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Speaker 1: I'm on annual leave at the moment, and so is

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Speaker 1: Producer X. But we are coming to you with some

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Speaker 1: of our best of moments in twenty twenty five.

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Speaker 2: To get us through this holiday period.

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Speaker 1: We've had so many dms asking us to cover topics

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Speaker 1: that we have already made episodes on, and so we've

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Speaker 1: decided to replay a couple you have requested and also

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Speaker 1: some of our personal faves.

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Speaker 2: I think that's one of the hard things.

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Speaker 1: With doing a podcast on so many topics is we'll

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Speaker 1: cover a really good topic, but then it might be

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Speaker 1: like a year old, you know what I mean.

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Speaker 2: So I feel like us coming out.

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Speaker 1: With some of these best of episodes over the holidays

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Speaker 1: is perfect for us to kind of show our or

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Speaker 1: not show, but put out into the world our favorite

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Speaker 1: episodes and also the episodes that everyone's asking for.

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Speaker 2: In terms of topics.

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Speaker 1: Heading into twenty twenty six and the new year, some

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Speaker 1: of you may be thinking, I feel like it's time

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Speaker 1: for a pay rise, but maybe you're not sure how

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Speaker 1: to go about it.

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Speaker 2: It can always be awkward. I get it well. Back

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Speaker 2: in I think twenty twenty.

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Speaker 1: Four, I had an episode go out into the world

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Speaker 1: all about asking for a pay rise, and I gave

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Speaker 1: you my advice, and even producer X had some great

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Speaker 1: advice as well.

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Speaker 2: Who would have thought.

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Speaker 1: So take a listen and remember you can dm us

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Speaker 1: on the Big Business Instagram if you have any follow

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Speaker 1: up questions to this episode.

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Speaker 2: Enjoy.

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Speaker 3: This question is from Katie. Hey, Brittany, I hope your

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Speaker 3: Monday was fab. I'm making my way through your podcast.

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Speaker 3: Not sure if you've covered this yet, but I just

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Speaker 3: thought i'd ask. I would love to know, as a

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Speaker 3: business owner, what is the best way for an employee

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Speaker 3: to approach a pay rise. My bosses are amazing and

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Speaker 3: they treat us so well. We all love working there,

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Speaker 3: so I feel rude asking for a pay rise, but

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Speaker 3: with the cost of my life, it is needed and

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Speaker 3: I'm dreading it much.

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Speaker 2: Love well, Katie, thank you so much for sending this through.

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Speaker 1: And my first thought to that is, don't be scared

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Speaker 1: to ask for a pay rise.

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Speaker 3: Now.

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Speaker 1: I'm no professional when it comes to this. I will

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Speaker 1: absolutely give you my advice. But I also did see

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Speaker 1: something pop up on Instagram Victoria Divine from She's on

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Speaker 1: the Money. I believe she has done a lot of

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Speaker 1: content surrounding this, like asking for pay rises in a

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Speaker 1: more probably financially.

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Speaker 2: Literate kind of way.

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Speaker 1: So feel fay to check out her content as well,

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Speaker 1: because I know she's spoken about this a lot, but

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Speaker 1: I can obviously give you my thoughts and answers to.

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Speaker 1: My first thought is, don't be too scared. It is

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Speaker 1: one of those tough and awkward things. I think it

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Speaker 1: is always awkward to talk about money, and I think

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Speaker 1: especially females struggle to talk about money, like I guess

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Speaker 1: the fact that women didn't work not that long ago.

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Speaker 2: What are you finding not in your head like that, Zander.

