union agreement, chances are your employer has no legal obligation to increase you pay.