A lot of workers have a feeling that they could get paid more. Corporate culture usually asks the employees not to talk about their salaries with each other. But in recent years, this practice is connected to negative work experience. Today, people are encouraged to talk about the issues that worry them so they can get positive experiences!
Asking for a raise can be intimidating. You always think that your employers don’t care enough to listen to your arguments and actually give you more money. Of course, this isn’t the case in smaller companies, where you can invest in your career more and receive great support. Also, in small and medium businesses, bosses often know their workers personally.
In big corporations, on the other hand, you need to plead your case even before you can land an interview regarding your pay increase. There is a certain chain of command and bureaucracy that you need to engage in. Also, in most cases, an applicant has to go over some performance evaluation meetings to see if the salary increase is justified.
With the right moves, you can get an upper hand when asking for a raise. You also can get some help from edit my resume services to improve your achievements on paper a little bit. So, here are some tips on how to write a perfect salary increase letter from the point of view of an employer and a worker!
What Is a SIL?
Let’s start with the basic terms. A salary increase (or increment, as they might say in corporate language) letter is a piece of official professional documentation. It is used when a worker requests more benefits or a raise. There is also a letter that the boss sends to a certain member of staff when they are due for a promotion.
There are many reasons for workers to ask for more money. Sometimes, in big companies, a lot of personnel can get lost in the flow. So, it’s better to take initiative into your own hands! Show your bosses that you are essential to the operation and go for it! Usually, the salary rates are overviewed once a year, but sometimes, the financing department can make an exception too.
How to Prepare for Creating a SIL?
Before actually asking for money from your boss, you need to do some preparation. A lot of applications can be overlooked if they are not done up to the standards of the industry. Also, you need to list strong reasons for your promotion based on the available career resources. Here are some tips on what to do before writing a salary increase letter:
- Do some research before asking for a salary increase. You need to have all information about the medium pay-outs in your profession and within the trends of the job market.
- Pick the time that is also convenient for your organization. A lot of companies are losing money because of the pandemic. What makes you think that your boss can find some resources to pay you more right now?
- After gathering all info, consult with some of your superiors or colleagues. Maybe there is a decent career advice expert working with you who can guide you in the right direction!
Salary Increase Letter: From an Employee to Their Boss
Let’s talk about how you can apply for a raise from your employers. There are some corporate rules about official documentation, so you would need to look up the manuals in your firm. At the same time, there is a simple format that will look good in any case! Here are some of the basic features that need to be included in a SIL.
- Your name, position, and ID number that is used in the company system. Obviously, this is needed for identification.
- Current date, your contact information, and address.
- Title, the intent of the letter, and greetings.
- Your arguments for paying you more money. Here, you can mention the number of years that you worked for the company, your most recent accomplishments, and your key skills that make you irreplaceable.
- Your desired salary after the increase.
- Conclusions, words of thanks, and your signature.
It will definitely be a plus if you look up some examples online or get professional help. This way, you would only need to worry about the contents and not about the general appearance of the letter. You also can use this example later to craft a winning resume in the future! A job search can be tough, and having your accomplishments in one place will help.
Salary Increase Letter: From a Boss to Workers
There are also some cases when you, as an employer, want to reward a certain worker for their outstanding performance. In this case, there is a need for a formal letter. You actually have the qualification and power to give out raises, so this process is not so intimidating for you. Here are some helpful tips for a hiring manager in informing your laborer about pay increases:
- You can send an email, but it’s always better to talk to a member of staff in person before that. Your letter can be official evidence for the promotion.
- Offer your congratulations and mark the achievements of the recipient.
- Even if the pay increase is a formal once-a-year occurrence, bosses still can offer some nice words to go with it!
- Clearly state the new salary of your worker.
As you can see, this is much easier and less intimidating for bosses to write a SIL. For personnel, it can be pretty nerve-wracking to ask for more money in such hard times! But if you have something to show for it in terms of your work, there is no harm in trying.
To Sum Up
So, now you know how to craft a salary increase letter both in a case when you are a hired worker and when you have your own business. In both of these situations, an applicant has the power to take the matter into their own hands and choose a writing service on the jobhero reviews. Even if you don’t get the promotion, there are plenty of recruiting firms that can take care of your career for you in the future!
