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Friday, December 21, 2012

How to ask for a pay rise and get a bonus?

Successful ways to get an increment or bonus - Do not be boastful about your achievements or downplay the role of your colleagues


IT'S now December and year-end is just round the corner. It's also time for reflection about what you have achieved in your current job and what your plans are for next year in terms of your career path.

Taking some time to make such plans is a great way to ensure that you have set yourself in the right direction and how a well-crafted road map can lead you to your outcomes or objectives.

As with every plan, you need to give yourself some private time to set your thoughts in the right direction. Start with choosing a quiet place and give yourself ample time to relax and focus on how the current year has been and what lies ahead that you wish to see happening. Let's look at how you can successfully ask for a pay rise from your bosses if you had met and exceeded your targets and agreed KPIs.

  • >Current year reflection is a measure of your achievements
You will need to execute a list which contains information (in bullet points may be sufficient) of the scope of work that you have done during this year and what were the results.
  • >Crafting the list of achievements for the year
Start on a monthly overview e.g. January before you proceed to February. That way, you will not miss out any important information for that list. Have the list in a format which details the following in its respective columns:
  • >Month
a. From January till November or December if you can already predict the results or outcome.
  • >Projects and assignment
a. Note that it cannot be your daily task of following up on calls to clients but must be a sales lead that translated to an actual sales win
b. It can be a group project or one which you did individually
  • >People involved
a. If it was a group project, list down the names of your colleagues for clarity
b. List down your role in the project e.g. principal driver or customer liaison person, risk analyst planner (your actual role in the group)
  • >Timelines/cost involved
a. Duration from start to completion of project or assignment e.g. weeks or months
b. It could even be completed in a few days time
c. If there were cost investment required which is beyond the time spent on carrying out this programme, place the cost into the column e.g. marketing budget of RM12,000.
  • >Objective of the project and assignment
a. What needed to be achieved from this project before it was kick-started
b. What were the challenges or issues that were required to be resolved?
c. What was the sales target in terms of revenue that needed to be realised?
  • >Outcome/results achieved
a. The return-on-investment is critical in this column
b. List down the measurable results to be effective e.g.
i. If time was an essence, completion within or earlier than the duration expected or given
ii. If revenue was the outcome, place the amount/value into your outcomes
iii. If cost savings was involved, list down the amount /value saved
  • >Conclusion
Chart a simple graph to show your progress on a month-to-month basis based on the agreed KPIs and where you are at now. If you have been with the company for more than two years, create a comparison analysis on your year-to-year progress to showcase your growth. Charts or graphs are easier to read and it gives a clear overview of the results quickly.

What is very important is that the information in that list must be real and a true reflection of what was achieved. Do not list down information which you cannot prove or which is untrue. Be mindful that it's not about having a long grocery list but a list which is impactful in terms of outcomes and results. If there was nothing significant in that month, go to the next month and only list the effective and efficient details in your list.

If your company does not have a performance review/appraisal fixed for year-end, set an appointment with your immediate boss to have that discussion. Be proactive in your approach.

During the discussion, have an open mind that your list may be challenged. Approach your discussion with your boss on a professional manner and never argue your points.

Be diplomatic and highlight the points that you have in your list. Reaffirm your points with facts and in some cases, walk your boss through how it was achieved and the process that was involved.

You may not be the only subordinate your boss has, so, he may not recall each and every project of all his subordinates or the results attached to it. It is advisable to have the discussion with a state of mind that you are showcasing your achievements and not out to prove your boss wrong or to boast of your achievements.

If you know that you have achieved many milestones and have been a star performer, always be humble in your demeanour. Do not be boastful about your achievements or downplay the role of your colleagues on any group projects.

Group projects are always achievable as a result of teamwork no matter how small a role someone else plays. It would be good to share credit on some of the successes by naming some colleagues who had played a critical part in your project list. This reflects your maturity and openness to share credit where it's due. It also shows that you have leadership qualities and values teamwork.

When you ask for a pay rise, you also need to be mindful of the company's performance for the year. Ask yourself if the company has achieved better performance results compared to last year as a benchmark or if your company has achieved the performance results/profits that was targeted at the start of the year based on your CEO/management's direction for the year.

Look internally at your achievement and do a quick Conclusion (as per the list requirements above) on your progress month on month and if possible, compare that with last year's progress. If your company has suffered losses this year, generally it is advisable not to ask for a pay rise. Employees who show loyalty to a company during challenging times will be valued and there are also other ways to measure how the company and its management treat you beyond the pay rise; rewards and recognition (extra annual leave, awards),
good health plan, training and development programme which provided upskilling and personal growth.

Do some research on salary ranges before asking for a pay rise as your pay rise needs to be realistic and based on market rate. Never ask for a pay rise that is unreasonable or which you know the company cannot agree to. Be willing to accept a compromise during the discussion and open yourself to different solutions offered by the company.

As much as we wish to have what our heart desires, there are times we have to face the reality of rejection. If you are successful in getting that pay rise, congratulations but to those who are not successful, do not accept it as a failure or an end to a means.

