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Old 06-23-2008, 08:38 PM
 
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What if my employer fails to give me a cost of living increase after my anniversary date at my position. How would you approach the situation?
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Old 06-23-2008, 08:40 PM
 
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Ask for it.
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Old 06-24-2008, 04:30 AM
 
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Quote:
Originally Posted by VRE332 View Post
What if my employer fails to give me a cost of living increase after my anniversary date at my position. How would you approach the situation?
was there anything in writing stating that they would give you one after a year?
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Old 06-24-2008, 04:57 AM
 
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Originally Posted by fjennell View Post
was there anything in writing stating that they would give you one after a year?
no
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Old 06-24-2008, 05:59 AM
 
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If there is nothing in writing, I don't believe they have to give you anything. If you have a good relationship with your boss, ask.
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Old 06-24-2008, 06:28 AM
 
Location: Richmond, VA
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before you go to your boss to ask, have a list of reasons why you think you have earned an increase..."Mr. X. Over the past year I have increased X, decreased X, completed X, and took initiative on X. I think these show my desire to do a good job and illustrate how I have gone above and beyond my job responsibilities. Can we set up a time to discuss a possible pay increase?"
Just my opinion.
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Old 06-24-2008, 09:43 AM
 
Location: Arlington, VA
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I would try to focus on the fact that you earned the increase - just as twinmma said. Your boss/employer will be more likely to give you the raise because of this, instead of just because you need it to keep up with increasing prices.

One of my favorite career bloggers has a great post on raises during tough economic times (now). Here is the link: What to ask for if more money is not an option Brazen Careerist by Penelope Trunk
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Old 06-24-2008, 10:11 AM
 
Location: Bettendorf, IA
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It sounds like your employer does not offer cost-of-living increases. Do you know if your place only provides pay-for-performance as the sole means of pay raises? More and more employers both non-profit and for-profit are using this plan as the only way an employee can earn more money. If that is the case you need to jusitfy getting a raise by highlighting how you achieved or exceeded goals.
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Old 06-24-2008, 10:36 AM
 
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Quote:
Originally Posted by scimitar12 View Post
It sounds like your employer does not offer cost-of-living increases. Do you know if your place only provides pay-for-performance as the sole means of pay raises? More and more employers both non-profit and for-profit are using this plan as the only way an employee can earn more money. If that is the case you need to jusitfy getting a raise by highlighting how you achieved or exceeded goals.

The contract allows for a 3% increase per option year. I would think that the 3% should go to the employee as well, and not stated as company profit.
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Old 06-24-2008, 11:46 AM
 
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Ah, but you're thinking like an employee, not a company. They don't think that way. Companies need to show money in certain places at the end of each quarter. If they need to show a certain profit, that's where the money is going.

Before I start pumping myself up to the boss, I would find out if there is any cost of living increase. If not, then prepare something to support your request for a merit increase....if you choose to go that route. But be careful, these things can get tricky. Personally, I wouldn't be asking for a raise after one year. Have you gotten any mini-reviews yet and if so, were they favorable?

Does your company give annual reviews? If so, do they do it on the employee's anniversary or do they do it at the same time for everyone?
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