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Requesting a Salary Increase for an Existing IU Employee Currently, approval must be obtained to provide any existing IU employee (including hourly employees) with a salary increase. There are limited
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How to fill out requesting a salary increase
How to fill out requesting a salary increase
01
Identify the right time to request a salary increase
02
Research your market value and compare it to your current salary
03
Prepare a list of your accomplishments and contributions to the company
04
Set a realistic and reasonable salary increase goal
05
Schedule a meeting with your supervisor or the appropriate person
06
During the meeting, confidently state your request and provide supporting evidence
07
Listen to any feedback or counteroffers
08
Negotiate and reach a mutually acceptable agreement
09
Follow up on the outcome of the request
Who needs requesting a salary increase?
01
Employees who believe they are underpaid compared to their peers or the industry average
02
Employees who have been with the company for a significant amount of time without a salary increase
03
Employees who have taken on additional responsibilities or achieved exceptional results
04
Employees who have successfully completed performance reviews with positive feedback
05
Employees who feel undervalued or are struggling to meet their financial needs
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What is requesting a salary increase?
Requesting a salary increase is when an employee asks their employer to raise their current salary.
Who is required to file requesting a salary increase?
Any employee who wishes to receive a higher salary is required to file a request for a salary increase.
How to fill out requesting a salary increase?
To fill out a request for a salary increase, employees typically submit a formal letter or proposal outlining their reasons for deserving a raise.
What is the purpose of requesting a salary increase?
The purpose of requesting a salary increase is to negotiate a higher salary that reflects the employee's skills, experience, and contributions to the company.
What information must be reported on requesting a salary increase?
Information such as the employee's current salary, desired salary increase, reasons for the raise request, and any supporting evidence of performance or market rates should be included in the request for a salary increase.
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