Negotiating pay in a tough economy

The pandemic-related recession has altered many job descriptions. For Haley Jones, a 24-year-old resident of Michigan, the coronavirus changed the needs of her company, and as she adapted to meet them, her responsibilities were no longer confined to her marketing specialist role.

“I graduated with a marketing degree, no medical experience at all, and I ended up having to scrub in at our surgery center and help patients get prepped for anesthesia,” Jones says.

After adding those kinds of new hats, Jones felt that her responsibilities had outgrown her entry-level salary and position, so she requested more compensation. Your role may also merit a salary discussion, even in uncertain times. Here are some strategies to help you achieve the ideal salary:

Research the market:

Understanding the market for your job is critical, according to Lindsey Pollak, author of the upcoming book “Recalculating: Navigate Your Career Through the Changing World of Work.”

“You can look at websites like Glassdoor, Salary.com and PayScale and see what’s standard,” she says.

These websites offer a minimum and maximum salary range that you can reference to give your boss a realistic request. Pollak also suggests networking with professional associations in your industry and asking about the appropriate salary range for the job in your particular city.

Tally up your contributions:

If you’re working remotely, Pollak suggests being more self-promotional about big wins. With many distractions in the pandemic, your boss may not know the extent of your contributions.

Jones created a slideshow presentation with links to her work, a list of tasks completed and her overall impact on the company.Herbosssharedthe presentation with others weighing in on her salary request.

“If you want someone to do something for you, make it as easy as you can for them to say yes,” Jones says.

Lay the groundwork for the conversation:

Be strategic as you plan the conversation. Gauge your level of confidence at every step.

Put it on your supervisor’s radar:

Give your boss a general but serious reason for the meeting. Pollak suggests saying that you want to have a “career conversation” about your role and future at the company.

Time it right: Don’t plan such a conversation after the company announces a terrible quarter or when your boss is in a bad mood, says Joel Garfinkle, executive coach and author of the book “Get Paid What You’re Worth.”

Practice until you’re confident:

Jones built confidence by rehearsing in front of her mirror and loved ones.

Be intentional with your environment:

If it’s a video call, use sticky notes to remember key points. In an office environment, Jones leaned on slides and hard copies to move the conversation along.

Maintain control of the conversation: Don’t allow emotions or nerves to steer the conversation away from your goal. Remember three key points for your discussion:

„ Leadwithgratitude. Jones beganbythankingheremployer for many learning opportunities, then pivoted to her excitement about the company’s future and her role in it.

„ Knowwhentostoptalking. Get comfortable with silence. “Say the amount you want and then stop talking,” Pollak says.

„ Focus on the value for your employer. Be aware of economic impacts to your company and its priorities, and keep the focus on how you’re saving the company money or contributing to its bottom line.