If you believe you deserve a raise you shouldn’t be afraid to ask your employer for one.
Whether it’s been a long time since you’ve had a raise, your position has changed and you salary did not, or any other reason you believe you should get a raise, you need to know the proper way to request a pay raise.
Proper Way to Ask for a Raise
Before you rush into your boss’s office demanding a raise, only to be denied, you’ll want to read through these tips for some great advice.
1. Take the Financial Pulse of Your Employer
Even if you deserve a raise, if your employer’s financial health isn’t great now might not be the time to ask for a raise.
Recent economic downturns have seen many face wage freezes and worse layoffs. Don’t base your decision on the financial pulse of your employer through gossip. Look at public financial records.
2. Determine the Pay Scale of Others in your Field
Before asking for a raise, get your facts straight. Find out what others in your field are earning.
The quickest way to do this is by looking at online salary surveys. If you are a member of a professional association or trade union, they’ll be able to provide you with this information.
3. Determine What You Can Earn
You can find all kinds of salary calculators online, as well as a wide range of surveys by industry and position. You’ll have to figure out where you fit in this scale based on your experiences, years of employment with current employer, and job title.
4. Put Together Your Case
Don’t just go up to your boss and tell him you want a raise. Have your case built, sell yourself, and list all your accomplishments and skills to your employer.
Then take the time to show what an asset you are and what you save the company because of your productivity
5. Decide How You Will Handle a Turn Down
While it would be nice to think that all you had to do is ask and your boss would agree to your raise, that’s not always the case.
You’ll need to have decided in advance what action you will take if your raise is refused. Will you continue working just as you have, will you quit your job immediately, or will you begin to look for other employment that has more to offer you?
6. It’s Time to Make That Appointment
Your boss is busy.
The best way to get his/her undivided attention is to set up an appointment so there are no interruptions. Approach the topic openly and in a manner that presents you in the best light. Remember if your boss likes you, respects you, and believes that are valuable to the company your chances of getting that rise go up significantly.
Asking for a raise can be terrifying. After all, you have no idea how your boss will respond. Besides broaching the subject of money can be a little bit intimidating. Just put your best foot forward.
“The harder I work the more I live,”
(George Bernard Shaw)