Skip to main content

Week 6 - MBA 6601 - Asking for a Raise After Graduation

I read the article by RaiseGuide on how to ask for a raise after graduation or certification. This is a relevant article to me as I am pursuing my master's of business administration while working for a company. Knowing how to ask for a raise based on this milestone is important as it will help me determine my career outlook.


One aspect I liked from the reading is how we should have a "conversation about your performance" instead of one to "ask for a raise" (1). Discussing money is a nerve-wracking task for anyone, at least in my opinion. I had to do it when I was first hired, and again when I became a full time employee. I always feared saying the wrong thing or not saying enough. Changing my mindset about what we are discussing (from something that is scary to something that is normal, and that everyone does) will make the task less daunting.

I was not aware that pay increases are about 4.6% (1). Since master's degrees cost quite a lot of money, I had expected it to be more. Also, a master's degree is not something everyone has the opportunity to earn, which made me imagine I would get paid more. With this in mind, I think it is important to consider your work situation. Would you prefer to have a pay increase at this rate, maybe a little more or less, at your current company? Or do you consider alternative jobs that may offer you a higher starting salary?

I like how the article outlines the importance of work performance. Having a strong work ethic and being a team player are just a few qualities any employee should have. This is crucial as it will play a major role on whether or not you are granted a raise.




I am certainly excited to receive my MBA next year. The coursework alone will teach me a lot and help me better understand the business world. Further, it will put me at a major advantage in my career. Understanding how to ask for a well-deserved raise is important to ensure you are getting paid appropriately for your experience and credentials.

Comments

Popular posts from this blog

Week 5 - MBA 6601 - Midjourney for Creating AI Images

I recently discovered an AI-based image generator by Midjourney. As a relatively artistic person, I quickly became interested in exploring this tool's capabilities. What initally sparked my interest was the art I saw posted by Generative AI on LinkedIn. The page shares images that users had created in Midjourney including a chonky Chipmunk and "what-if" scenario if Robert Pattinson and Kristen Stewart had a family. It's funny that such different photos could have one thing in common, that is, artificial intelligence! AI can clearly make a wide range (if not limitless) style and type of art. Not only that, but the tool can create something factitious that appears to be real. As it continues improving, I am sure the AI-based images will fool many into thinking it produced an authentic image. According to its website,  Midjourney is "an independent research lab exploring new mediums of thought and expanding the imaginative powers of the human species." You can...

Week 8 - MBA 6601 - TikTok and AI

One thing I gave up over this past Lent was watching TikTok videos. I had the app for a while but found myself watching its content more and more often. It became an addiction. It is such a powerful tool, and I know the program displayed personalized content for me in hopes it would keep me watching. That is why I decided to take some time away from it - so I could focus on other things in my life instead of just watching videos. Surprisingly, after giving up TikTok over Lent I never went back to it. And I haven't thought about it much since. However, that doesn't mean it hasn't popped up again in my life. Recently, I came across a couple interesting articles about TikTok and AI. As with many other companies, TikTok is testing AI tools and technologies. Check out this article by The Verge  on the new TikTok "Tako" that is still in the testing phase. The idea is users can ask it to provide recommendations on what to watch, for example. As mentioned in the article, ...

Week 3 - MBA 6601 - Hootsuite's OwlyWriter AI

I currently work in the marketing department for a small company. One of my responsibilities is creating content for our social media pages. This includes writing posts for projects, upcoming events and webinars, reposts, holidays, and anything else relevant to our industry. I have familiarized myself with the company's writing style, such as how we format posts for sharing projects and our professionalism when creating holiday posts. Recently, I discovered that I can use AI to assist in the creation of social media posts. I no longer have to come up with the content by myself each time. Rather, I can use AI to generate ideas and provide me with inspiration. I utilize Hootsuite  for creating and scheduling social media content. The company recently devloped a new tool, OwlyWriter AI, that assists in the process of creating social media content. There are options for repurposing posts, getting inspiration, and generating captions, among others. It is easy to select a tool from OwlyW...