Tuesday, November 26, 2019
How to Write a Letter Asking For a Raise
How to Write a Letter Asking For a RaiseHow to Write a Letter Asking For a RaiseAsking your employer for more money isnt easy, even when you know you deserve it. If you knocked it out of the park over the past year, took on more responsibilities or received a stellar wertmiger zuwachs review, its smart to talk to your manager about a pay increase. After all, there are relatively few employers who will throw money at you without being asked.As a specialized staffing agency, we can help you find a new job. But if what you want is more money at the job you have - and youre leid sure how to start the conversation - your best bet may be to articulate your request in a letter asking for a raise.We will show you some samples of what you could write in an email or handwritten letter and offer several tips to help you develop confidence about the message you want to send.Do your salary researchFirst of all, you need to know what your skills and experience are worth. The Salary Guides break down starting pay ranges for more than 450 positions across numerous professional fields. Completing your own comprehensive research will help you understand what a competitive wage is for someone in your position and geographic location.You need to know what your market worth is in order to have the greatest negotiating power. Researching the numbers will also demonstrate to your anfhrer that your salary request is backed by real data versus your own subjective opinion.USE OUR SALARY CALCULATORPick the right timeDoes your company have a policy of granting pay raises only during performance review periods? Check your employee handbook for guidelines. One of the first steps in knowing how to ask for a raise is identifying the best time in your companys cycle to have the discussion. In some cases, it wont matter. But in others, it can be crucial.As part of your research, see if your company has had recent layoffs or a hiring freeze. If you bring up your pay when your company has just posted a loss for the fiscal year, your appeal is likely to go nowhere fast, regardless of how amazing you are.Make the requestWhen youve researched your salary range and landed on the perfect time, make the ask. Write to your manager and explain that youd like to connect to review your compensation. Outline your impact clearly and concisely. Prepare compelling bullet points that convey exactly how youve excelled in your current role.Do not mention what your coworkers make or any personal reasons you might have for needing more money.Next you can take one of two approaches. You can either ask to meet with your manager in person to discuss the salary you are seeking, or you can provide some initial insight in your letter. You should use your judgment regarding which route is best to take, based on previous interactions with your manager.If this is the first time your boss hears you want more money, it may be best to set the stage for an in-person meeting or phone call. You might cons ider a sentence or two in an email, such as this Could we have a short discussion to review my salary or devote a few minutes to that topic during our next one-on-one meeting?If you have a performance review coming up, its a good idea to ask ahead of time Would it be OK if we discussed my compensation during my performance review?And if you have already expressed the desire for an increase, you should go ahead and share it either as a percentage or as a dollar amount. Your email might include a line like this Weve discussed my wish for additional pay, and after some research, Id like to request a salary increase of X percent.Back it upIn a longer letter asking for a raise, provide context to explain how you landed on the salary figure you are providing. Numbers are convincing, so use them in the descriptions of your accomplishments money saved, revenue earned, deadlines met, services improved, responsibilities taken on.Just as you did in your salary negotiations when you interviewed for the job, your request should reflect the value you bring to the role, goals youve met or exceeded, results you have delivered, and industry averages based on your job skills and years of experience. Its easier to put nerves aside when you feel ready to answer hard questions about why you deserve an increase.Finish with a call to actionClose with a polite but action-oriented next step. This could be writing that you look forward to feedback or an in-person meeting. Remember to thank your manager for supporting you in your role and for considering your request.After you hit send, be patient. Your manager may need to talk to a higher-up or HR before getting back to you. Those conversations and the resulting negotiations can take time.Remember to make sure to thank your boss for allowing you to express yourself - even if you dont get the response you were looking for. Get clarity on what would be required for a future discussion, and set a time to check in again. Negotiating is a process. Putting your request in writing is likely just the first step, but if you make the ask, it can pay dividends.Sample template of a letter asking for a raiseDear (Name),As my X-year anniversary gets close, I would like to formally request a review of my salary for my work as a (job title). During my time at (name of company), I have taken on additional responsibilities and have achieved success in several