Things happen for a reason and it may be a call for you to take charge of your own achievements, on your skill sets and, at times, it may be reasons beyond your control such as the company's poor performance as a whole.

Talking HR with Melissa Norman
 Melissa feels that those who invest in their careers do not view salary as the only priority but the job satisfaction and meaningful friendships forged with colleagues and bosses as critical aspects for long-term career fulfilment.

Reading opens up minds

BACK in my first year when I was asked to read cases by my professor, my immediate reaction was to ask how many pages were there to read.

My professor replied: “There’s no harm reading more.”

I also remember attending a scholarship interview where I was asked to give an account of the books I had read.

Proudly I answered: “I did not read any books besides the academic textbooks.”

It is really depressing and shameful that I took pride of my disinterest towards the habit of reading.

This may appear unusual for a law student like me to recount such a disinterest but I am afraid to say that many of my fellow Malaysian friends share such a disinterest, too.

Many students read for the sake of passing their examinations. Many spend time on computer games and working adults may find it tiring to read outside working hours.

As for myself, I turned impatient, disappointed, annoyed and even regretted choosing law as I later found out that I had to read hundreds of pages of cases every week (putting aside the textbooks, commentaries and other journal articles).

Over the years while in law school, I cultivated the habit of reading.

It was hard at the beginning when I had to flip through the dictionary to check the meaning of the words I did not understand, that I lost patience reading the countless pages of books and needless to say I shed many tears in my struggle to finish my law studies.

However, one thing I can assure you is that the sufferings bore fruit. Indeed, they were rewarding. I am no longer sheltered and ignorant.

My general knowledge and vocabulary have increased and with it, my ability to communicate. With the increased knowledge, I can voice an opinion if needed.

The habit of reading opened up my mind that I am now able to see things more objectively than before.

The treasure of knowledge also taught me to keep an open mind and not to accept another’s views blindly.

Reading news and non-fiction illuminates the world for us and reading fiction gives us what non-fiction cannot.

Through reading we travel and through books we find treasures. In those wanderings we find humanity, through the characters we find knowledge.

As how human beings need to be fed, knowledge serves as nourishment for our minds.

Reading opens up the door of knowledge, an important treasure for our country to achieve the 2020 Vision.
So, I urge all of you to cultivate the habit of reading, for yourselves and our country.

JUNE LOH Kulim, Kedah

Thursday, December 20, 2012

Get rid of illegal casinos gambling now !

SINGAPORE: Police have arrested five men in a raid on an illegal gambling den in a private apartment at Geylang Road.

I REFER to “Bet illegal casinos can be weeded out” (see below). They should not be allowed to thrive. They are a nuisance and must go.

I hope the enforcement agencies work on this immediately. Stop giving excuses that this cannot be done.

Such nefarious ways and activities must be put to an end. Have the political will to do so and we will see to their demise.

What is also shocking is how illegal massage parlours, budget hotels, nightclubs, pubs, video arcades and other unhealthy businesses have cropped up of late?

Did the state governments give permission for them to operate? Whatever it is, please see to it that they stop functioning.

Their presence is bad. Trust me, nothing good comes from casinos and gambling.

Gambling is addictive and leads to compulsive gambling problems and unhealthy obsessions; it promotes crime, sin, stupidity, laziness, arrogance, greed, selfishness, entitlement and neglect of one’s family, among others.

BULBIR SINGH  Seremban

Bet illegal casinos can be weeded out

IT is known as the street that never sleeps. And for all the wrong reasons.

Because of the proliferation of gambling outlets, businesses along the same street, both legal and illegal, operate non-stop to cater to the demands of the gamblers.

In another part of the Klang Valley, one road is regarded as the hottest gambling spot in town, with 20 outlets along a single stretch.

The Star's investigation into the e-gambling dens in Klang, Selayang, Batu Caves, Kepong and Petaling Jaya reveal that these casinos in the streets thrive because the authorities turn a blind eye to what is going on under their jurisdictions.

Enforcement is lax even when these outlets in highly-popular zones are so easily identified.

We are not talking about illegal activities that operate in the boondocks, where their locations are tightly-kept secrets and you may need special passwords to gain access.

As our expose today on similar outlets in Penang reveals, we are talking about such illegal activities in two of the most developed states in the country.

The local authorities and enforcement agencies are certainly well-equipped to deal with situations like these.

The modus operandi seems simple enough. By day, they are typical business outlets, but by night they transform into bustling gambling dens.

The enforcers should be working round the clock to close them down.

The real action happens after dark, when not only gamblers head to these places, but also others seeking other services, like sex, to unwind after a hard day's work.

One law enforcement official claims that the operators of the illegal e-casinos play “hide-and-seek” with the authorities and often disappear before raids are conducted.

Meanwhile, the local authorities claim that they cannot do anything about the rising gambling menace either because the residents do not complain officially or that the other enforcement agencies are not doing their part.

While that may be the case, such scenarios are common and should not be used as an excuse not to take the necessary action.

The enforcement officials can station themselves in these areas.

The licensing authorities can shut down even the legitimate businesses in the daytime if they have evidence that they are being used for illegal activities at night.

