Should you ever accept a promotion without a raise?

Accept or not accept - that is the question. Everybody who has ever faced up with salary negotiation at work found it very awkward. In fact, according to a survey conducted by Ally Bank, 70% of Americans think that it's rude to talk about money. People were more likely to disclose their income (39%) over savings (30%) or debt (29%) to family and friends.

We officially consider talking about money a taboo. However, why do we see the same trend in a working environment? According to Jobvite study, only 29% of employees got a pay raise as a result of salary raise negotiation and approximately 60% of companies don’t see a salary increase as a part of the promotion process. It means that people, who are working in companies where promotion doesn’t go along with a pay raise, have no chance to get a salary increase only because they have never tried.

Don’t you find it unwise? If you do, you probably have a question “What should be done in a situation, when you’re promoted but hesitated whether ask a boss for a pay raise or not?”

promotion_without_a_raise

 Here are 4 common instances, when you can get a promotion without a raise:

1.        Company rules

There’s something you can not move against - your company’s policy. Entering a job you’ve signed up an employment contract and it meant that you accepted all the things mentioned there. For example, if there was a bullet about giving out raises only at the start of the new calendar year, and you're promoted in June, you may have to wait to get your hands on that extra cash. Still, you deserve an explanation about the details of raise promotion process and you have a right to demand it.

2.        New position = new responsibilities

If you’ve got a “promotion” but the only thing that has been changed is a notice on your door means - you're setting yourself up to the fake promotion. When applying for a new role, the most important questions you should ask yourself are:

  • “What is your current job title?”
  • “What are my responsibilities?”
  • “How you’re the payment would change? The better bonus system, pay rise, other benefits? ”

Worse than a promotion without pay increase could be only not being paid for extra responsibilities. Some company’s managers used to operate the human resources as it beneficial to a company. They may give you more and more responsibilities referring to the value you bring to the work without taking into account your point of view. Avoid such cases and evaluate your possibilities according to the work you do. Remember, you’re working - not volunteering and have to demand pay raise for additional duties. There’s nothing wrong in salary negotiation.

salary_increase

3.        Other benefits available

In case, your company is on some sort of budgetary freeze or simply doesn't have enough money to offer additional compensation immediately you may ask for other possible benefits. Try requesting an extra week of vacation, or the option to work from home more frequently to make it an alternative pay package benefit. Feel free to ask for some added perks instead of cash if your new position requires more work. As the saying goes, “if you’re willing to do more work than you are paid for, soon you will be paid for more work than you do!”

4.        The fourth reason

Before making a decision, whether you should accept a promotion without raise ask yourself a question “Is it worth it?’. Figure out whether it makes sense to accept it in the first place. Thinking about the responsibilities you'll be taking on. Will they help boost your skill set and advance your career, or will you simply be doing more of the things you're already doing in your current role?

Money is not always the most important thing as it may seem at first. If you really don't think your promotion will do much for your career don’t waste a time and better regret and invest in yourself. Define your interests, skills and previous experience and let it become your flow.

Essentially, the bottom line is always negotiating salary during a promotion to make a deal. It doesn’t have to be financial – but it does have to benefit you in return for the extra responsibilities.

Recent posts
7 Job hunt trends you need to know in 2019 and beyond

42% of employers state that there is talent shortage and it’s hard to find the perfect candidate they really need. We have analyzed job search trends and we’re going to show you what are job trends today to make the job search easier for you. Check it out 7 main job market trends to be well prepared and know what to expect in the nearest future from employers and companies.

9 Career lessons everyone can learn from Game of Thrones

To obtain a dream job in a real world you can implement Game of Thrones success stories and career moves to end up on top of the career ladder. Check out the top 9 lessons you can learn from Game of Thrones strategy game.

How to explain an employment gap on your resume (with examples)

The job hunt is never easy. But what if your resume employment history is far from perfect? Some of us can take some time off from work for different reasons. Some people take this time to raise a child, finish their education, travel abroad. Some people got laid off or even fired from a previous job and it took a few months to find a new one. What is the perfect way for explaining gaps in employment? We will show you how to create a consistent resume that will demonstrate that you are a reliable professional who is a perfect fit for a job.

Daenerys Targaryen's resume: A strong woman in the man's world

Let’s take up as our example the race to become the King/Queen of Westeros and rule all of the Seven Kingdoms. To fill a royal role in Westeros you have to possess certain skills and competencies, just like any job in our world. If we were to transfer one of the most progressive and strong characters in our world, their resume would look like Daenerys Targaryen's.

50+ Best questions to ask an interviewer to land a job

At the end of each interview, a recruiter will ask you “Do you have any questions for me?” In case you have no questions on your mind, you can be sure you will never hear from that company again.

Therefore, we have prepared the list of 50+ great questions to ask in an interview to increase your chances to get a job. The questions will be divided into smaller groups so you can easily choose the most interesting interview questions to ask.

Here is why you did not get hired after a great interview

You have been invited for an interview and everything was good, you got all the signs you got the job after an interview. But then you got rejected. It’s frustrating for sure and you will definitely wonder why it happened. You have a unique chance to ace the interview as we have prepared the main reasons people did not get the job after their interview so you can be fully prepared in the future and avoid these common interview mistakes. 

 

25 Awesome travel jobs to make money traveling

You cannot imagine your life without traveling? If you are tired of waiting for a promotion, can’t stand your boring office routine and want to work and travel at the same time, this article is a must-read for you. We have prepared the top 25 jobs perfect to make money traveling.

How to explain being fired or laid off in the job interview (with examples)

When looking for a new job and having a job interview you will get questions regarding why did you leave your last job. These questions are inevitable and you will be asked about reasons for leaving your employment. But what if you got fired and the situation turned ugly? These tips with lots of examples should help you to handle this conversation and figure out the best way to answer why you left a job. 

Where is the raise you promised me last summer?

Let’s be honest. The incidents when our manager promises us a pay raise or a promotion and never keeps this promise are not isolated. It can happen. Whether your manager just says it to retain an employee or simply forgets about a promise, it’s still very disappointing. We understand your feeling of being undervalued. Don’t get desperate though. Here are some tips on how to get a raise, a promotion or even how to ask for a bonus that was promised for holidays.

15 Hottest jobs in the legal marijuana industry

Not so long ago, the use of marijuana was illegal at a federal level in all 50 states. However, as of 2019 medical marijuana has been legalized in 33 US states, in 10 of them recreational marijuana is also completely legal and regulated by the local law. States that already legalized cannabis and states that will legalize weed by 2020​ will create approximately 250K of new jobs. Compared to 2017, the number of cannabis industry jobs ​increased almost by 450%. So, if you are seriously thinking to pursue marijuana​ industry jobs,​ here is the list of 15 alternative job​ openings in demand​ with an average​ salary​ for each of them.