areas. Ive made a list of some of my accomplishments and responsibilities, which include the following Taking the lead on Meeting goals in Improving efficiencies that led to a savings of $X for the company ... Achieving success in Adding to my (skill level or education as it relates to the job) Aside from my X skills in this role, I have also demonstrated excellent X abilities and proficiency with X. The staff can count on me for X.I enjoy my work here and appreciate the support you and the team have shown me. Given the added value I have brought the company, I think it i s fair to request a bump in pay. Based on the research in the Salary Guide, Ive found that the midpoint salary for this position is $X for my experience level. Considering rtlich variances, an X percent raise would put my compensation closer to those salary benchmarks.Thank you for your consideration. I am willing to work with you to accommodate my request, taking into account what is best for the company. Please let me know if you are available for a short meeting.Sincerely,Name
Friday, November 22, 2019
Exempt Employee - A Look at the FLSA
Exempt Employee - A Look at the FLSAExempt Employee - A Look at the FLSAAn exempt employee is not subject to the minimum wage and overtime requirements of the U.S. Federal Labor Standards Act (FLSA), as opposed to a non-exempt employee, who is protected by the provisions of that federal law. The FLSA mandates that employers must pay most workers the Federal or state minimum wage (whichever is higher). They must also compensate them at a rate of at least one and a half times their regular hourly wages for any time worked above 40 hours per week. How to Tell If You Are an Exempt Employee Do you find yourself working more than 40 hours a week without seeing extra money in your paycheck? Are you earning less than the federal minimum wage of $7.25 per hour or your states minimum wage if it is higher? Your employer may have classified you as an exempt employee. According to the Wage and Hours teilen of theU.S. Department of Labor, only bona fide genuine executive, administrative, profe ssional, computer, and outside sales employees who meet certain requirements are exempt from the minimum wage and overtime requirements of the FLSA. Its that bona fide that stumps some people, including maybe your employer. They incorrectly believe that job title alone determines whether a worker is exempt or non-exempt, but earnings and job duties must also come into play. Executive, administrative, professional, computer, or outside sales workers are usually exempt from the FLSA, but only if their salaries and job duties meet particular specifications. If your job title is one of the ones listed above, look at your most recent paycheck. Is your weekly salary at least $455? If it is, do you meet the other criteria for each title Executive Employee Your job title may be manager, but if your duties dont meet all the FLSAs requirements for an executive employee, you may be entitled to overtime pay and the minimum wage. Ask yourself the following questions Does your job mostly consis t of managing the company or a department?Do you supervise at least two full-time employees?Can you hire or fire workers, or, at least, contribute to the decision to do so? If you have answered no to just one of these questions, your employer must pay you the minimum wage and overtime. Administrative Employee Respond to these two questions to find out if the FLSA would classify you as an administrative employee Do you primarily perform office work that directly relates to the business operations of your employer or its customers?Do you use judgment when making decisions about important matters? If you dont do either of these things, it is time to talk to your boss about your rights as a non-exempt employee. Professional Employee There are two types of professional employees learned and creative. Your job must punkt into one of these three categories if your boss considers you a learned professional who is exempt from the FLSA Your work must be intellectual in nature.It must be in a field of science or learning.Your training must have taken place through specialized study in law, accounting, engineering, or another field typically considered to be a profession. As a creative professional who is ineligible for overtime pay and the minimum wage, your work must involve invention, originality, or talent in a recognized creative or artistic field such as writing, music, performing arts, or graphic arts. Computer Employees Are you acomputer systems analyst, computer programmer,orcomputer software engineer,or do you work in another computer science occupation that requires similarskills? Those who do arent usually subject to minimum wage or overtime pay laws, but to be sure, answer the following questions Do you apply systems analysis techniques and procedures?Do you consult with computer users to determine specifications?Do you design, develop, analyze, create, test, and modify computer systems and programs? If your answers to at least two questions are yes, you are probably an exempt employee. Outside Sales Employee Somesales representativesare entitled to earn at least the minimum wage and overtime pay, but others are not. If the following statements are both true, you wont be seeing anything additional in your paycheck whether you work 40 hours a week or 80. You sell goods or services for which clients or customers