Do Your Research
Before you ask for a raise, take the time to research what other people in similar positions are making in your area or industry. This will give you an idea of what is considered fair pay and help you build confidence when presenting your argument.
Some good places to research salary rates are:
Make A Plan
Once you know what others with similar experience are making, you are ready to ask for a raise. Here’s how to ask for a raise when you are underpaid. Create a plan outlining why you believe that your performance merits an increase in salary or wages. Highlight any successes or achievements that demonstrate how much value you bring to the company and emphasize how this could benefit them if they decide to grant your request for higher pay.
Present Yourself Professionally
During the meeting to ask for a raise, remember to project yourself professionally by dressing appropriately , speaking confidently , maintaining eye contact throughout discussion (if comfortable) , showing gratitude towards those considering this request & remaining polite even if response isn’t favorable.
Negotiate Fairly
Be prepared to negotiate fairly as employers may suggest counter offers instead of immediately approving requests so try not getting discouraged if things don’t go exactly as planned & remain open minded during these conversations since both parties should come out feeling satisfied after all is said & done!
Here are some of the best ways to ask for a raise:
Do your research:
It’s important to have a good understanding of your value in the job market and what others in similar roles are earning. This will help you make a strong case for why you deserve a raise.
Make a list of your accomplishments:
Reflect on your contributions to the company and make a list of your accomplishments. This will help you demonstrate the value you bring to the organization and provide specific examples of why you deserve a raise.
Schedule a meeting with your manager:
Request a meeting with your manager to discuss your request for a raise. Make sure to give them advance notice so they have time to prepare.
Make a clear and concise case for a raise:
During the meeting, be clear and concise about why you deserve a raise. Present your accomplishments and the value you bring to the organization. Avoid being confrontational or making threats.
Be prepared to negotiate:
Your manager may not be able to grant your full request. Be prepared to negotiate and consider alternative options, such as additional responsibilities or non-monetary benefits.
Follow up: If your request is not granted immediately, follow up with your manager to discuss next steps and any potential timeline for reconsideration.
If you ask for a raise and don’t get it, there are a few things you can do:
- Clarify the decision: Ask your manager for feedback on why your ask for a raise was denied. This will help you understand their perspective and identify any areas for improvement.
- Consider alternative ways to increase your income: If a raise is not possible, you could ask for additional responsibilities or a promotion, or consider seeking additional income through freelance work or a side hustle.
- Negotiate for other benefits: You could also ask for other non-monetary benefits, such as additional vacation days or flexible work arrangements.
- Look for opportunities elsewhere: If you are not satisfied with the response to your request for a raise, you may want to consider looking for a new job where you can negotiate a higher salary from the outset.
- Stay positive and continue to perform well in your current role: While it can be disappointing not to receive a raise, it’s important to stay positive and continue to perform well in your current role. This will help you build a strong foundation for future raises or promotions
Finally, if you decide to resign, you can create a resignation letter that mentions compensation as one of the reasons you are resigning. This article should provide you a summary of how to properly ask for a raise.