The last thing many workers have been thinking about in this dismal job market is how to ask for a promotion or a raise. The popular mind-set: “You’re lucky you still have a job.”
But now it’s time to shake off those recessionary shackles and start thinking seriously about getting what you deserve at work, especially if your employer is seeing an uptick in business and looking to hire new workers.
“Companies are starting to worry about defections when the economy gets better,” said Laurence Stybel, executive in residence at Sawyer Business School, Suffolk University in Boston. “Once the drumbeat of hiring starts, that’s when you can go to the boss and say, ‘I haven’t had a raise or promotion in two years.’”
Patrick Sweeney, the president and CEO of ODIN Technologies in Ashburn, Va., said his firm hired no new employees last year and had a few layoffs. But this year he plans to add up to 15 new positions.
He also just promoted two employees.
“Both guys were often the last ones at the office at night and among the first here in the morning,” Sweeney said. “More than a great work ethic, they jumped in wherever it was needed, from figuring out complex engineering problems to sweeping up our lab to calling clients on the weekend when they needed help.”
Getting a promotion in this economy is not a lot different than getting one during an economic boom. You still have to show managers you’re willing to work hard and can produce results.
“If you really want to turn yourself into a loser, think about a salary increase as a reward for past good services,” advised Stybel. “You’re trying to extract money from a cheap company, and companies don’t care about the past – they’re obsessed about the future.”
Saving a company big bucks
That focus on producing results is what got Hubert Rivera two promotions in 2009, one of the toughest economic years in recent U.S. history.
Rivera became a vice president for InCharge, a Orlando, Fla.-based nonprofit credit counseling organization, in October after 10 years with the company. That came after a previous promotion in April.
Despite having to cut costs because of the economy, the goal was to maintain service to the firm’s clients. So he took initiative.
“I spoke to my boss back in May of 2009 about ways we could improve our efforts and help the company grow,” Rivera said. “We have been hit hard by the economy and saw reductions in calls and business.”