How to negotiate a 25% raise when on a trial period at a company you love?
I currently make $39 per hour but I want to make at least $48.75 per hour because this is one of the few times I can negotiate a raise. The HR at the company has a history of being very difficult in giving raises, but I'm currently working on a contract as a trial period for the company. The psychological challenge is that it's a company that I love so it's easy for my brain to rationalize a lower salary even though I want to make at least $100,000.
I have been with the company for 2 months and the recruiter told me a 3 month trial period, so the time to speak about a full time role is near.
What is the best way to build my strategy of securing this raise? The company is Tony Robbins' main company, aka Robbins Research International.
1. Do I deserve it?
2. How much does someone with my job title make at this company?
3. What is my value proposition to the company?
4. When do I ask for the raise?
There are two reasons why I suggest asking for 10% more than 10% of their profit from your work (i.e., asking for 25% instead of 20%).
First, this shows them that YOU know exactly how much money they make off of YOUR WORK so that means YOU ARE VALUABLE TO THEM! This puts them in a position where they have no choice but to give you a raise if they want to keep someone who knows exactly how valuable he thinks he is.
Second, when people negotiate salary increases with companies, most people just ask for an increase without any justification as to why because we don't know why we should get more money than anyone else getting paid less than us.
But here's why YOU SHOULD ASK FOR MORE THAN THE PROPORTION OF THEIR PROFIT THEY MAKE OFF OF YOUR WORK:
1) Because then THEY HAVE TO JUSTIFY WHY THEY SHOULDN'T GIVE YOU A RAISE! They might think "oh well he doesn't deserve it" but now THEY HAVE TO PROVE THAT OR
No comments.