Score a Pay Raise at your Performance Review

With the economy on the upswing, you may find it the right time to finally approach your manager about a pay raise. A great context in which to do so is during a successful performance review. If your performance review is less than sparkling, it may not be the best time. So how can you nail your performance review?

Go in prepared. You might first consider taking a brief LMS preparation course. By doing so you'll not only learn all the tips on how to have a successful interview, but many LMS courses also provide practice reviews and checklists to help you prepare.

You'll find out the answers to questions such as: What control can I exercise during my performance review? What will the review cover, and what time periods will be reviewed? How can I showcase my accomplishments from the past year? The more prepared you go in to the interview, of course, the more successful you will be. The response your pay raise appeal receives is also likelier to be positive the stronger case you present for yourself.

Coggno is now offering a free trial for performance review training creators on its learning management system. Create an online course for free, whether it be for internal use, for inclusion in Coggno's E-learning Marketplace, or for outside syndication on hundreds of websites.

See Related Post: Increase Your Pay Raise Potential with LMS Performance Review Training

How to Gain Leverage During Your Annual Performance Review

Do you recall that feeling you had in grade school the moment you found out that report card time is near? If you had good grades in the past months, you were not at all worried. You may have even been looking forward to it knowing that you are about to get a reward from your parents for a job well done. But if you are unconfident about your performance during the semester, you probably felt butterflies in your stomach.

Hop on to the present and you find yourself reintroduced to that old feeling all over again. Getting your annual performance review is just like getting your report card when you were young. You are told how if you did a great job the past year or not hoping that you will learn from it and set new goals for the future.

Both parties benefit from a performance review – you get to know what your boss expects you to do and you get the opportunity to explain what you want from your job as well. Heading to an annual performance review is not really one of the most exciting events in your life. But instead of giving in to your anxiety as you wait for you grades, there are some things that you can do to lighten up the actual review.

• Have a back up for your points

A good place to start your preparation is with your portion of the review. Look at the points that you mentioned in your review and highlight your achievements. Watch out for weak points that could prompt some questions and think of a good answer if they come up during the review.

• Get ahead of issues and concerns

Predicting possible issues and areas of concern will give you leverage during the review. Even when you are expecting a good discussion, think about certain issues that your boss may raise and what you will say if they come up.

• Know your lapses

You should spend time thinking about your skill and competency lapses and possible solutions to close those gaps. Perhaps your blunders were due to lack of knowledge, insufficient training, poor management or a combination of the three. Know your competency gaps and think about ways to solve them.

Coggno is now offering a free trial for management training program creators on its learning management system. Create an online course for free, whether it be for internal use, for inclusion in Coggno's E-learning Marketplace, or for outside syndication on hundreds of websites.

See Related Post: Your Best Protection at Performance Review Time