You’ve crafted a career in medical coding alright. But has your request for a salary hike turned down again? You may feel you have worked hard enough at your medical coding job to seek a pay hike, but the raise has eluded you. Reason: You may have not asked for the hike properly.
But if you learn the tricks on ways to ask for a raise from your employer, a bigger pay check may knock on you. Here are a few tips that will help you in getting your much-cherished pay hike:
The first step is to do a thorough research, say for instance on how much a coder or biller in similar position earns. You can start your search by going through the recent AAPC salary survey. Also, don’t forget to account for geographical differences and other factors that affect salary like certification, health care setting or specialty. That apart, you should find out if your company is financially able to provide its employees with pay hikes.
Secondly, you will have to access your worth as an employee. For instance, have you been working on your company long enough? You will need to find out what skills you have as a worker and ask yourself if you have made yourself indispensible to your company. One thing you can do here is to go through your old reviews or recall past advice sessions with your boss; have you met all the improvement goals your boss expects?
Thirdly, before you enter your boss’ office, see to it that your facts are valid. If you came to know that a coder in similar position as you earns Y dollars annually, see to it that you can back up your data. You wouldn’t want your boss to close your case owing to false information.
Finally go and make the move. If you are through with your research and validated its credibility, you need to decide how to ask for the hike. You can do it directly or indirectly, whichever suits you better. So get going!
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