At some point in life, many people will find themselves thinking they deserve a pay raise at work. This can be because you think you’ve outworked your original salary, or it can be because the business has grown to the point that it can afford an increase in salary. Whatever the reason, salary increase requests are not to be taken lightly. Approached wrongly, you won’t get the raise and it can lead to a deterioration in the relationship between you and your boss.
Talking to your boss about a raise can be difficult and nerve-wracking approaching your boss for a salary increase, so what exactly is the best way to ask for a raise? In this article we’ll talk about best way to ask for a salary raise and give you some tips that might make it easier and maximize your chances!
Before you do anything else, you need to prepare. Think about the situation from your boss’ perspective. Ask yourself: “if I was my boss, what would make me want to increase my salary?” Chances are that your boss will be open to a well thought out and well researched presentation.
So for starters, catalogue everything you’ve done for the company. This could be money that you’ve saved through changes in a process or by saving materials. Maybe you saved money on shipping costs by using recycled boxes instead of buying new ones. Make a list of all the positives you’ve brought to the business so that when your boss asks you why you deserve a raise, you can point to this list.
2. List out Your Accomplishments
Make a list of anything you’re currently doing for the business that wasn’t in the job description you were hired for. Many people get hired to do Job A and ending up doing Jobs B and C in addition to Job A. If you can legitimately claim to be doing more work than you originally agreed to do, your boss will be much more likely to raise your salary.
3. Research Market Salaries
Research the salary rates for similar positions to yours at different companies across the market. It’s possible that a company in the same town or state pays people 5-10% more than you’re getting paid to do the exact same job. If you can present this information to your boss, he/she will be more likely to agree to a raise.
When it comes time to talk to your boss, be sure to communicate clearly and precisely the exact raise that you’re requesting. A vague request for a salary increase will show that you haven’t put thought into it. On top of that, it will give your boss the opening to low-ball you and offer a raise below what you might think you deserve.
Providing your boss with a precise number you’d like him or her to meet, on the other hand, shows that you’ve researched the situation and are genuine in your belief that you’re worth more than you’re currently getting paid. Beyond that, this demonstrates exactly the qualities that companies look for in employees.
4. Plan Ahead
Once you’ve done all the work and research above, it’s time to take the plunge and talk to your boss. Make sure you pick the right time. Try to plan ahead to a time that your boss will be in a good mood and receptive to being asked for a raise. For example, your boss will be much more likely to respond to a request for a raise on the Friday before he/she goes on vacation than on a Monday after a snowstorm. You should schedule a day and time to talk if possible so that your boss won’t be taken off guard or surprised by the conversation.
5. Be Polite
As the saying goes, in a world where you can be anything, be kind. No one likes rude people, and being anything but polite when asking for a raise is the easiest way to sabotage your chances. You may not get a raise just by being polite, but it certainly won’t hurt. And the next time your boss has to make a decision involving you, he/she will remember how polite you were. In general, being polite at work should be a standard practice that you observe every day. Even if you think you are indispensable, be polite.
6. Be Clear and Confident
Being clear and confident will convey several things. To start, it will show that you genuinely think you deserve a raise. If you are nervous and insecure when you ask for a salary increase, your boss might think you’re faking it and will be less likely to grant your request for a raise.
In addition, confidence in itself is a quality that businesses look for in employees. If you approach a discussion like this with anxiety and insecurity, all you’re doing is showing your boss that you’re not worth the salary increase you’re requesting. As with being polite, confidence alone will not get you a raise, but the next time your boss is able to grant a raise, or even perhaps a promotion, he/she will remember how confident you were and will reward it.
7. Don’t Make Things Personal
Making a salary increase request personal is a bad idea. It has the potential to make your boss uncomfortable, and people do not respond positively to situations that make them uncomfortable. In addition, making a salary negotiation personal might come across as desperate, and your boss may conclude that you need the money not because you deserve it, but because of non-professional reasons.
In conclusion, salary increase requests are very common in the business world. There is nothing to be nervous or embarrassed about, as long as you’ve done your research and prepared. Doing everything discussed above will greatly increase your chances. You still might not get a raise, but your boss will understand your perspective and be impressed by your diligence.