MONEY! Do I have your attention now? Great. We all wouldn’t mind making a little more, right? It can be difficult to know when and how to ask for a pay raise. Asking for a pay raise in a respectful and timely manner is key to getting the wage you want. Here’s how to do it the right way!
When to Ask for a Raise
Knowing what time is appropriate to ask for a pay raise is key to having a successful conversation about your wage. Consider your anniversary date. It is generally appropriate to ask for a raise yearly. A few more things to consider:
- Have you taken on more responsibility lately?
- Have you recently reached a milestone in your job? (e.g., a certain number of sales made)
- Do you have a performance review coming up?
The above reasons (and more) can be GREAT reasons to request a raise from your employer.
How Much to Ask for
Do your research! Websites like Glassdoor can help you get a reasonable idea of what someone can expect to make in your position, sometimes even at your specific company! Be sure to research your particular experience level, location, and job title. Use this information to create reasonable expectations for what you can ask your employer. Don’t undersell yourself, but also don’t ask for too high of a pay raise. A too high request will be shot down immediately, but one within reason will be considered, especially if you advocate for yourself well.
How to Ask for a Pay Raise
You know what Aretha Franklin said: R.E.S.P.E.C.T. Enter the meeting with your manager/boss with humility. While it is important to advocate for yourself when you deserve a raise, it is also crucial to recognize that you are not guaranteed this raise. Give your employer concrete reasons why you think you deserve the raise you are asking for. Give tangible numbers of goals you have met and work you have completed.
Asking for a pay raise is intimidating. Go forth with confidence and be humble and flexible in your meeting. Your employer will appreciate your boldness in asking and your humanity in humility. You got this!