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Speaker 3: No, It is an interesting thing to think about, because

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Speaker 3: employees have every right to ask for a pay rise

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Speaker 3: if they feel like it, if they feel like they've

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Speaker 3: put in the work, if they feel like they've reached

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Speaker 3: a point in their career where they think it's time

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Speaker 3: for the pay rise, they are entitled to that. Asking

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Speaker 3: for a pay raise for absolutely no reason and anything

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Speaker 3: behind it wouldn't recommend it, But things like cost of

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Speaker 3: living and things like inflation, those things do matter. Employers

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Speaker 3: should reflect that in how they're paying you when those

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Speaker 3: things happen. But on top of that, if you're doing

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Speaker 3: such amazing work within your company. Yes, bring them that information.

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Speaker 3: Say this is X, Y and Z why I think

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Speaker 3: I deserve this pay rise, and none of us should

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Speaker 3: be scared.

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Speaker 1: Like I always say, Katie, you've got to have a

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Speaker 1: tough conversation to have an easy life. I always say,

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Speaker 1: hard conversations easy life. Easy conversations hard life. I always

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Speaker 1: say that, and I'm talking to business owners. But you

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Speaker 1: can apply that same saying to your life. If you

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Speaker 1: avoid having this hard conversation by you know, not asking

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Speaker 1: your bosses for a pay rise, then your life is

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Speaker 1: going to become a little more difficult because you need

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Speaker 1: that extra money. So my first piece of advice is,

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Speaker 1: don't be scared to have the conversation. The second piece

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Speaker 1: of advice is write everything down before you're going to

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Speaker 1: go and ask your boss to.

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Speaker 2: Have a meeting. Write everything down. Write all the details

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Speaker 2: of your employment.

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Speaker 1: I obviously don't know what job you're doing, but write

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Speaker 1: down all the details of your employment.

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Speaker 2: How long have you been.

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Speaker 1: Working there, what have been some of your greatest achievements there?

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Speaker 1: Where do you see yourself going in the future, especially

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Speaker 1: if you're wanting to stay within this company, you could

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Speaker 1: maybe write down some of your future ideas for the company.

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Speaker 1: Do you see yourself progressing into a different area of

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Speaker 1: the business, or growing further in the role that you're in,

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Speaker 1: or stepping into more of a management role. Like I

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Speaker 1: obviously don't know all the infos, so I can't help

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Speaker 1: you exactly there. But write everything down. Write all of

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Speaker 1: your achievements down. Write the successes that you've brought the company,

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Speaker 1: little or small, it doesn't matter how big or small

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Speaker 1: they are, I think. Just write them all down and

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Speaker 1: come up with a plan, and go to your boss

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Speaker 1: and say, I'd love to have a meeting with you.

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Speaker 1: I know, I can only imagine how awkward it would

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Speaker 1: feel for employees.

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Speaker 3: Say that, though, Yeah, you can say to your employer,

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Speaker 3: this is an awkward conversation around, a bit nervous, but yeah,

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Speaker 3: you know, be upfront with you.

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Speaker 1: And you've said in your message as well that your

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Speaker 1: bosses are awesome people and you love working there, so

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Speaker 1: I'm sure they are open to having these conversations with you,

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Speaker 1: and you can approach it on a human level, which

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Speaker 1: is how I like to approach running my business and

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Speaker 1: speak to them on that human level. Just go, hey,

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Speaker 1: I've put together some stuff I'm going to run you

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Speaker 1: through it. And this is really awkward for me to say.

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Speaker 2: I know it feels.

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Speaker 1: Uncomfortable, but I would like to request a pay rise,

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Speaker 1: and here are all the reasons why I think you

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Speaker 1: should give me one.

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Speaker 3: Don't just put in like the things you've achieved, put

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Speaker 3: in the value that you can continue to add, because

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Speaker 3: that's a big motivation for people to continue investing in you.

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Speaker 1: Absolutely give it all to them, give them all the information,

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Speaker 1: any goals that you have why you think this would

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Speaker 1: be great. You can tell them like, this is going

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Speaker 1: to benefit my life, like I'm falling behind on paying

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Speaker 1: my bills or whatever it may be. But then and

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Speaker 1: also how it's going to benefit you in your role.

