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How to ask your boss for a raise and get a higher salary

Updated on July 7, 2011

Step 1: Research

If you think you deserve more pay for your job than you're getting, it's about time you grew a pair and asked your boss for it. The first thing you need to do is find out how much people who hold similar positions are getting paid. You can do salary research on the web to find out if you're over or underpaid for your position.


Step 2: Know Your Company

This step is all about timing. When you ask your boss for more money can be just as important as how much more money you're asking for. Some companies give out raises once a year, while others use a more fluid schedule for raises that depend on when you were hired. You need to ask for a raise while the company has its wallet open. There are some times of year when they just won't give out raises because it'll mess up their budgeting. If you ask for more money than they were planning on giving you in an annual raise but ask at about the time they were going to dole out the money, you've got a much better shot at getting them to give a little more.

You also might have information about asking for pay increases in your employee handbook, if your company has one. If so, follow that procedure.

Step 3: Present Your Case

Now it's time to sell yourself. You need to prepare for this step very carefully. Write down all the goals you've accomplished at your position and any new tasks that you've started doing that were not part of your original job description. Sometimes companies are unaware of just how important you've made yourself. Now is the time to show them.

Step 4: The Negotiation

Now you've got to learn a little about negotiating. You've got to have a set number in your mind, and ask for more than that. When they offer something lower, don't immediately halve the difference. You've got to show them you mean business by not giving much slack. You can learn some important negotiating lessons just from watching a show like "Pawn Stars" on the History Channel. They don't give in when their first offer isn't met. It shows they mean business, and they usually get the price they want.

Comments

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  • SmilesDoc profile image

    SmilesDoc 

    8 years ago from Toronto, Canada

    As an employer, deserving it is what the game is all about. What do you bring to the team that makes it stronger? What do you contribute to the overall results?

  • Cy V profile image

    Cy V 

    8 years ago

    Great info. This is something just about anyone could use.

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