A Pay Raise Request Letter is the exact thing that any employee does when they feel that their wages should be raised or want their manager or boss to notice they are worth increasing their payment. Everybody works for money to meet their day-to-day expenses and it is an important part of life. So if a person thinks that he has worked hard enough to ask for an appraisal they should talk to their boss.
What Is a Pay Raise Request Letter?
Everybody wants an increment in their salary and a formal letter requesting an appraisal is called a Pay Raise Request Letter. In the corporate world, the formal letter has more importance than words so instead of going around your boss and telling him to increase your sal might not have that much effect than wring a formal request letter to increase your salary addressing all high authority officials.
Is It Right To Ask for a Raise in a Letter?
Many people feel shy or are embarrassed to ask for an appraisal in the letter. They either fear from their boss or simply wait for pay raise from their side. It is not wrong to ask for a higher salary if you have completed your targets and have qualifications for a salary increase. Anybody works hard to earn more money and if you are doing that don’t hesitate to ask for pay raise.
What Goes Into Crafting the Perfect Pay Raise Request Letter?
Many people simply don’t ask for pay raises because they don’t know where to begin. So if anyone is going to ask for raise for the first time, here are some hints which they can use to ask:
A newbie person generally doesn’t know whom they should keep as recipient while writing mail for pay raise. They either sent it to the wrong person or don’t actually send mail in confusion. So if anyone is facing such a problem, it is better that they should ask people who know very well or are have done this before.
Many people don’t know the timing when they should ask for pay raise. Asking at in wrong time can lead you to trouble. So keep in mind that if your company is making profits and doing well you can ask for raise if the case is opposite it better to co-operate with the situation and wait for a while.
If you are asking for raise you should know well that whether your effort and work are beneficial and profitable for the company or not. If your work is aiding in the company’s growth you can ask for raise. It is important to mention your contributions in the mail so that your boss can notice them.
The amount that needs to be raised should be known to you. So before randomly asking for any raise do a survey based on what is an average salary that is to be expected while asking for raise.
What Not to Put in a Pay Raise Request Letter?
If you craft your letter perfectly and with positive points, you can get what you desire while if your letter contains anything bad it can put you in an awkward situation. So before proceeding forward, here are few things that one should avoid while asking raise.
If Your Company Is Performing Badly
A pay raise and incentives all completely dependent on the financial health of a company. If your company is suffering from losses then it is advisable to wait for the right time and until then be thankful that you are having a job.
If There’s a Performance Review
Everywhere managers evaluate their employee’s performance and based on that they decide whether you are eligible for pay raise or not. This time is very important as you can reflect your positive points to him and ask for raise.
Never nag or rant for raise in front of your employer. Even they are also keeping an update on your performance. It is always advised to keep calm and think of a solution to explain why you should get raise and explain the same to them.
Don’t Play the Victim
Always have a positive approach when you are requesting for pay raise. It is very important to be an asset for the company and don’t ever try to gain sympathy.
Sample Pay Raise Request Letter
Here are some sample Pay Raise letter templates that can help you to understand how one should ask for pay raise:
May 27, 2021
Unitech Solutions Pvt Ltd
5th Street, Ontario
Subject: Pay Raise Request Letter
Now that the company is doing well and is growing, I wanted to steal some of your precious time so that we can discuss my compensation.
As you know, I have been working in this organization for the past 3 years as a Software Developer, and been an integral part of the company working towards the growth of the company. In the past year, I have been working hard to increase the productivity of the company aiding in the company’s revenue.
I would therefore like to use this opportunity to discuss my pay raise. As per my research, 20% of the pay raise will be appropriate considering my role and work in the company. I have really loved working here for the past 3 years and want to grow along with the company. So I look forward to discussing the matter with you in person.
Thanks, and Regards