pay.You mostly work outside your employers primary place of business. Are There Exceptions to the Rules? Even if you meet some of the criteria that make you a non-exempt employee, dont march into your bosss office to demand extra money yet. Theres one more thing that may identify you as an exempt employee and cut short your dreams of a bigger paycheck. Highly compensated employees arent covered by the overtime provisions of the FLSA. If your salary is at least $100,000 annually and your job involves performing office duties and non-manual work the FLSA considers you an exempt employee. The only way to earn a higher salary is t o ask for a raise. Some Workers Are Never Exempt Blue collar workers and first responders are never exempt from the minimum wage and overtime provisions of the FLSA. Blue collar workers use their hands, physical skills, and energy to do their jobs. They include construction workers, electricians, carpenters, and reinforcing iron and rebar workers. First responders are police officers, firefighters, and paramedics. Source Fact Sheet 17A Exemption for Executive, Administrative, Professional, Computer Outside Sales Employees Under the Fair Labor Standards Act (FLSA) Disclaimer Please note that the information contained on this page as well as elsewhere on this website is for guidance, ideas, and assistance only. Dawn Rosenberg McKay makes every effort to offer accurate advice and information on this site, but she is not an attorney. Therefore, the content published here is not to be construed as legal advice. Employment laws and regulations vary by location so check government res ources or legal counsel when in doubt about your particular situation.
Thursday, November 21, 2019
Customize this Impressive Branch Manager Resume Sample
Customize this Impressive Branch Manager Resume SampleCustomize this Impressive Branch Manager Resume SampleHelp your own job search by having a first-class resume. If you are unkoranvers exactly what this document needs to look like, you should first examine the branch manager resume sample. It can be extremely helpful to look at other resumes before starting on your own. Doing so can also give you ideas for what skills are good to mention and how to format everything. One good tip is to create a personal resume first. Once the first draft is complete, you can compare it to the sample. You may discover certain things need to change, and you want to make these corrections before you start submitting to hiring managers. For extra help, consider using our resume builder.Create Resume Riley King100 Broadway LaneNew Parkland, CA, 91010Cell (555) 987-1234emailexample.comProfessional SummaryDedicated Bank Branch Manager with the organizational and leadership skills to efficiently and suc cessfully oversee bank operations. Proficient at managing and monitoring workflow processes, coordinating interdepartmentally to facilitate cohesive action, setting targets and making forecasts. Specializes at managing and organizing staff.Core Qualifications Operational procedure supervision Workflow enhancement Task delegation Logistics and coordination Staff management Budgeting and scheduling Revenue and expenditure reports Goal oriented CreativeExperienceBank Branch Manager, April 2009 to PresentAeros Banking New Cityland, CA Organized bank staff and delegated tasks, monitored workflow and operational efficiency Coordinated interdepartmentally to develop and implement financial plans Produced annual reports for bank administrators concerning long term goals and financial positionBank Branch Manager, November 2004 to March 2009Cityland Financial New Cityland, CA Coordinated tasks interdepartmentally to ensure cohesive communication and teamwork Produced budget forecasts, expen diture and revenue reports, and developed goals and long term financial plans Analyzed operational workflow and enhanced efficiency when necessaryBank Branch Manager, February 2000 to October 2004Harthouse Financial New Cityland, CA Monitored and managed the status and efficiency of operational procedures, identified areas for improvement and developed plans to enhance efficiency Developed and monitored the status of internal controls and risk management Produced annual budget and revenue reports for administrationEducation2000 Bachelor of Science, AccountingUniversity of Michigan Ann Arbor, MichiganCustomize ResumeWhy Is This a Good Branch Manager Resume Sample?Most hiring managers who read the branch manager resume sample here would be very likely to call in the candidate for an interview. There are a few reasons for this, and it all begins with the professional summary. All resumes need to have a brief paragraph about what makes the applicant unique. With phrases like leadershi p skills and specializes at managing and organizing staff, the resume writer is making it clear he has experience with leading teams and would make a valuable asset as a branch manager. The Skills section is easy to skim through. Each individual skill has its own line, and each is only a few words long, which is all you need. There is no need to get into specific information about times you applied the skills. That material can come later in the Work Experience section. The longest part of a resume is going to be the Work History section. In this area, you want to begin every point by mentioning the position you held, the name of the company you worked for, the dates you worked, and the