How to Ask for a Salary Raise

Scheduling a meeting with your boss in advance demonstrates respect for their time; this is preferable to unexpectedly knocking on their door. If your employer is busy on a particular day of the week, remove that day from your schedule.

Once the meeting has been planned, your preparation should resemble a college research paper. Obtain credible information and address the following issues during your compensation negotiation.

The most straightforward strategy to request a raise is to conduct research and understand your value, then professionally approach your supervisor. Here are five ideas on how to properly request a raise.

Guidelines for requesting a raise

1. List your accomplishments from the past six months, years, and time with the organization.

Describe the beneficial impact your successes have had on your department and the firm, and offer numbers and statistics if possible. For instance, you may state, "I generated 5,000 leads for the company last year, an 8% increase over the previous year. This resulted in the new business of $58,000."

It is difficult for any management to deny a request when provided with such numbers. The stronger your evidence, the stronger your argument for a well-deserved rise.

Providing evidence of the job you have completed for the organization and your efforts to assist it further displays that you are a dedicated employee. Employers' faith in loyal employees will be beneficial to your case.

2. Know what competitive compensation for your position looks like.

On sites such as Salary.com and PayScale, you may obtain a free compensation report to examine how your current salary compares to other positions with similar responsibilities. LinkedIn is also an excellent resource for this. You can either peruse the site's job postings or utilize LinkedIn's average salary ranges given on job postings. Consider your sector, the size of your employer, and your perks. Some organizations do not pay competitively, so it is advisable to contact hiring specialists whenever feasible. If you have connections with local recruiters and hiring managers (perhaps through LinkedIn), ask them to review your resume and offer you a reasonable wage expectation for your job and experience.

3. Tell your boss what is in it for them or her.

Remember that your supervisor is uninterested in your house payments or desired vacation. Your manager is concerned with what is in it for them. You have previously explained what you have done for the organization, but you would also like to describe your future goals. Present them with your objectives, how they will benefit the organization, and how you will achieve them.

4. Be confident.

Be assured when requesting a raise. Yes, it is daunting, but you have proof to support your request: the grounds you stated for your request and your study into comparable salary ranges. Expect some resistance and recognize that the answer could be no. If the raise is granted, be prepared to continue working diligently (or harder). You knew you deserved a raise; now prove it to your employer.

5. Please submit your request in writing.

Your manager likely has a superior with whom they will need to discuss your compensation or salary increase request. Provide a handout highlighting your request, comparable wage ranges, and the company's benefits as a result of your efforts.

Bottom Line

Requesting a raise might be unpleasant and awkward, but you have nothing to lose by making the request.