Being ready is the greatest approach to ask for a raise and improve your chances of getting one. Follow these 10 tips to ask for a raise at work if you don't yet feel ready or secure enough to do so:
Your qualifications and accomplishments can help you build a better case as to why you're asking for a raise. Compile a list of all your qualifications, such as education, certifications, years of experience, and soft and hard skills.
Spend some time looking into local compensation patterns to have a better idea of how much of a raise you should request. You might gain a better understanding of your possible pay grade by looking at what other employees in the same field are earning.
Picking the right time to ask for a raise can help increase your chances of getting one. Typically the best time to ask for a salary raise is:
– during performance reviews – after successfully completing a large project – upon receiving a reasonable amount of positive feedback – when your workload increases
So what is a fair raise to demand? Although employers anticipate giving employees a 3 percent raise on average in 2023, there is no cap on how much your compensation can rise.
The best way to request a raise is in person, preferably in private, or over video call if you work remotely. Avoid discussing a potential increase via email or in public spaces at work to uphold professionalism.
It's time to prepare for the meeting once you've scheduled it. You may feel more assured throughout the meeting if you have prepared what you will say. Spend some time practicing your presentation and gathering the materials you'll be giving your manager.
At this point, be ready to rock your meeting and get the raise you deserve. Remember to arrive early and dress appropriately, just as you would for a new job interview.
Come with an open mind and the confidence of knowing that you prepared a lot for this meeting and have the right qualifications.
When you've covered everything, be prepared to respond to queries from your manager. They might inquire as to why and how you arrived at the raise amount, as well as for further information regarding your achievements.
Thank your manager once more for considering your request at the conclusion of the meeting. Send a follow-up email to them after the meeting to thank them for their time and to summarize key discussions, such as your achievements and your request.
You should anticipate that your manager won't respond straight away. If they respond "maybe," you might inquire if it's okay to follow up and arrange a meeting to go over the choice. Ask the reasons for their choice and how you can get a raise in the future if they respond "no."