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Every job has a market value.Â
Compare what youâre currently being paid to the trends you find.
Consider your education, years of experience, years youâve worked for your current employer and any specialized skills or attributes you bring to the table.Â
Make a list of your accomplishments, taking note of which ones added the most value to the organization
Identify a salary range or percentage increase in pay that youâd be happy with.Â
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Meet in person and in private.Â
You should approach asking for a raise with the same level of seriousness you would have for a job interview or an important presentation, and you should dress accordingly.Â
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Before your meeting, you should prepare what youâre going to say to get a raise.Â
Recognize that feelings of fear and anxiety are natural when discussing money. Writing and practicing a script is one way to manage those feelings. Focus on the professional rather than personal reasons why you deserve this raise.
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Expect them to ask you follow-up questions, such as inquiring about the details of your recent accomplishments or the salary research youâve done. There is the possibility that you receive a rejection. Ask questions such as:
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Regardless of how the conversation went, end by thanking your manager for their time.Â
Later that day or the next, send them a follow-up email that recaps your reasons for asking for a raise and includes a summary of the conversation you had.
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IDEAS CURATED BY
Learn more about moneyandinvestments with this collection
Conducting effective interviews
Identifying the right candidates for the job
Creating a positive candidate experience
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