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Speaker 1: It's going to make you feel more motivated. It's going

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Speaker 1: to push you to go further and achieve more. Spill

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Speaker 1: it all out to them and just put it on

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Speaker 1: the table and see what they can come back with.

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Speaker 1: You will have to understand that a business can't really

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Speaker 1: give you a pay rise on the spot. And there

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Speaker 1: might be a bit of in the conversation like fantastic,

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Speaker 1: this is great, like leave it with us. This is

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Speaker 1: something that then on their end, you know they're going

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Speaker 1: to have to go away and kind of look at

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Speaker 1: can we do this? Is it feasible? What can the

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Speaker 1: pay rise be? Even in your meeting with them, let

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Speaker 1: them know what you want to be paid.

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Speaker 2: What is it?

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Speaker 1: Is it you know how much of an increase is

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Speaker 1: the pay? They will most likely want to go away

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Speaker 1: and discuss it. Hell, they might even be like, yep, done,

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Speaker 1: Like I can't speak on behalf of your boss.

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Speaker 3: Always a little bit higher. Yeah, just say say if

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Speaker 3: you want to two and a half k pay rise,

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Speaker 3: just say five, and then you might get the two

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Speaker 3: and a half k Xander.

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Speaker 2: But I'm going to have fate employees lining up out

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Speaker 2: the door or after putting this episode and I didn't

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Speaker 2: say that.

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Speaker 1: Yeah, like put the offer on the table, let them

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Speaker 1: think about it if they need to, and just approach

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Speaker 1: it in the most human kind way possible. It's always

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Speaker 1: awkward for everyone, But what's the worst that's going to happen.

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Speaker 1: They're the worst thing that's going to happen is they're

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Speaker 1: going to say no, like we don't have the finances

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Speaker 1: to do this or we don't want to do this

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Speaker 1: at this point. The really tricky thing from a business standpoint,

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Speaker 1: more so from I guess from my perspective is if

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Speaker 1: you've got one employee asking for a pay rise depending

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Speaker 1: on what their role is, Like the way our company

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Speaker 1: structured is everyone's pay rates are based off everyone else's. Okay,

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Speaker 1: so the people over here are on this, and then

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Speaker 1: if they're up there, they're on that, and if they're

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Speaker 1: here they're on that. So then also by one person

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Speaker 1: asking for a pay rise, you may then have to

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Speaker 1: restructure the way that you're paying everyone else.

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Speaker 3: There is that difficult balance because I've worked in places

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Speaker 3: where they've openly said that everyone who is in this

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Speaker 3: role is paid the same, Yes, but then also how

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Speaker 3: do you manage when other employees in that same role

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Speaker 3: putting different amounts of effort or their add.

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Speaker 2: In different amount of coat when it can get really tricky.

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Speaker 3: Also, there's a modern day trend now where people are

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Speaker 3: encouraging each other to have very open and transparent conversations

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Speaker 3: about pay because there have been that.

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Speaker 2: There's times where people.

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Speaker 1: Are getting yeah, paid completely different but doing the exact

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Speaker 1: same role.

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Speaker 2: So it's really tough, Yeah, it is.

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Speaker 1: And I know a lot of workplaces have had rules

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Speaker 1: where employees are not allowed to discuss pay, like I

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Speaker 1: know people have signed contracts, but that's illegal. Companies can't

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Speaker 1: tell you you can't discuss your pay with your coworkers

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Speaker 1: because things like that have happened where let's say five

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Speaker 1: people are doing the same job, exactly the same job,

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Speaker 1: every single day, but one of them is getting paid twenty.

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Speaker 2: Grand a year more.

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Speaker 3: It's not an MDA.

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Speaker 1: Sometimes if someone's asking for a pay rise, you then

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Speaker 1: will have to look at everyone else in the company

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Speaker 1: or people around you, because as for me, like we

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Speaker 1: want it to be as fair as possible. Some people

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Speaker 1: don't care for it to be fair. But for us,

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Speaker 1: like the way everyone's paid, it's kind of all balances

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Speaker 1: out and everyone's getting paid fairly in their kind of area.

