Ask Lighthouse: Promotion without a Raise? What to Do When Money is an Issue

Ask Lighthouse: Promotion without a Raise? What to Do When Money is an Issue

What do you do when one of your team members is feeling undercompensated but giving them a pay increase is out of your hands? Can you give someone a promotion without a raise and how should you do that? Welcome to the 9th edition of “Ask Lighthouse”, our weekly format that answers your questions about leadership and management

This Week’s Ask Lighthouse: What to do when someone feels undercompensated

When someone on your team asks for a raise, knowing how to react can be a big challenge.

Grow them and give them new projects to work on

Focus on providing them with every form of career growth you can

Be more transparent

When an organization is transparent with their employees, they tend to be more successful in several areas

What should I do if a team member shares that they are feeling under-appreciated from a compensation perspective?

As their manager, you don’t have the direct power to provide a raise

What are your biggest leadership challenges right now?

Submit your biggest challenge to leadership@lighthouse.com

Get to the root cause and find out what’s really bothering them

Ask them: What’s your least favorite part about your job right now? What’s one thing we could do to improve how our team works?

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