You want to ask for a raise. How do you prepare to make the request?
Asking for a raise can be a nerve-wracking experience, especially if you are not sure how to approach it. However, with some preparation and research, you can increase your chances of getting the compensation you deserve. Here are some steps you can take to prepare for your raise request.
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Joseph OgundareManaging Director. Business Process Leader. LinkedIn Community Top Voice for Career Development, Human Resources &…
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Mazher H. SyedAvid Listener | Chaste Conversationalist | Prudent Mentor
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Madhurima Das 🌞India's 1st 10X Corporate Readiness Transformer🏆 Corporate Trainer 💪 Resume Expert ✅ Career Expert 👔 Soft Skills…
Before you ask for a raise, you need to know how much you are worth in the market and in your company. You can use online tools, industry reports, or networking contacts to find out the salary range for your role and experience level. You also need to assess your performance and contributions to your team and organization. You can use your annual reviews, feedback from managers and peers, or specific achievements and projects to showcase your value. Having this information will help you set a realistic and fair expectation for your raise.
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Joseph Ogundare
Managing Director. Business Process Leader. LinkedIn Community Top Voice for Career Development, Human Resources & Executive Coaching. Career Background : CS, HR, L&D, TM & BM. Author | Trainer | Counselor | Coach.
Speak from the place of value not entitlement. 1.What have you put on the table that qualifies you for that promotion 2. Is your desire for promotion in line with the company policy? If yes, key into that. 3. Is there anyone in management who can buy into your request...if yes, speak to them. 4. Are there economic factors within your country that has necessitated this need, don't forget them. 5. Speak about how this raise will help you do more within the system. Salary raise is one thing most employers don't want to look at expecially if the company is not doing well. Every investor is there to make more and spend far less. Sometimes when you go for this type of request, go with ideas that will also help the system and yourself.
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Madhurima Das 🌞
India's 1st 10X Corporate Readiness Transformer🏆 Corporate Trainer 💪 Resume Expert ✅ Career Expert 👔 Soft Skills Trainer 🌟 Job Interview Advisor 🤵🏻 Peak Performance Mentor 🏅40 Recommendations on LinkedIn
Find out how much your company will pay a replacement if you were to resign today. Tactfully find out what your colleagues are getting. We understand that discussing salaries at work is not allowed. But hey we all know that this rule is made for the benefit of employers and not you.
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Verónica Fantin
💙💚 Jefa de Capital Humano en Marfrig Global Foods | Programa Ejecutivo HRBP | 🚀 Career Coach - IG: (@vf_coachlaboral) 17K 😍 | Human Resources Lead | Job Preparation 🙋♀️ |
Es importante previo a esta charla que puedas identificar tu valor. Que tus palabras sean congruentes con tus acciones, donde realmente se pueda ver en ellas tu aporte a la organización. Elegir el momento adecuado es clave, porque muchas veces quedas fuera de la posibilidad solo porque la otra persona no tiene tiempo o esta con otro urgente. Mantene el norte de la charla claro y despejado, no rumees ni des vuelta sobre ello. Se concreto, claro y lo más escueto posible.
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Samir Geepee
I help future leaders discover clarity today!
1. Know Your Worth: Research average salaries for your position, experience level, and location. 2. Track Your Wins: Document your accomplishments - projects completed, problems solved, metrics improved. 3. Time it Right: Don't ask during busy periods or performance reviews. Ideally, request a raise after exceeding expectations or completing a major project. 4. Be Confident: Believe in your value to the company. Gather your research, accomplishments, and a specific raise amount you desire. 5. Practice Your Pitch: Schedule a meeting with your manager. Frame your request around your value and contributions. Focus on how you've benefited the company and what you bring to the table.
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Lokesh Prajapat
Ask for a raise in a professional manner. 1. Research Salary Benchmarks (50 words) 2. Evaluate Your Contributions 3. Timing is Key: Choose an opportune time for the discussion. 4. Quantify Your Achievements Use specific metrics to quantify your accomplishments. Tangible evidence provides a clear picture of your value to the organization. 5. Consider Market Conditions - Be aware of the company's financial situation and industry trends. 6. Maintain a Positive Tone (50 words) Approach the conversation with a positive and constructive attitude. A positive tone fosters a collaborative atmosphere, increasing the likelihood of a successful outcome.
Timing is crucial when it comes to asking for a raise. You want to avoid making your request when your company is facing financial difficulties, undergoing major changes, or dealing with a crisis. You also want to avoid busy or stressful periods for your manager or department. Instead, you want to look for opportunities when your company is doing well, your manager is in a good mood, or you have recently delivered outstanding results. You can also align your request with your annual review, a promotion, or a new project.
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Mariana Castrelos
Es importante saber que: El momento indicado puede ser posterior a una evaluación de desempeño, y en periodos de cierres y balances de ganancias de la compañía. Marcar agenda con tu jefe inmediato y capitalizar el espacio de feedbacjk para solicitar la posibilidad de una revisión salarial. Considerar siempre el contexto actual de la organización
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Mazher H. Syed
Avid Listener | Chaste Conversationalist | Prudent Mentor
There are only two "right times" to discuss a "raise": 1. During the annual Appraisal when your performance evaluation takes place. 2. When you have a Letter of Offer from another Company in your pocket. Many orgs have half-yearly appraisals which occur only to evaluate your performance in the first half of the year. Salary revisions do not take place. If you've a really "extraordinary" situation to put on the table, you may broach the subject of a "Raise" at the HY appraisal.
Once you have decided on the best time to ask for a raise, you need to prepare your pitch. Your pitch should be clear, concise, and confident. You should start by expressing your appreciation for your job and your manager, and then state your reason for asking for a raise. You should then present your evidence of your value, using specific examples and numbers to demonstrate your impact and achievements. You should also mention your salary expectation, based on your research and performance. You should end your pitch by asking for feedback and thanking your manager for their time and consideration.
