When it comes to asking for a raise, most of us are unsure of what to do or how to do it. This is understandable – after all, it can feel daunting to ask for more money from our employer, especially when we don’t know if we’ll get what we want in return. But don’t worry – there are experts out there who can help you ease into the process and get the raise you deserve. In this article, we’ve rounded up eight of them and asked them how they go about asking for a raise. From preparing your case logically to making sure your employer knows you want more money, read on to find out everything you need to know in order to demand a raise that truly reflects your worth.
What Should You Do If You’re Unsure If You Deserve A Raise?
If you’re unsure if you deserve a raise, don’t worry. There are a few things you can do to determine if you’re entitled to one.
First, take a look at your salary relative to your peer group. If your salary is lower than the average for your position, it may be time for a raise. Additionally, consider how long you’ve been with your current employer and how much experience you have. Increases typically happen sooner for newer employees or those with more experience.
If your skills and abilities have not improved since your last pay increase, it’s likely that you don’t need one at this time. Another way to gauge whether or not you merit an increase is by asking yourself what would make your job easier and more enjoyable. Is there anything in the job that you find challenging or frustrating? If so, ask your boss how he or she could improve the work environment or specific tasks. If these changes are not possible right now but could be in the future, then it may be worth considering a pay bump sooner rather than later.
No matter which route you take to determining if you deserve a pay raise, always be respectful of your boss’ decision and refrain from making too many demands upfront. Let them know what improvements would make working here more enjoyable for both of you, and see how things progress from there.
Tips For Communicating Your reasoning For A Raise
If you are considering asking for a raise, here are a few tips to help make your case:
1. Do your research. Know what the market is paying and what your current salary is. This will give you a good starting point for negotiations.
2. Be prepared to offer more than the standard raise. If you want a raise that is significantly higher than the market average, be prepared to offer additional benefits, such as increased vacation time or signing an improved retirement package.
3. Be candid about your goals. Let your boss know why you believe a raise would be helpful for both of your careers and how it would benefit the company as a whole.
4. Stay positive and stay calm during negotiations. Avoid coming across as angry, desperate or arrogant; these qualities will only make things harder for you.
How To Negotiate A Raises Peanuts And Grape Nuts
There are a few key things to keep in mind when negotiating a salary increase. “What you’re asking for is important, but so is who you are as a person and what your value is,” says Crystal Thomas, founder of career coaching company The Value Society. Start by identifying your goals and defining what you would consider an acceptable raise. Then, research the market rate for similar positions and compare your salary to that number. Finally, be prepared to explain why you deserve a pay increase – both substantively and in terms of how it will impact your individual career trajectory.
When it comes to discussing salaries with your boss or manager, start by expressing gratitude for the opportunity to grow within the company. This can go a long way in establishing trust and confidence – two key ingredients in any successful negotiation. Next, list all of your accomplishments during the past year or so and highlight how those efforts have helped contribute to the organization’s success. And finally, lay out a specific plan for increasing your salary based on the growth you expect to experience over the coming year(s).
Be proactive when seeking raises – don’t wait until something goes wrong to initiate negotiations. Be sure to keep copies of all documentation related to your accomplishments (including any awards or accolades), as well as copies of any communication exchanges between yourself and management. This information can help bolster your argument if necessary – and may even persuade them to give you a higher salary than initially
Conclusion
Whether you’re a recent college graduate just starting your career, or an experienced professional seeking to increase your salary, asking for a raise can be nerve-wracking. But don’t worry – according to experts, there are several ways to go about it that won’t make you look like a pushover. By following these tips, you’ll be able to give yourself the best chance of getting what you deserve and improving your career prospects in the process.