Asking for a raise is one of the most important career conversations you will have. Here is exactly how to prepare and what to say.
Research salaries for your role using BestPayingJobs.net. Know the market rate for your position, experience, and location.
Keep a running list of accomplishments throughout the year. Quantify results with numbers, percentages, and revenue impact.
Ask after a major success, during performance reviews, or when taking on additional responsibilities. Avoid company downturns.
Write a clear summary of your value proposition. Practice with a friend. Anticipate objections and prepare responses.
Request a meeting in person or via video call. Email can set the stage but salary conversations are best done face to face.
State a clear number based on market research. 'I am requesting an increase to X based on my contributions and market data.'
Be prepared for counteroffers. Consider total compensation including bonuses, benefits, and flexibility.
If your manager needs time to decide, set a follow-up date. Send a thank you note after the conversation.
Ask what you need to achieve for a future raise. Set clear goals and a timeline for revisiting the conversation.
If your value is consistently not recognized, it may be time to explore opportunities elsewhere.