8 Managers Share The Best Way To Ask For A Raise (And Get It) - Deepstash
8 Managers Share The Best Way To Ask For A Raise (And Get It)

8 Managers Share The Best Way To Ask For A Raise (And Get It)

Curated from: forbes.com

Ideas, facts & insights covering these topics:

8 ideas

·

13.3K reads

38

Explore the World's Best Ideas

Join today and uncover 100+ curated journeys from 50+ topics. Unlock access to our mobile app with extensive features.

Take on more responsibility

Command the tasks and responsibilities in your current role, then start solving the problems that your soon-to-be self would be working on.
The only way to effectively do this is through careful time management. Understand the core strategy of your organization, ask lots of hard questions and align your priorities with that of the company. 

292

2.42K reads

Proactively communicate wins

Consistently exceed expectations in terms of your current role and job responsibilities. Take on more than expected, and manage these projects as well as your more senior colleagues.

Share your accomplishments early and often.

288

2.14K reads

Demonstrate your accomplishments

  • Demonstrate that you have taken on additional responsibilities and provide specific details about your accomplishments. 
  • Share examples of projects you have completed and how they’ve positively impacted the business. Was there an increase in revenue? Did you save a customer? 
  • If you’ve received positive feedback from colleagues or other leaders regarding your work, be prepared to share that with your manager as well. 
  • Identify ways you’ve earned money for the company, for example through sales, upsells or creating efficiencies.

321

1.52K reads

Focus on why you deserve it

Not why you need it.

Everyone would like to make more money, but don’t bring up personal reasons like your rent increasing, needing to plan an expensive birthday party for your dog or your vacation to Hawaii.

Stick to discussing your performance and impact.

291

1.63K reads

Practice your pitch conversations

... in which you are asking for something almost always go better if you've rehearsed in advance and have considered the many possible responses that you'll get to each of your requests, and how you'll address these responses

264

1.4K reads

Do your research

Conduct background research to determine your market value. 

Study salary trends for professionals in your geographic area and industry with similar job titles, qualifications, and responsibilities to find out the market rate for your role or intended one. 

266

1.3K reads

Talk about the future

Show you’re invested in the company.

Volunteer for a project or create one by being a proactive problem-solver. When leveraging a project to get a raise, explain the new responsibilities you’d like to take on and how it will help the company grow and generate more money.

270

1.39K reads

Be prepared to hear no

If a raise and promotion isn’t going to happen right now, ask for things beyond salary such as professional development opportunities or more vacation time.

266

1.54K reads

IDEAS CURATED BY

summers_wdd

"Money does not guarantee success." ~ Jose Mourinho

Summer S.'s ideas are part of this journey:

Ask for a Raise

Learn more about moneyandinvestments with this collection

How to close the deal

How to handle objections

How to present your value to your employer

Related collections

Similar ideas

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates