That way, youll be ready to ask for the salary you deserve.
As you grow in your career, you become morevaluable to the workforce.
Will they perceive you as greedy?
Are you not as important to the company as you previously thought?
With so many concerns looming overhead, how do you properly ask for a raisewithout fumbling the opportunity?
Either that or you look for new work.
However, finding a new job will also require a conversation about money.
Theres no better time than now to learn how to properly ask for a raise.
Because you dont want to ruffle any feathers and miss yourchance to earn more money.
Or come off as out of touch for asking when the business is struggling.
So, when is the best time to ask for a raise?
But if you ask when profits are down, your employer is less likely to pay out.
Keep in mind youll need to prepare to sing your own praises to your employer.
Which can feel embarrassing.
But if theres ever been a time to humble brag, its now.
When you sit down to discuss compensation, dont hold back.
Let them know that youre an asset to the team.
When Your Role Changes
Sometimes yourroles at work change.
Oftentimes, new responsibilities trickle into your workload without any talk of additional compensation.
If youre working more, but your pay doesnt increase, then youre actually earning less than you were.
Maybe theres a hiring freeze, and suddenly youre taking on a larger workload.
Or youve been putting in longer hours to help out.
If additional responsibilities dont come hand in hand with a conversation about compensation, you oughta request one.
And you deserve to feel valued.
Dont let work pile up on your desk without anyone acknowledging your efforts.
So, gather up evidence of your hard work.
Then explain to your manager how much you do for your team.
If your current salary doesnt reflect your contributions to the company, its time to ask for a raise.
Or worse, are you unable to remember the last time you were offered better pay?
Then youre in a good position to ask for a raise.
Typically, companies offer employees regular incentives, or raises.
Talk to other co-workers, and find out if theyve ever asked for a raise.
No, its not actually tabooits in your mutual best interest.
Remember, a company loses money when they have to train new employees.
So, the longer employees stick around, the better it is for the company.
But, feel out your personal situation, as this can vary by field.
Prior to the meeting, you should prepare your pitch.
The increase could occur during your annual review, or throughout the year.
Then, you either get the conversation out of the way, and know your review will go well.
Or, you give your boss the opportunity to prepare an offer.
Ultimately, your performance review can be a great starting point for asking for a raise.
Dont show up to a salary discussion with only rave reviews.
Have you been saving the company money ever since taking over inventory?
Then, quantify that.
Show exactly how much youve saved, and how much you stand to save over time.
Are you bringing in more clients?
Or running successful advertising campaigns?
Well, its time you bring up your earnings.
And provide projections for other important projects in the future.
Not only that, but you need toshow salary data.
When you ask for a raise, remember to have a number in mind.
Do some research on inflation, and cost-of-living in your area.
There are many personal reasons to ask for a raise.
But if you dont know exactly what to ask for, you arent doing yourself any favors.
Odds are, your current employer hires based on competitors salary ranges.
Which means, similar jobs will be your basis for what your raise should be.
Conduct some salary research of your own to find out where you stand against the competition.
Salary websites are a great place to start when comparing salaries.
Once you gather your research, set up a short meeting with your manager.
Let them know you see yourself remaining with the company.
And give examples of future goals you have in mind so they know youre serious.
Then, bring up what youre making in comparison to others with the same job title in your area.
But dont settle for the bare minimum.
Instead, lean towards the high end of your desired salary range.
What this means is, ask for more money.
Dont be too persistent.
Negotiations are all about a healthy back and forth.
But you dont want to be off-putting.
So, quit once the salary figure theyre offering you is at or above that of similar positions.
Keep in mind that youre not simply talking to your employer.
Instead, youre having acareer altering conversation no pressure!
So, youll want to be sure of yourself, and your request.
Thelanguage you use is important.attempt to avoid sounding meek.
And speak with self-assurance when you talk about your achievements and goals.
While were on the subject of goals, be clear about what yours are.
Sure, no one can predict the future.
But as far as this meeting is concerned, youre in it for the long haul.
Because uncertainty in regards to your future with your employer is a fast track to not getting a raise.
Know what you want.
And if youre nervous about how you sound when asking for a raise, then try rehearsing your pitch.
Practice Asking for a Pay Raise
Are you worried about what to say when asking for a raise?
Then practice will help.
Before you make your request for a salary increase, practice what youre going to say.
Go ahead and write down what you might want to say.
Make a plan so you know when its the best time to ask.
And if you should probably wait in the meantime, theres no harm inbeing extra prepared.
Ask a friend to sit down with you and practice with them.
Have them critique your performance.
Listen carefully to their thoughts.
Because theyre here to help you.
If youd rather practice alone, you might write down what you plan to say.
Or you might record yourself asking for a raise.
When youre practicing, go ahead and plan your possible rejection.
That way, youll be able to prepare for that moment.
Asking for a raise with confidence requires you to be on your game from start to finish.
Dont blow future raises or your job security all over a bad attitude after a rejection.
Instead of a failure, think of it as a learning experience.
Take the good parts of your proposal and save them for next time.
Then take the not-so-good parts, and improve upon them.
How to Ask for a Raise Conversation Starters
Simple and straight to the point.
But the willingness to talk about your own performance will show initiative.
Along with showing initiative, this conversation starter shows interest in the longevity of your career.
And it shows that youre with your employers for the long haul.
And if thats the case, yo refer to our pro tips section below.
Instead of asking outright for more money, youre laying the framework for the intended discussion.
But be prepared to give examples of that feedback, and those new responsibilities.
Take the initiative to ask your boss if they can meet to talk about your salary.
Dont forget to gather evidence of your hard work.
Including exactly how that hard work helps the company.
But if you want to confidently ask for a raise, you have to shake off those concerns.
so that help orient your thought process, we have even more tips to keep you on track.
Plus, you spin up the risk of being taken advantage of.
Instead, offer examples of how much others with the same title are making.
And if you do have something lined up, dont tell your manager, or superiors.
Keep your movements on the downlow.
Or ask what you might do to improve your position at the company.
Professional organizations go through ups and downs.
Now may not be the best time for them, but dont give up just yet.
Thank Your Boss for Their Time
Professional courtesy goes a long way.
Dont forget to thank them for meeting with you.
Regardless of the outcome.
Brag About Your Accomplishments
Go ahead and boast about how great you are.
Whether its because of your skill set, or because of all youve accomplished the last few months.
Anything and everything positive youve done.
Of course, its always a nerve-wracking process.
Now you have the tools to know how to properly ask for a raise.
Your bank account will thank you.