location of the company. Once you state all that, write bullet points about all your most impressive accomplishments and duties at each place of work. It is beneficial to stick with two or three of your most recent jobs so you do not get into positions that are no longer relevant to where you are cur rently in your career. Lastly, there is the Education section. The branch manager resume sample shows all the information you truly need for this part. At the bare minimum, you only need to have the title of your degree, the major, the name of the school, and the year you graduated. However, in some cases, it is acceptable to leave off the date.Why You Need a Strong Branch Manager ResumeMany college students pursue degrees in finance. With growth projected to be at seven percent until 2024, chances for many great careers in the future are high. Although the number of branch manager jobs will grow, expect plenty of applicants for each job. You can expect dozens of applicants, if not more, applying to open branch manager jobs when one opens up. This is a lot for hiring managers to read through, which is why many only spend a few seconds perusing a resume before deciding to read it in more detail. The branch manager resume sample here would most likely warrant an interview, so use it a s a guide to have an edge over the competition.Costly Branch Manager Resume Mistakes to AvoidThere is plenty of information to include on a resume. One section you do not want to forget is your contact information. Directly above the Professional Summary should be your name, phone number, and email address so a hiring manager can get in touch with you. Do not make the mistake of forgetting it like so many other applicants do. Another mistake to avoid is having skills not relevant to the industry you want to be in. For example, if you are a great guitar player, that is nice, but it is not going to help you as a branch manager. Read the list for the branch manager resume sample, and you will find that all the skills point toward a career in finance. Skills such as staff management and task delegation are useful for financial managers, and you could elaborate on them further in an interview.ConclusionIt takes some time to write a resume you are confident in. You should start working on it now before you begin your job search in earnest. By following some of the pointers provided in the branch manager resume sample here, your document has a better shot of catching a hiring managers eyes.Branch Manager Resume Questions1. Whats the best resume schablone to use for a branch manager resume?Since a branch manager is a more senior position, individuals applying for the position should utilize a professional resume format. This is a template showcased perfectly in the branch manager resume sample where experiences receive emphasis above all else. The benefit of this is it demonstrates your commitment to the industry, and it serves as a testament to the knowledge you have accrued with real-world experiences. Education would go at the bottom of this resume because it will not be as important.2. How do you list references on a branch manager resume?As a general rule, you should never put a list of references directly on your resume. You will notice that no such references e xist on the branch manager resume sample. A hiring manager may ask for them, especially since a branch manager needs to showcase a higher degree of professionalism and expertise. Additionally, you should wait to provide references until asked. The employer may not ask for them until after the face-to-face interview.3. How do you list education on a branch manager resume?For the education section, list your more advanced degree first. You will notice on the branch manager resume sample that there is only a bachelors degree, and the applicant leaves the high school diploma off entirely. Unless you graduated within the last year, leave off the date of your graduation. In the event you are still in school, then mention your expected graduation date. Instead of listing a GPA, such as 3.5, you would want to include academic honors, such as summa cum laude.4. What should you do to make sure your branch manager resume makes it past an ATS?Applicant Tracking Systems have become more common d uring the application process. Instead of reading every single resume that comes in, a hiring manager may instead send the documents through an ATS that will scan through each paper to look for keywords and phrases. A simple thing you can do to optimize your resume in these cases is to spell everything correctly. You will notice no typos on the branch manager resume sample. Another easy thing to do is to keep your document easy on the eyes. You do not want to use weird fonts or borders that could throw off the system.5. How can you separate your branch manager resume from other candidates resumes?You can utilize our resume builder to create your application effortlessly. It will immediately give it an air of professionalism to separate your document from the crowd. Take a cue from our branch manager resume sample by avoiding common mistakes that many other applicants tend to make. For starters, you should make the details accomplishments-driven rather than duties-driven. You also wa nt to use keywords. Small and big businesses alike scan for keywords, so look at the job description to obtain these words.
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