Although it doesn’t feel like it, asking for a raise is a very normal part of having a job! It’s very normal to feel anxious about going in and asking for more money, but if you avoid it out of discomfort, you could be missing out on a significant amount of money. Don’t worry about feeling greedy or entitled, we’re here to help you ask for a raise and get it!
Do your research
There’s plenty of resources online to help you find out what the average salary is for someone in your industry and position. You can use those as a base to ask for a raise to bring your current salary in line with industry average. Make sure you also check out your company’s salary structure to see if it’s a raise or a promotion you’ll be asking for.
Be smart with your timing
Don’t just walk into your manager’s office and demand a raise – most workplaces do a six-monthly and annual performance review. Typically, performance review periods are the best time to ask for one. If you workplace doesn’t have a performance review period, be emotionally intelligent and find the right time to set a meeting to discuss, like if your boss has been particularly pleased with you lately or you just pulled off a massive project.
Think about how long it’s been since your salary was set
If you’ve been doing excellent work consistently for a period of time, have a think about when you started and if your salary has changed since then. Sometimes companies will visit your salary annually but if you’ve been pulling off amazing work for over a year, it might be worthwhile bringing up the conversation.
Draw attention to your achievements
Don’t go into your meeting empty handed. Write up a business case that highlights the achievements and successes you’ve had while working for your company and how you add value. Don’t launch into how big of a raise you want straight away, list out what you’ve done and align them with your company’s values or mission.
Have other options
Don’t give your manager an ultimatum unless you’re willing to potentially leave your job, but you need to be prepared for them to say no. Generally, you should always ask for a little bit more than what you want, as they’ll more than likely drop it down and meet you in the middle – but be prepared to negotiate! If a raise isn’t on the cards, maybe you can swing an extra day working from home, extra training and development or a new work phone/laptop.
The most important thing to remember is that it’s perfectly okay to ask for a raise! A raise in salary is your workplace recognising your achievements and contributions to their goals. You’re not going to damage your relationship with your manager (unless they’re absolutely crazy) from asking to revisit your salary expectations.