Ask and you may receive
In the past 12 months, the Hays Salary report reveals 17 per cent of workers asked for a pay rise and were rewarded, while 15 per cent asked and were declined.
WORKERS planning to ask for a pay rise this performance review season have about a 50-50 chance at success.
In the past 12 months, the Hays Salary report reveals 17 per cent of workers asked for a pay rise and were rewarded while 15 per cent asked and were declined.
This year, 45 per cent of workers say they intend to ask for higher salaries and 89 per cent of employers intend to offer them – but rises will likely be minimal for most.
While two in three employers plan to offer less than a 3 per cent rise, only one in 20 plan to increase by more than 6 per cent.
New research by Survey Sampling International on behalf of SEEK reveals 48 per cent of Australian workers who have performance reviews say they help inform future goals and objectives and 60 per cent use them to highlight areas that need focused development.
People leadership expert Karen Gately says reviews should move from yearly to quarterly.
“It should be a more regular conversation,” she says. “We live in a far more dynamic world so may need to be shifting our goals throughout the year.
“In having a quality conversation it needs to be authentic, open and honest and build trust and respect mutually.”