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Speaker 1: So that's another thing to keep in mind. If someone

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Speaker 1: was to come to me and say, oh, I want

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Speaker 1: to pay rise, I'm all right, cool, leave it with me,

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Speaker 1: let me go and look, because then I'm going to

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Speaker 1: go look at everyone else's pay, you know, and make

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Speaker 1: sure it's fair across the board, and not just sure

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Speaker 1: you can have it, because then I have to think

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Speaker 1: of everyone else as well.

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Speaker 2: So it's something else to keep in mind.

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Speaker 1: But yeah, I guess, I guess that's my advice and

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Speaker 1: for all of you business owners out there, I've only

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Speaker 1: ever had one person ask me for a pay rise

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Speaker 1: in the history of Fate, and it was in the

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Speaker 1: very early days of Fate and this person asked me

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Speaker 1: via text. Yeah, that person doesn't work with me anymore.

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Speaker 1: That's the only time I have ever had someone ask

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Speaker 1: me for a pay rise. And the reason for that

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Speaker 1: is it's my responsibility as a business owner to beat

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Speaker 1: them to it.

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Speaker 2: I beat my staff to the pay rise.

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Speaker 1: They don't ever have to ask me because I will

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Speaker 1: put their pay up without them even having to ask me.

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Speaker 1: And that's Katie. I would hope that your boss, you know,

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Speaker 1: you say they're amazing and you love working there. I

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Speaker 1: hope that they're recognizing that in their day to day

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Speaker 1: life and rewarding you for that. I'm not saying that

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Speaker 1: they need to be putting up your pay every three

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Speaker 1: months or whatever, but I do think that's the responsibility

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Speaker 1: of the business owner is to be able to see

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Speaker 1: their staff working so hard and doing an amazing job

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Speaker 1: and rewarding them for that, whether it's bonuses or an

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Speaker 1: extra day off.

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Speaker 3: But you pay them not pizza lunches.

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Speaker 1: Hey, we love a pizza lunch at fake that's not

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Speaker 1: all they get. That's every now and then, little fun treat.

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Speaker 1: But you know, it's on the business owner's side to

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Speaker 1: be ahead of that because staff do feel awkward about

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Speaker 1: asking for pay rises. So that's my job to recognize

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Speaker 1: this person is due for a pay rise, and then

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Speaker 1: when we're having their review, or if I just pull

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Speaker 1: them aside randomly and say, hey, we have looked at

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Speaker 1: everything that you have been doing, I'm giving you a

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Speaker 1: pay rise. That's what we do at FATE and that's

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Speaker 1: why I've only ever had one person ask me for

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Speaker 1: a pay rise, and that was years and years and

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Speaker 1: years ago, because I fucking beat them to it.

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Speaker 2: Katie, thank you so much for sending this through.

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Speaker 1: We were going to answer lots of questions in this episode,

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Speaker 1: but I feel like this has taken up the whole

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Speaker 1: Bonus episode. But Katie, absolutely go for it. Back yourself,

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Speaker 1: write everything down, be confident. And you've said that your

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Speaker 1: bosses are awesome, so I think they're only going to

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Speaker 1: be hopefully willing to meet you where you are and

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Speaker 1: give you that pay rise. And by the way, let

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Speaker 1: us know how you go. Send us a follow up

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Speaker 1: to him and let me know and then I can

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Speaker 1: announce to everyone if you've got the pay rise.

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Speaker 3: Also, anyone tell us your methods as well, Like, I'd

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Speaker 3: love to hear how other people approach these types of conversations.

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Speaker 2: For sure, and.

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Speaker 1: It can be awkward, but trust me, I say it

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Speaker 1: all the time. Hard conversation, easy life,