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How Do Negotiate A Pay Rise

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I Work as an on-site engineer for a Solutions provider company and i have recently been pondering on how to negotiate a pay-rise. I was employed by this company to provide cover on a site on Microsoft Applications. My role as, since then(8 months ago)increased to things like Network Administration, Hardware Fixing and other forms of troubleshooting. Now i recently discovered how much my company gets from the site i work at and the difference with my salary is about ?60,000.I dont really want todisclose how i got this information but i'm rather desperate and my salary is very decent either

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by dennis_london

You can ask for a merit increase since your job duties have increased. Most merit increases are only about 5% but still, it's better than a poke in eye with a sharp stick. You might also be able to have them make the increase retroactive to when you started taking over the extra/other responsibilities. This way they don't have to do any promoting or juggling of job descriptions.

Hope this helps.

by cpbram

The key in a contracting position is to determine what your company's model for gross profit is and how much they charge for standard overhead. Once you know those numbers, you should be able to negotiate up to the difference of Total contract value-overhead-gross profit requirement. In some cases you will find that in actuality that your company took a lower gross profit to place you. So there may not be any room on this project to negotiate. In that case I would try to find a project where you can apply all your skills and your company can charge you out at a greater profit than their gross profit requirements.

Charles

by cedric king

I would agree somewhat to the second answer as you would need to determine the overhead of your company. There might be sinking fund in the company for future plans and that's why they are saving most of the profit. The 60,000 might in result be a mere 10,000 profit?
Let your boss know how your job scope had expanded and he should be able to do something about it. :)
I hope I can get a pay rise too, if the retrenchment exercise this afternoon does not hit me.
Sigh...

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