Tips On Asking For A Raise

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See also: Tips On Asking For A Raise,Tips for a Successful Interview

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1 Procedure
2 General Tips
3 Precautions
4 Sources/Reference
5 Authors

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Procedure

Know your company's policies. Are you supposed to have annual performance reviews to determine your salary? Do salaries advance according to a fixed schedule or rank? Who can make the decision (or ask for it to be made)? Read the employee handbook (and company intranet, if you have one), or better yet, talk to someone in Human Resources.
Know what you're worth. Find out the usual salary range for those who do what you do in your region or area. If possible, get numbers that take into account:

Your job description
Your responsibility, including any management tasks
Your years of experience
Your seniority in the company
Your education
Your location

Prepare a list of your accomplishments. You can memorize the list or present a written copy to your boss for his or her reference. If you choose to present a written copy, have somebody proofread it for you first.
Make your case. Pay particular attention to problems you have worked on, and how you helped solve them. Why are you worth more money to your employer? How have business operations and profits improved since and because you've been there?<p>
Did you complete or help to complete a tough project?
Did you work extra hours or meet an urgent deadline?
Did you take initiative?
Did you go beyond the call of duty?
Did you save the company time or money?
Did you improve any systems or processes?
Did you support or train others?
Set time aside. If you just walk up and ask for a raise, you'll seem unprepared, and, well, like you don't deserve one. You don't have to give too much advance notice. Just say when you walk in to work in the morning "Before you leave, I'd like to speak with you." If your boss is really busy or disorganized, you might want to make an appointment.

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General Tips

ou can negotiate for more than just pay. If appropriate, talk about benefits, titles, and modifications to your responsibilities, management, or assignments. Ask for a company car.
any companies subscribe to industry salary surveys. Ask that your boss consult that information when determining your new compensation, especially if you think your pay has lagged behind that of your peers. It will lend credence to your numbers, if they are well-researched.

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Precautions

Stay positive.Do not use this time to gripe about management, coworkers, conditions, or anything else. If you must raise a concern for some reason, present it politely and come equipped with remedies and suggestions.
Recognize that your boss has deadlines and budgets to content with.

Keep the discussion focused on your work, and your value. DO NOT use personal issues, including financial shortfalls or other *Problems, as the reason for needing a raise.This is business -- talk in terms of value for service.

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