Prepare your response - Deepstash
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

Ask for a Raise

Discover 64 similar ideas in

It takes just

9 mins to read

Prepare your response

  • If you get turned down, ask what you need to do to improve. "Get as much specific feedback as possible so you can figure out what steps you need to take to get to the next level,"
  • Put something on the calendar for a few months out. Ask to revisit the issue in a few months if you don't get the raise you ask for.
  • 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."

141

341 reads

MORE IDEAS ON THIS

How to ask

  • Set up a meeting β€” in person. Approach the subject diplomatically, with an upbeat, positive demeanor.
  • Practice beforehand. Practice the discussion until it's free of emotion and nerves.
  • Consider using the 'gentle startup' techni...

163

346 reads

Qualitative reasons

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.

136

592 reads

The perfect time to ask

  • If your performance review is coming up, plan to raise the topic after receiving favorable feedback.
  • If you don't have a performance review on the horizon, you could schedule a salary discussion a few months before the yearly budget is set.

131

419 reads

After you get the raise

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.

127

466 reads

Highlight rare skills

Take an inventory of your unique selling proposition.

Present the unique skills and achievements you bring, particularly ones that are in shortage industry-wide.

138

534 reads

Understand the goals

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.

132

628 reads

Don't ask

... 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.

134

737 reads

Meeting or exceeding goals

"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

142

613 reads

'I need more money' is not a reason

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.

141

459 reads

Actually deserving the raise

"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

163

1.1K reads

How much to ask for

  • Look at what your role pays industrywide. Online tools can help you learn what the median pay is for industry, position, and location.
  • Avoid asking your colleagues what they're paid.
  • Avoid asking for an outlandish increase.

144

422 reads

Prepare a case

... 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.

139

535 reads

CURATED FROM

CURATED BY

pipge

Total food specialist. Friendly webaholic. Coffee fan. Proud analyst. Tv expert. Explorer. Travel nerd. Incurable beer advocate.

Related collections

More like this

The perfect time to ask

  • If your performance review is coming up, plan to raise the topic after receiving favorable feedback.
  • If you don't have a performance review on the horizon, you could schedule a salary discussion a few months before the yearly budget is set.

Clarify your Call to Action

Don’t leave it up to your reader to figure out what you want them to do with this information. Spell it out, and be specific. For example:

  • Please send back any edits by 5 pm on Tuesday.
  • Please call this client back by Friday to resolve the issue.

Focus on your Most Important Tasks (MITs)

Focus on your Most Important Tasks (MITs)

Choose a few (usually 3) tasks to get done each day; those become your MITs.

When using MITs, your to-do list would have 1-3 of these, and anything else listed would become bonus, "nice to do if you have the time" tasks. You only work on bonus tasks if all your MITs are don...

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Access to 200,000+ ideas

β€”

Access to the mobile app

β€”

Unlimited idea saving & library

β€”

β€”

Unlimited history

β€”

β€”

Unlimited listening to ideas

β€”

β€”

Downloading & offline access

β€”

β€”

Personalized recommendations

β€”

β€”

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