It is always difficult to know when and how to ask for a raise. In times like these, it seems like money is at the forefront of all of our minds, and for good reason. When you have been doing the same job for a long time, or have recently been moved up in the ladder in your career, then there will come a point when you will feel that you quite rightly deserve a raise in your salary. Money is never the easiest thing to talk about with people, but when it comes to asking your boss for a raise, you need know exactly how to go about it to achieve the result you are hoping for. If you don’t go in there with a plan, you can get flustered. Here are some tips for how to ask for a raise!
1. Do Your Research
You have to go in to that meeting with as much knowledge as you possibly can. Do your research and find out what type of salary your role is being offered at other companies, or even at your own company for your colleagues. There are plenty of online resources that will help you to get a good understanding and comparison of what your job is being paid elsewhere.
2. Know Your Value
Come to the discussion armed with a list of all of the things that you feel make you are valuable asset to the company. Make them see, point by point, exactly why you deserve the raise. You can’t expect to be granted it just for asking. You have to come with the receipts that prove you are a suitable candidate for the type of pay rise that you are requesting.
3. Choose Your Words
Getting a raise can be just as much about the way you ask as how deserving you actually are. It is important to choose your words carefully when addressing your bosses. Present your case in a clear and concise manner without letting to much emotion come in to it. Don’t compare yourself to others around the office because that can be seen as unprofessional. You should be able to show the worth that you bring on your own rather than your worth over others.
4. Give a Range
You will be much more likely to be granted a raise if you approach them with a range in mind rather than a specific number. Women always tend to be conservative when asked what they feel they deserve, so if you say ‘between 25k and 30k” rather than “26k”, you might find that you end up with an increased salary much bigger than the one you hoped for!
5. Don’t Stop There!
Don’t feel that just because you asked for and were granted a raise a few years ago, you aren’t in the position to go back and ask again. Circumstances changes and the importance of an employee can change, so you should always be considering whether your current salary is reflective of your position within the company.