Tips for Preparing for Salary Reviews

This is a YouTube video titled "Tips for Preparing for Salary Reviews" created in January 2025. The content features Mike Richards providing advice on how to approach salary reviews and pay negotiations, including using a global treasury salary survey and preparing a negotiation guide. The video is aimed at professionals planning their career and compensation discussions.
Salary survey. It's pay review time, people we know. So as I said in previous videos, we're running it in January and July. So if you want to take part, go to treasurysalary.com you can take part there. I'm going to run the numbers in the next couple of weeks. Perfect timing for your pay reviews and your career planning. So keep an eye out now if you do want. Also, this is one of the other things, this is the other teaser, if you like. I was in a conversation with a candidate the other day and he said to me, mike, how do I justify my pay rise, my pay review and requesting negotiating if you like, a pay review. We went through some of the things and I said, look, don't rely on my salary survey. He's like, well I know, I'm going to go. I said, no, that's the last thing you do. The first thing you do is look back at your job. You talk to your boss, he's got a new CFO if you like, tell him and explain to him your what you've done, your contribution, quantify your contribution, your numbers, guys. So what have you achieved? Where have you made an impact? Where have you saved money for the company implementing a new system, moving banks? Or where have you made money? Help them streamline operations, save cash, but also make cash if you like, highlight how your role has grown, buy also you can compare yourself to your peers in the market and what their compensation levels are like. So you can use. And that's where you start to use our salary survey and timing. Bring it up. Maybe when you're talking about this now, you're gonna have lots of pay reviews if need be. Maybe you say, look, I can wait for that. I'm gonna wait a year. But maybe if it's going to help you, if you're being swamped by this stuff, maybe we can do it a bit later. Maybe you want to have a discussion about compensation after you've had a big win, you've done a big, you've done a big raising of capital or you've done a bond. And this is what I was talking to the chap about the other day. And then when finally they said, bro, what brings you to say you want more money from me? I say, look, I'm below average. Not performance wise, but actually salary wise. What leads you to believe this? Amongst 90 other treasury managers, I'm in the bottom quartile. Well, show me. Here you go. Here's Mike's salary survey is the global treasury salary survey. It then gives you a strong case to ask for more, so I'm putting together a guide to help you prepare for that. Now you can either drop me an email to request it, going to do it next week. There'll be a lot of tips if you like, a bit of a checklist if you like, for about how to negotiate your salary. So I'm going to put it together if you want to comment below. What does it say? Yeah, if you just put in the comments guide, then I'll put you on a list and I'll email it out to you. Or if you want to just drop me an email via LinkedIn or over trusty thing Outlook email Mike at treasuryrecruitment. Com. Just put in their guide your details and I'll email it back to you.
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