What Do You Do When An Employee Asks For A Raise | Do You Give Your Best Employee a Salary Increase?

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  • Опубліковано 15 лис 2024

КОМЕНТАРІ • 28

  • @billrhea
    @billrhea 5 місяців тому +3

    Bigger problem is hiring new people and paying them more than the workers you already have.

  • @sweetBhavesh2000
    @sweetBhavesh2000 2 роки тому +2

    It’s truly help & worth it Dave for Small Business

  • @Detroitdiesel285
    @Detroitdiesel285 2 роки тому +8

    Some good corporate simping

  • @Grisha113
    @Grisha113 3 роки тому +2

    Hello Dave, there is one point i don't agree with you and its the "what promotion is about". A worker who seeks a promotion is confident in his performence,which consists of high productivity or gaining new skills in his field.You wouldn't even consider a promotion for a worker who is average or below. That being said, i think a promotion is mainly a "reward" or acknowledgement of progrress and good work ethic. Thats why i disagree with the "must get value out of a promotion".Its greedy to want even more profit from a valuable employee,unless the promotion/raise is high enough to demand additional value.

    • @DaveLorenzo
      @DaveLorenzo  3 роки тому +2

      The comment about "greed" is judgmental. It is the prerogative of the business owner to make as much money as he/she wants. In fact, a business exists to make a profit for its owners. That's the way it works. People who deliver more value get the promotions and make more money.

  • @srdjanjovanovic3313
    @srdjanjovanovic3313 2 роки тому

    Nice video !
    I suggest that you make a video on how to ask for a employment contract renewal in the presence of multiple generous job offers on the other side !
    How to politely ask for a salary raise and leverage the whole situation ...
    Thanks a lot

  • @ahmedkourami9652
    @ahmedkourami9652 2 роки тому

    Thanks for the insights

  • @ashishkahu3673
    @ashishkahu3673 Рік тому

    Nice video

  • @crow-vz5lx
    @crow-vz5lx Рік тому +1

    Work on the volume. Get a mic. It improves the sound quality

  • @msmarauder37
    @msmarauder37 2 роки тому

    I've been on my job 6 years (nonprofit) and only have received a $1 raise. I love my job, im the best at what I do at my job. I've stared in a few promotional videos to help them raise money. I just want to know am I being unreasonable to want a raise? My employees are all amazing, supervisors show how much they appreciate you and they are genuine. 5 years in, we are just now receiving affordable health care. I could go work at Chik-fil-a and make more money than what I am now. That's not what I want to do. I really need advice.

    • @DaveLorenzo
      @DaveLorenzo  2 роки тому +1

      It might be time to look for something else. Thanks for watching

    • @AcholdinDFO
      @AcholdinDFO 2 роки тому

      If you are underpaid to similar position in the market, then you should ask.

    • @msmarauder37
      @msmarauder37 2 роки тому

      @@AcholdinDFO It's the opposite, im on the higher end, not nearly maxed out tho.

  • @marcelamelara1
    @marcelamelara1 2 роки тому

    why if an employee threatens you, it is better to fire him. or don't give them a raise?

  • @tracy2066
    @tracy2066 2 роки тому

    What if we just gave the employee additional tasks but asks that if she takes on these tasks does it come with a raise. How do I respond to that?

  • @gersendedupont1654
    @gersendedupont1654 2 роки тому

    Excellent advice in my opinion

  • @ausmate5235
    @ausmate5235 3 місяці тому

    Not really realistic. The only way I got a decent raise but threatening of leaving. 2 years past they are happy and understand that I am value and do not regret giving if to me. Sometimes you need to stand up for yourself and not beg and cry.
    What you are suggesting is that a person only deserves a raise if they do more for you. This is not right as many people already are underpaid for what they do without taking on more responsibilities.

    • @DaveLorenzo
      @DaveLorenzo  2 місяці тому

      You have to do whatever you are comfortable doing. As a business leader, this is what I am looking for.