Curated from: businessinsider.com
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"If you were to leave your company tomorrow, would there be any meaningful disruption to the business? If the answer is no, you don't have any leverage to get a raise." -- Jason Nazar
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1.23K reads
... if you've been at the company for less than a year.
If your responsibilities are dramatically different from what was outlined in the interview process, you might be eligible for a raise.
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It's important to have goals that you can use to measure your success.
Make sure you and your supervisor both understand how success looks in your organization and what is expected.
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"You should always link individual performance to departmental goals, and then to overall company goals and how what you've done directly impacted each." -- Adam Ochstein
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... based on how you've quantifiably exceeded your goals.
Find the numbers that prove your contribution to the workplace. Data should comprise the bulk of your salary negotiation because it's hard proof of how valuable you are to the company.
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If you led training, introduced new procedures, or became a trustworthy person during a year with tumultuous office politics, you should include that in your discussion.
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Take an inventory of your unique selling proposition.
Present the unique skills and achievements you bring, particularly ones that are in shortage industry-wide.
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Don't discuss your own needs during a salary negotiation.
It is not your employer's interest, their personal interest, to actually really truly care for that, and it's not necessarily going to make them open up the pockets of that company to pay you for that.
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Consider using the 'gentle startup' technique: "__When I calculate the value I've contributed to this company, I feel happy to know that I've added $$$. Now, I need my salary to reflect my contributions."
Explore the data of how you've exceeded. Don't spare any detail in how you've benefited the company.
Deliver with confidence. You have to sell yourself, just like it's a job interview.
Don't compare yourself to other colleagues, focus on your own career path and goals.
Remember it's not about you. Connect yourself to the company, and how you fit in there.
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If your company can't pay more due to budget constraints, ask about increased paid time-off days, flexible work arrangements, a one-time bonus, or other options.
Keep an open dialogue. "Asking for a raise should be a natural part of an ongoing conversation."
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Don't forget to follow up over email.
Mention your excitement to continue making great contributions to the company. Spell out all changes to your compensation package and when they will take effect.
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Learn more about moneyandinvestments with this collection
How to close the deal
How to handle objections
How to present your value to your employer
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