How and When to Ask for a Raise? Convince Your Boss
The people who go far are those who seek the results, and not those who remain to wait for them.
So if you're an employee and you don't have enough reasons to be an entrepreneur, but you need more money; Learning how to ask for a raise is indispensable.
So it is essential to know how to ask for a raise so that they do give it to you. Negotiating a raise is not an easy task. You must know how to request a raise. With these seven steps and learn how do people ask for a raise properly.
How to ask for a raise so they can deliver it to you?
Research how much they are paying in your company and others, for a role like yours. With that information, you must find a balance that allows you to argue to your boss that what you want to win is fair; since for your work, it's what you're worth.
And to do so, you must continue with the next step:
2. Identify your value.
You must tell your employer what you contribute to the company. To do so, think about the following:
- Achievements you have achieved.
- Strategies that you have adopted.
- Growth ideas you have to execute.
- New skills.
- Experience gained.
- The financial impact of your work.
Write the most reasons why you deserve a promotion. Then, align them very well with the mission, vision, and philosophy of the company.
3. Decide how far you are going to negotiate.
Remember that you are negotiating, and one of the most crucial negotiation strategies is to anticipate different scenarios.
Are you willing to quit your job if you don't receive the raise? Are you going for a 30% increase, but would you settle for 10%?
Another scenario is that you do not get the increase right then, but receive the necessary feedback to know what you have to do to get it.
Do your best to have a counter offer for all the answers you receive.
4. Find the ideal time to propose.
No matter how well you do the above steps. If you do not choose the moment well, the chances of receiving a "no" are very high.
So keep the following in mind:
- Do it after achieving an important goal. Our memory dims in the face of the most recent events. So it's an excellent strategy to ask for an increase after you've reached a representative achievement.
- Research when they make salary adjustments: Many companies make their annual budget at the end of the year. So do your best to have that talk with your boss before the end of the year.
- Do not ask at times of hard work. The salary increase conversation is not comfortable for any of the two parties. So you must do it at best possible time. So you must avoid having it in times of high stress. If your boss only has problems and problems, avoid becoming another one. Otherwise, a "no" will be the only thing you will get.
- Meet with your boss in the early hours of the day. If you talk to your boss at the end of the day, he/she will already be a victim of decision fatigue and will choose to make the most straightforward decision: that is to say - no.
5. Do it personally.
Many people make the mistake of avoiding the conversation face to face and end up sending an email.
This is a fatal mistake because:
- You are demonstrating that you are not able to face difficult situations.
- You will not have the ability to negotiate.
- Your boss can say he didn't see the mail.
- You give him/her control of the response rhythms.
Face it. It is not easy, but if you prepare the right way, you will see good results.
6. Dress properly.
For this, you don't need to overdo it, but you must show that you are interested. One way to do it is to be well dressed.
7. Don't try to inspire pity.
The objective of points 1, 2, 3, is to make sure you map how the negotiation would be. If you do them well, you will realize that the whole talk will be an objective argument as to why you deserve the job. (A numerical demonstration is much better)
If you are not well prepared, you will end up saying things like:
- "My partner ran out of work."
- "I have a lot of debts."
- "I've been here at the company for a year."
And the only thing you will get with those "arguments" is to inspire pity. Remember that your goal is to convince your boss that you are worth what you ask.