Rather than blame one another over the lack of action, everyone can, and should, work as a team to ensure that our streets come alive, in the day or at night, for only the right reasons.

Otherwise, casinos in the streets will simply spawn crime in the streets.

Related posts:
Video games turned casinos gambling in Penang
Cyber crooks target gamers; E-gambling dens menace, raid in Penang ... Cyber crooks target gamers; E-gambling dens menace, raid in Penang, etc

Wednesday, December 19, 2012

Video games turned casinos gambling in Penang

Huge gambling slot machines draw punters to illegal centres
Not so innocent after all: One of the video games arcades that offer gambling slot machines in Sungai Nibong.

GEORGE TOWN: Some video games arcades in Penang are doubling as mini casinos where punters can try their luck on huge gambling slot machines.

One, in Bandar Baru Air Itam here, looks just like any other video games arcade as children, women and the elderly can be seen having a fun time inside the premises.

But it turns out that the main draw at the place are the huge slot machines which can be played by six punters at a time.

For RM10, a punter is given 20 tokens worth 100 credits to gamble with.

At one machine, punters earn credits if they are able to hit targets.

A check revealed that several video games arcades and amusement centres here as well as in Sungai Nibong, Macalister Road and Bandar Baru Air Itam have such slot machines apart from the usual video games for children.

Some even have snooker tables and indoor golf simulation games to make them one-stop entertainment outlets.

These premises are equipped with closed-circuit television (CCTV) cameras and some have tontos (lookouts) stationed outside to sound the alarm if there are enforcement authorities.

Some of the premises are located in secluded shoplots and have tinted windows to avoid detection. There are also operators who only admit regular customers.

Many punters even bring along their spouse and children. While they gamble, their spouse and children play the usual video games.

A punter, who declined to be named, said winning about RM30 a day was enough to pay for three meals.

“But you must know the timing, technique and tactic to win lah,” he said.

Penang police chief Deputy Comm Datuk Abdul Rahim Hanafi said they had “zero tolerance” against the operators of such illegal centres.

He urged those with information to contact the police hotline at 04-2691999.

“Please, furnish us with details of the premises that offer such activities. We will immediately launch a crackdown,” he said. “I won't allow gambling activities in Penang as it will surely cause social problems.”

Penang municipal councillor Iszuree Ibrahim believed that video game arcades could have abused their licences to run such outlets.

“We will not hesitate to revoke their licences and take stern action against them,” he said, adding that the licences had to be renewed quarterly. - The Star

Tuesday, December 18, 2012

Malaysian living standards declining?

MOST Malaysians who joined the ranks of the employed in the 1970’s can look back and say that they were better off than those doing so now.

Ever since the 1970’s, the increase in salaries in general has lagged behind rising prices of goods and services across the board.

Take the case of a fresh university graduate who joins the public sector. Back in the 1970’s he would be drawing a basic salary of RM750 per month whether he was a doctor, an administrator or an engineer.

The RM750 may look paltry today but back then the sum was enough to cover almost all living expenses plus some balance for savings for the future.

Today, a fresh university graduate who joins the public sector receives a basic salary of about RM2,400 (a three-fold rise over the 1970’s) but he has to spend frugally in order not to be in debt.

The purchase price of a 24ft x 75ft double-storey terrace house, say in Petaling Jaya, was only RM40,000 back in the 1970’s. Today, the purchase price of a similar type of house in a similar location is around RM800,000 (a 20-fold rise).

A 1,200cc Japanese car back then was priced at RM7,000. Today, a 1,200cc local car is priced at RM50,000 (a seven-fold increase) while an imported Japanese version is priced at RM70,000 or even RM80,000 (more than a 10-fold rise).

A plate of economy rice with four dishes back then cost only 60 sen. Today, a plate of economy rice is not so economical costing at least RM6 (a 10-fold jump in price).

A bowl of wantan mee or prawn mee cost only 30 sen back then. Today, a similar bowl costs at least RM3 (a 10-fold rise).

A long-sleeved shirt back then could be bought for only RM5 (locally-made) or RM9 (foreign brand).

Today, a locally-made similar shirt costs RM60 or even RM70 while a foreign branded shirt is well over RM100.

The purchasing power of today’s ringgit has depreciated about 10 times compared to that of the 1970’s.

This effect of a faster rise in prices over the rise the salaries has led to a decline in the living standards of Malaysians in general over time.

This in turn has resulted in a shrinking middle income group and an expanding low income group in Malaysia.

In the 1970’s, a fresh graduate who was employed could be classified as a member of the middle income group.

Today, an employed fresh graduate belongs to the low income group.

Small wonder many people today resort to borrowing for consumption to live through the day.

Credit card companies or even Ah Long have no shortage of clients. The national consumption debt, both public and private, is rising at an alarming rate.

The BR1M1 and BR1M2 are only quick fixes for temporary relief.

In the long run, efforts to generate a sustained increase in productivity are the only viable solutions to address the problems of price of goods rising faster than salaries.

These include downsizing the public sector, reducing corruption, adopting desired policies like meritocracy, raising educational and training standards, and so on.

OLD TIMER Penang The Star/Asia News Network