Catherine (Kathryn) Dill

speaker

683 appearances 15 recordings 1 series first heard Mar 2020 last heard May 2022

Catherine (Kathryn) Dill’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · Want a Raise From Your Boss? Here's How to Ask. · 4 Jan 2022 podcast

You don't want to be the first to state your expectations because you risk boxing yourself into a lower salary than they were voice-verified

may be willing to pay you. voice-verified

So experts point out here that the unknowns are pretty vast and that the onus is on the company to pay you fairly, not to be able to suss out what the exact number available to you should be. voice-verified

And so you really want to maintain your leverage by not stating that, you know, this is the salary I'm looking for. voice-verified

You want to sort of go back and forth using the information and the tools we've talked about to try and figure out what they're probably willing to pay you. voice-verified

I think in that case, you should really think about what it is that's important to you. voice-verified

First of all, there are some people who feel or maybe know that they are being compensated fairly for what they do. voice-verified

And so that's something certainly to take into consideration. voice-verified

Are you owed a raise? voice-verified

Is that what's equitable here? voice-verified

Would you maybe be interested in something like more time off, better boundaries around your job, or more staff support to underpin your own work? voice-verified

Are those things that would actually maybe be more useful to you at this point than additional compensation? voice-verified

Those are real things to think about. voice-verified

But if you are set, determined that you need a raise, deserve a raise, many employers will expect you to go out and get an offer from another company. voice-verified

And of course, there's a sort of, you know, there's risk to both sides there. voice-verified

For the worker, if you're going to go out and get yourself an offer from another company with the idea that your company will counter, you have to be prepared for the eventuality that you may need to accept that other offer. voice-verified

Your company may not be willing to offer you a counter offer, and that's the risk you take. voice-verified

But for the employer, if you're going to make your workers go out and get another offer in order to consider raising their comp, voice-verified

you run the risk that an otherwise satisfied employee will walk away from your organization. voice-verified

Because to get that other offer, they have to entertain emotionally leaving. voice-verified

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