As we start to approach the end of the year, many of us who are employed are about to go through performance reviews. These performance reviews can have a big impact on whether or not you get a raise, a year end bonus, and even if you get a promotion in the future.
You don’t need to get an economics degree in London to know that bonuses, raises, and promotions are good for your financial situation, so it’s important that your year end review goes well.
Here are a few actionable steps you can take to make sure your review is great.
Be a Great Worker
The first and most important thing is that you have to be a great worker. You aren’t going to be able to convince your boss that you had a great year if you didn’t. First thing’s first: be someone worthy of a bonus or a raise.
Unfortunately, that isn’t always enough. Once you’ve put in the work you may have to take a few more steps.
Give Your Boss a List of Your Accomplishments
Sometimes as an employee you can feel like your boss should know everything you’ve done off the top of his or her head. The reality is that your boss probably does a lot more than just manage you all year. My boss has about 10 different employees, and I know he’s too busy to keep all of my accomplishments at the front of his mind.
As you prepare to have your year end performance review, make a list of everything you’ve done. It doesn’t matter how small it is; put it on the list. When your boss sees all the extra stuff you’ve done and sees a full list of everything you’ve accomplished, he or she will probably be pretty impressed.
Make sure you have a session where you can review this list with your boss in person or over the phone.
The reality is your boss probably forgot half the stuff you and the rest of your peers did. If you remind him and your co-workers don’t, your boss will start to think you did more than anyone else. Even if that’s not true, it’s good for you if your boss thinks it’s true.
Always Be Closing
Now that you’ve told your boss how great you are, you might want to ask for a bonus or a raise. This will depend on your relationship with your boss, how strong you’ve actually performed in the last year, and your company policy towards bonuses and raises.
If you feel like you’re not being paid for the hard work you do, it’s important to ask for the sale. In this case, that means asking for a bonus or a raise. You’ve already proven that you’ve earned it with your list of accomplishments, but asking for a bonus or raise is important.
If you truly deserve a raise, hopefully your boss will make it happen. If he doesn’t, then it might be time to look for a new job.
Readers: How do you ensure you get a great performance review?