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How to Ask for a Raise |
| Written by Cindy M | ||||||||
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Intro: Do you deserve a higher salary? Learn how to decide if you deserve the raise and how to ask for the raise. Follow these steps to ask your own boss for the raise you’ve been waiting for.
Step 1: Determine if you are making more than average for a career in your specific field or below average. Salary websites, such as salary.com, can help determine what the average amount someone in your field is making.
Step 2: Now that you have found a range of pay, determine where you are in that range. Are you at the lower, middle, or higher range? If it says someone in your field makes 50,000 to 60,000, are you making 50k, 55k, or 60k? Figure out how many years you have been working there and how much experience you have. If you are very experienced and have been with the company a long time then you should definitely be on the high end of that pay range if not a higher.
Step 3: Determine if your company’s sales are increasing or decreasing. If your company is going through financial hardship, you should not ask for a raise. If your company has increasing sales year after year, you should definitely take advantage of this opportunity by asking for a raise.
Step 4: Prepare an argument. If you ask your boss for a raise, he will probably know right away if he is going to give you one or not, but you still are going to have to answer the question “why do you think you deserve a raise?” Go through all of your contributions and loyalty to the company.
Step 5: Set up a time to meet with your boss. This should be a formal meeting to show him how serious you are about your raise. It should be in person and at a time when you can have your boss’s full attention.
Step 6: Present your case to your boss. You should know exactly what you are going to say. He may give you a raise automatically or he may have a long list of questions for you.
Tips: Show your boss some of your ideas for the future and where you see yourself within the company 10 years from now.
Warnings: Your boss may turn you down. If he does, thank him for his time and let him know that you will be asking again a little while down the road.
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... It's important to keep track of inflation while benchmarking your salary against industry standards to make sure you know when it's time for a raise. |
tracysmith159
said:
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... Good article. I should look what the average pay for my job is. It will be very helpful to know. |
