Annual appraisal: How to prepare for your appraisal and get a pay rise

It's THE time of year: time for your annual performance review. While it can be a nerve-wracking experience, it's also an opportunity to reflect on the work you've done over the past year, set new goals and possibly negotiate a raise.

Here are a few tips to help you prepare for your annual interview and increase your chances of getting a raise:

 

Review your professional tasks and achievements

Before the appraisal interview, take time to review your duties and reflect on the tasks you've accomplished over the past year. Make a list of your accomplishments and be specific about the results you've achieved. For example, instead of saying "I improved the company's presence on social networks," say "I increased the number of followers on the company's social networks by 20% and generated 50% more engagement on our posts."

 

Set goals for the year ahead

At your performance review, you'll probably be asked to set objectives for the coming year. Start thinking about what you'd like to achieve in your role, and define specific, measurable, achievable, relevant and time-bound(SMART) objectives. For example, a SMART goal might be: "Increase sales by 10% by implementing a new lead generation strategy and running 10 sales training courses per quarter."

 

Put your communication skills to work

Your performance review is an excellent opportunity to communicate your value to your employer. Practice talking about your achievements and goals in a clear, concise and confident manner. Consider role-playing with a friend or colleague for extra practice.

 

Prepare for the salary discussion

If you're hoping to get a raise at your appraisal interview, it's important to be prepared to discuss salary. Research the market rate for your position and establish a reasonable salary range that would suit you. During the interview, be sure to emphasize your value to the company and the results you've achieved.

 

Make a list of your strengths and areas for improvement

In addition to talking about your achievements, be prepared to talk about your strengths and areas for improvement. Make a list of your top three strengths and the three areas in which you'd like to improve. For example, your strengths might be "the ability to work independently", "excellent problem-solving skills" and "strong communication skills". Your areas for improvement might be "time management", "working with teams" and "technical skills".

 

Show your gratitude and appreciation

As well as talking about your achievements and goals, be sure to express your gratitude and appreciation for your work and the opportunity to work for the company. This can help build a positive relationship with your manager and set the stage for future conversations about salary and promotions.

 

Follow up after the assessment

Once you've assessed your performance, follow up with your manager to discuss further action or next steps. This will ensure that you're on the same wavelength and making productive progress.

By following these steps and preparing for your EAE, you'll increase your chances of getting a raise and set yourself up for success in your role. Remember to stay positive and confident, and don't be afraid to stand up for your interests and professional goals.

 

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