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Mazher H. Syed
Avid Listener | Chaste Conversationalist | Prudent Mentor
Employees presume that they can throw in a threat in their pitch to the Management by referring to calls or emails they would have received from Recruiters about certain prospective job offers. That is the last thing to do, because no Company likes threats however subtle they may be. Plus they have a long memory for such things. If you've cleared the interviews and got an Offer Letter from another Org, then it's a different story your present Company may be willing to listen.
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Mariana Castrelos
El pedido de aumento, se enmarca dentro de lo que llamamos una conversación difícil, en este sentido debes preparar la misma y hasta ensayarte en el contenido como en las formas. Tener precisión en los resultados obtenidos, proyectos, fechas, resultados concretos y hacer foco además en el nivel de responsabilidades asumidas. Un planteo claro, conciso y con argumentos, expresados de forma amable es lo básico para abordar una petición de esta índole.
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Hassan Arshad
CHRO @ IBL Group | Leader of Strategy, People, & Culture | GPHR® | LinkedIn Top Voice - Career Development | Hubert H. Humphrey Fellow |
Your pitch needs to be well crafted and should be in continuation of your previous career talks. Ask yourself first which problems of your boss you have been solving lately and how he/she perceives them. Sell yourself a bit but don't go overboard. Ask your boss what will it take to get to a certain point in terms of salary and then divide it in to manageable chunks. Reflect upon how you have done on these so far, and what's your plan to move ahead. Also if you can do some research on market price of the same jobs, make that part of your pitch but tactfully. All the best.
Even if you have a strong case for a raise, you may face some objections or resistance from your manager. You should anticipate these scenarios and prepare your responses accordingly. Some common objections are: there is no budget for a raise, your raise is not aligned with the company policy, your performance is not exceptional, or your request is too high. You should counter these objections by reiterating your value, providing alternative solutions, negotiating other benefits, or compromising on the amount.
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Ayesha Bagus (she-her)
KRS.CO.ZA 👈 Chief People Officer at Khanyisa Real Systems
Before asking for a raise, ensure you've conducted a thorough market analysis. Research current trends in your industry to gauge salary expectations. Consider the scarcity of your skillset—how in-demand are your skills? Presenting this data will strengthen your case and increase the likelihood of a positive outcome.
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Mariana Castrelos
Ante situaciones de objeción, puedes plantear: Otros antecedentes de aumentos similares en tu área o en otras. Plantear un esquema de objetivos asociado con los tiempos en que los cumpliste. Refrendar tu petición en las ganancias que generaste a la compañía, ya sea económico, de reputación, mejora de procesos, etc. Todo lo que sea progreso para la compañía es el argumento que puedes plantear y abrir una nueva reunión para la revisión de la repuesta negativa, pactando una fecha.
The final step before you ask for a raise is to practice your delivery. You should rehearse your pitch in front of a mirror, a friend, or a mentor, and ask for feedback on your tone, body language, and content. You should also prepare for possible questions or objections from your manager, and practice how to handle them. Practicing your delivery will help you boost your confidence, clarity, and persuasiveness.
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Mariana Castrelos
El entrenamiento de una conversación difícil es sabido que aumenta las posibilidades de éxito, a partir de pulir la comunicación, identificando que se quiere decir (para evitar desvíos), que se desea obtener de la misma (reconocimiento económico o simbólico), la respuesta se obtiene a partir de responder para que se pide ese aumento. El mensaje a ensayar debe estar basado en los puntos antes mencionados. Adecuar el mismo a un lenguaje corporal se logra siempre y cuando se gestionen las emociones que suscitan esta conversación. Luego el role play será la práctica suficiente para tener buenos resultados.
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Adrian (Ado) Ninnes
People, culture & career development nerd │ Founder levelupwithado
Asking for a raise can feel like giving a presentation on stage. Practice makes perfect! Rehearse your pitch out loud, ideally in front of a trusted friend or mentor. - Focus on Delivery: Work on your tone (confident!), body language (positive!), and clarity (be clear and concise about your value). - Prepare for Pushback: Anticipate potential objections from your manager and practice how you'll respond. The more prepared you are, the more confident you'll sound. Bonus Tip: Dress for the raise you want! Projecting a professional image can boost your confidence and show your seriousness about the conversation. Remember, you deserve it!
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Dorota Gordon
Ascending Business Performance Through People | Executive People Partner, Coach & Mentor | EMEA
It is simple. Highlight the impact you are bringing to the organization. It is not just about hitting goals and getting on with tasks but the value you bring to the business. When your value and impact proposition is clear, the monetary reward follows.
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Paolo Gallo
Dad & Husband. (Occasionally) ICF - Executive Coach, 3 TEDx speaker, Bloomsbury Best-selling Author, Adjunct Professor @SDA Bocconi, Former HR Director @World Economic Forum, World Bank, EBRD, Sole24 Ore HBR contributor
As a former HR director, let me add what NOT To do: 1) compare your salary with that of one of your colleagues or 2) complain you are underpaid. Instead, focus on the value you are adding to your clients/team/organization and 2) add which problems/issues you have (contributed) to solve and give a positive spin
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Luki Danukarjanto
The “soft skills guy”: I help young professionals and students be more confident and create their purpose-filled career (especially if you're an immigrant (or child of immigrants) | Message to level-up your career!
Consider making it into a conversation versus an ultimatum. Too many folks turn it into “I want this amount” vs something like “ based on my research, this is what I feel is my market value. Do you agree and how could we get me to that level?” The first back your leadership into a corner. The second provides much more flexibility that could turn into a win-win for both sides.
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