How is the financial health of the company? If the company is not doing well, this is not the time to ask for a raise.
How is your manager’s workload? If your manager is under a lot of stress or focused on too many things right now, it may not be the time to ask for a raise.
When is the best time of year to ask for a raise? The end of the fiscal year could be an option.
Have you successfully completed a significant task or project? This could be a good time to ask for a raise.
Get Ask a Boss delivered every week Get That Money is an exploration of the many ways we think about our finances - what we earn, what we have, and what we want. If you're like a lot of people, it's been quite a while since you've asked for a raise - or maybe you've never asked.
You shouldn’t ask to talk about your salary when your manager is especially harried or having a bad day or nervous about impending budget cuts.
On the other hand, if you’ve just saved the day with an important client or garnered rave reviews for a high-profile project, or if your boss hasseemed particularly pleased with you lately, now might be a particularly good time to make the request.
Study your prospective employer. There are many different websites that let you take a glimpse into their salaries, work culture, and benefits.
Ask for advice from your seniors or those who are in the same role as the one you're applying for and take culture into consideration.
Identify your negotiables and non-negotiables. It's important to understand that once you accept circumstances that make you miserable, you will only bring negativity to your wellbeing, productivity, and performance.
I asked for a raise for the first time a few years ago. At the time, asking for what I thought I deserved and having a frank discussion about money was outside of my comfort zone - but I did it anyway.