Author: Marveille Medada
Date of Publication: 21/04/2023
Approaching your supervisor for a salary raise is something that the majority would rather not do, yet doing so is totally within your rights. If the company doesn't grant annual increases and you're not up for an upgrade, you may have to ask for a raise to get your value.
If you've worked harder, taken on more responsibility, or earned your supervisor's praise in the last year, you deserve a raise. If this is your first time asking for a raise or your boss has never heard you ask, start taking notes to assist you to make your case.
It may sound like a frightening and awkward procedure, but if you're familiar with your
employer, it won't be. This article will help you prepare for the discussion as well as feel
more comfortable starting the discussion with your supervisor.
How do you ask for a raise in salary?
Where?
It's best to request a raise face-to-face, in private, and behind closed doors. Talk to your
boss through a video call if you can't be in the same room together. Schedule a
performance review meeting at least two weeks in advance, even if you don't need to ask your employer. If you don't already include your intention to discuss pay in the meeting description or in an email to your boss, you should.
When?
Schedule a performance review meeting at least two weeks in advance, even if you don't
need to ask your employer. Mark your calendar if one of these chances arises so you can
prepare in advance for the discussion with your supervisor.
Whether your company doesn't raise wages annually, you'll need to decide whether you
should ask for one. Planning beforehand might increase the likelihood of approval of your proposal. After a good fiscal quarter or taking on extra responsibilities, you might seek a
salary rise.
How to start the discussion
If possible, provide evidence of how your accomplishments have helped your division and the company. The more convincing the evidence you provide is, the better your case will be for a raise. You may strengthen your case by providing examples of your past work and the efforts you've made to aid the company.
How much should you ask?
Across the board, raises an average of 3%. Pay increases of 5% or higher are unusual, while 4.5–5% are normal. Depending on the conditions and the period since your last raise, you may seek a 10% to 20% raise. Your justifications should strengthen proportionally as the percentage increases.
If you chose a job with limited travel but now spend over 50% of your time away from
home, you may ask for a 20% increase. If it's been over a year since your last increase and
you've done well with your typical duties, ask for a raise at a reasonable rate.
Confidence is Key
Requesting a raise with confidence, facts in hand, and an understanding of possible
opposition is essential. Make sure you're ready to prove to your manager that you're worth the increase if you get it.
The Outcome
Acceptance
If the answer is yes, keep your reaction professional. Show your appreciation, and don't
stop doing what you're doing well. Having positive interactions with your co-workers is also crucial. Your manager will feel bad about giving you a raise if you flaunt it around the office, and you'll cause strife in the workplace.
Refusal
Expect a negative response, but also inquire as to what you may do to improve your
chances of receiving a raise in the future. A good manager will explain why you weren't
picked and provide ideas on how to improve your marketability. If the justifications don't
satisfy you, assess your career path and incentive to stay with the company.
Conclusion
To sum everything up, recognizing that worry and nervousness are normal responses to
discussions about money is crucial. Preparing what you want to discuss and say on paper
and rehearsing it may help. If the justifications don't satisfy you, assess your career path and incentive to stay with the company.
While talking with your superior, be confident to show that you are worth that raise.
So, if your boss is receptive to the idea of a pay rise, you should be clear about the extra
amount you'd want for your current salary.
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