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Digg It - How To Ask For A Raise: Do You Deserve A Pay Raise?
The question of how to ask for a raise is one that many people are unsure about answering.
You can’t simply ask for a raise because you need more money to support your lifestyle.
Before you determine how to ask for a raise, you need t
You can’t simply ask for a raise because you need more money to support your lifestyle.
Before you determine how to ask for a raise, you need t
According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product
o figure out if you deserve one.
Certainly, going to your boss and asking for a raise can be a subject that people are hesitant to do. Some people prefer to think that every year their boss will simply give them a pay raise without the
Certainly, going to your boss and asking for a raise can be a subject that people are hesitant to do. Some people prefer to think that every year their boss will simply give them a pay raise without the
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
having to ask for it and the problem will be solved.
This strategy doesn’t always work. If you don’t ask for a raise, your boss might assume you are happy with what you are earning. Afterall, if you weren’t happy you’d simply ask for
This strategy doesn’t always work. If you don’t ask for a raise, your boss might assume you are happy with what you are earning. Afterall, if you weren’t happy you’d simply ask for
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
raise, wouldn’t you?
The salary we earn is a personal issue and is one of those topics that many people don’t like discussing with other people, even their friends and in many cases, with their boss.
Nobody wants to be told that they
The salary we earn is a personal issue and is one of those topics that many people don’t like discussing with other people, even their friends and in many cases, with their boss.
Nobody wants to be told that they
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
are underpaid or that they earn less than their friends or their co-workers especially if they are doing the same job.
The compensation that a company pays a person is determined by a number of factors and typically they include the ex
The compensation that a company pays a person is determined by a number of factors and typically they include the ex
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
erience and skills that the person brings to the table as well as the supply and demand for each ie. how difficult is it to find a person with this experience and skills?
However, our ability to negotiate can also play an important fac
However, our ability to negotiate can also play an important fac
ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc
or in how much money we earn.
This includes the issue of how to ask for a raise.
The question of how to ask for a raise is best answered with a structured approach that has several steps and considerations:
This includes the issue of how to ask for a raise.
The question of how to ask for a raise is best answered with a structured approach that has several steps and considerations:
-
1. Document why y
easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi
u deserve a raise.
Make a list of all your recent accomplishments that lead you to believe you deserve a pay raise. Do your research and find out how much people doing your job with a similar level of experience and skills are gett
Make a list of all your recent accomplishments that lead you to believe you deserve a pay raise. Do your research and find out how much people doing your job with a similar level of experience and skills are gett
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
ng paid. You need to arm yourself with factual information that you will use when you meet with your boss to ask for a raise. How to ask for a raise is a question answered only after you have documented why you deserve one.
2. Deter
2. Deter
and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ
ine the amount of the raise that you should ask for.
Determine the amount of the raise you will ask for based on your experience, skills and recent accomplishments. You need to figure out a reasonable amount to ask for that is com
Determine the amount of the raise you will ask for based on your experience, skills and recent accomplishments. You need to figure out a reasonable amount to ask for that is com
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
ensurate with your experience and skills and your value to the company. Look for salary surveys that indicate how much your job typically pays in other companies. Also look on Internet job boards for similar jobs to yours to see what ot
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
her companies are offering in the way of salary. (Not only will you see what other companies are paying people like yourself, you might find a suitable job to apply for if you can’t get a raise!)
3. Determine the best time to ask fo
3. Determine the best time to ask fo
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
a raise.
Keep several things in mind when asking for a raise that relates to the timing of your request:
Is your company in a good financial position currently that can support giving you a pay raise?
Can you appr
Keep several things in mind when asking for a raise that relates to the timing of your request:
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
ach your boss at this time to ask for a raise or does he/she have other pressing issues that might hurt your chances for a pay raise presently?
Have you recently accomplished anything outstanding that gives you extra ammuniti
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
n to ask for a raise? Alternatively, have you underachieved in any areas recently that would hurt your chances?
When does your company normally offer a pay raise to employees? If company year-end is approaching and they typic
t?
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
lly offer pay raises at this time, you might wait until this time has passed before asking for a raise since you might be getting one anyways.
4. Keep it professional.
When you approach your boss to ask for a raise, remem
4. Keep it professional.
When you approach your boss to ask for a raise, remem
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
er to use the research you did earlier to justify why you deserve one. Don’t focus on your personal requirements for more money.
If you plan on approaching your boss to ask for a raise, you need to focus on why you deserve the
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
aise, not on why you need one. You expensive lifestyle is of no concern to your employer, but your value to them is.
The question of how to ask for a raise is answered by arming yourself with factual information. If you are denied a ra
The question of how to ask for a raise is answered by arming yourself with factual information. If you are denied a ra
.
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
se, consider the reason(s) given by your boss before figuring out what to do next.
If you truly feel you deserved a pay raise and don’t believe you will be getting one from your current employer any time soon, your next step might be t
If you truly feel you deserved a pay raise and don’t believe you will be getting one from your current employer any time soon, your next step might be t
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
look for a new job.
Looking for a new job simply for monetary reasons is never ideal but at the end of the day, you will need to decide if you are undervalued by your employer and if you feel there are better options for you elsewhere
Looking for a new job simply for monetary reasons is never ideal but at the end of the day, you will need to decide if you are undervalued by your employer and if you feel there are better options for you elsewhere
tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
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