7 Ways to Get a Good Pay Hike without Quitting Your Job

1. Carry Out Appropriate Research:

Every employer follows their own set of protocols or standards when it comes to performance appraisals or pay hikes. Hence it makes perfect sense for an aspiring individual to carry out appropriate research regarding the standards, economic situation in the industry and also find out what employees at comparable positions are earning in the market, well in advance. You can use your network or opt to utilize mediums such as online job portals, job advertisements, or salary surveys in newspapers, trade magazines, job sites, and so on, as a medium to gather information.

2. Focus On The Numbers Your Boss Is Watching:

In an unforgiving job market, concentrating on performance and the things you can control is the best way to get noticed. Stay focused, try to make a difference and carry out tasks such as reducing costs, increasing revenues or any other responsibilities that is valued in the eyes of the employer.