September is a time for new beginnings. With a new school year upon us, many of us are thinking about new routines, setting better habits and planning our short and long-term goals. Depsite market uncertainties and a wave of recent layoffs, many companies are still growing and hiring. If you have big goals and aspirations, now may be a great time to stand out, separate yourself from the quiet quitters and ask for that promotion you’re been dreaming about.
Asking for a promotion can be nerve-wracking and can leave you feeling vulnerable. But that doesn’t mean that you shouldn’t take the risk and now might be the perfect time to start that discussion.
Here are some ways to build your confidence and improve your success when it comes to having that important conversation with your boss.
Understand Your Motivation
Before you discuss a possible promotion with your boss, take time to reflect on why you want the promotion in the first place.
Are you genuinely interested in being more involved with manager-level responsibilities? Keep in mind that, according to the Journal of Accountancy, “to be promoted to manager, a CPA needs to show that he or she can handle any of the work being done by employees below him or her on the pyramid while also displaying the nascent skills needed by those above.”
Many people looking for a promotion are actually more interested in earning a higher salary and having a title that they feel is more impressive. Perhaps you’re feeling dissatisfied with your current position and believe that a move up the ladder will solve that. There are a whole host of reasons why you could be seeking a promotion. Inc. Magazine describes some typical motivators for asking for a promotion including Ambition, Money, Opportunity, Dissatisfaction, and Boredom.
Understanding your motivation for wanting a promotion will help you determine whether taking steps to get one is the right path forward for you as well as your timing and how you go about it.
Pave the Way
Before you approach your boss about a promotion, consider whether you’ve already been doing the legwork necessary to prove to him or her that you are serious and prepared to take on more responsibility. Some great ways to build your case for why you deserve a promotion include:
- Gradually asking for more responsibilities – this can include taking some things off your boss’ plate, if possible. Familiarizing yourself with higher-level responsibilities now will set you up for being able to successfully tackle them if you’re promoted in the future.
- Making time for professional development – taking additional courses, attending relevant conferences and workshops, and seeking out an appropriate mentor all show that you are committed to growing your knowledge and skill set.
- Honing the right skills – do your research and determine which skills are required for the job you want, then figure out which ones you have and which ones you need to sharpen or acquire. Managers need to have strong technical skills, training skills, the ability to multitask, exceptional interpersonal skills, and a knack for generating business.
- Asking for feedback – in order to know whether you’re on the right track, be sure to check in regularly with your boss to find out what you’re doing well and what you could be doing better. This information can help with timing your promotion request appropriately.
- Keeping track of your achievements – you’re in the finance and accounting industry, so you know the importance of clear data and being able to quantify what’s been accomplished. Use this knowledge to your advantage by creating a memo outlining your successes that you can present to your boss when you’re ready to discuss your potential promotion.
- Finding solutions to problems – being able to identify current problems with systems, procedures, or staff and coming up with actual, executable solutions that you can present to your boss will show initiative and a keen ability to problem-solve.
Find A Good Time
When it comes to approaching your boss for a promotion, it’s unlikely you’ll ever find the perfect time. However, if you’re strategic about when you broach the subject, you might find your boss more open to the discussion. Just ensure you avoid these common promotion-request pitfalls that Forbes has outlined such as “Asking for a promotion or raise simply based on length of time employed”.
If your boss is dealing with tension and problems in the workplace, it might be best to hold off on asking about a promotion for a week or two, so that your boss is less stressed. In may not be right to ask for a promotion, but it could be a great opportunity to ask how you can help.
Look for a time when there are positive things happening and the atmosphere is more relaxed. Schedule a meeting with your boss and be sure to come prepared with notes and clear, quantitative examples of what you’re bringing to the table and how you plan to make things even better.
While it’s natural to feel a bit intimidated about asking for a promotion, don’t let that hold you back. Take a deep breath and go for it. After all, if you don’t ask, how will your boss ever know that you’re interested in taking the next step in your career?
Your Next Step
No one should walk the job search or hiring road alone. At Clarity Recruitment, we help others realize their success through a process that marries proprietary technology with unwavering commitment. Contact us today to take control of your career, or to partner with us to hire well.
Clarity Recruitment helps finance and accounting professionals find jobs they’ll thrive in.