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June 21, 2011

Is a raise out of the question? Try asking for these perks instead.

Many companies may be repealing a previous salary freeze, but the days of large performance increases and quick promotion are a thing of the past. A recent survey by Accountemps of over 1,400 companies reveals that a full 25% are planning to implement training, flexible schedules, or mentoring in 2011 to retain their top talent.

So, what can you do to improve the appeal of your own job? Consider asking your boss for some of these perks:

  1. Feedback –We are talking about continuous, open-ended communication that flows both ways, not your annual performance review meeting.
  2. Increased Responsibilities – Take the lead in asking your boss to work on a new project.
  3. Flexible Schedules/Tools – According to the survey, 24% of companies who responded plan to offer more flexible schedules for their employees. Perks can also include smartphones or laptops to work outside the office.
  4. Professional organization memberships – This is a low-cost way for your company to invest in your development.
  5. Paid days off to volunteer – Some are calling these “corporate responsibility days.” It is not only beneficial for the employee, but it shows the company’s commitment to service.
  6. Transportation, education, and entertainment allowances – Suggest a budget that will allow you to attend networking events, allow for magazine subscriptions, or a car allowance.
  7. Mentoring opportunities – This is another low-cost way for the company to invest in your development.
  8. Guest speakers/seminars – Show your boss how inviting a dynamic speaker will be fun, but also highlight and improve your knowledge.
  9. Improved office space – See what is available and ask for the office with a better view.
  10. A Sabbatical – Unlike vacation, this leave is unpaid, but allows you time to recharge on a short basis (a couple of weeks should do it).

For more information, see the article, “10 Things to ask your boss for instead of a raise” in Forbes online.

 

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