Make Sure To Check Your Homework
Research what other jobs are paying for your work. Find out what your worth is in the job market to better your understanding and argument on why you deserve a pay-raise. You should research your salary across the board for your city and state, see the job availability and if your job is a job that is going to be in demand soon.
Make sure you have all your facts straight before asking your boss for more money. If you are worth it and your stats show it, then make sure to bring that information, and make sure to bring what you also do and are capable of doing more of to the table. Don’t just demand, show what your value is and request a pay-raise.
Use Other Words
When talking about a pay-raise to your boss, raise can be a bit controversial to the higher-ups. Use words like “salary adjustment” since it makes it seem like your salary isn’t the same as the margin salary for your job in the market.
These words will help avoid confrontation or aggravation with your boss. Pay-raise is also seen as a demand, where as a salary adjustment seems like another business meeting to check over. Use your words carefully when discussing more money.
Show Your Performance
When asking for a pay-raise, you should demonstrate your ability to show your worth. Make sure you show your sales, paperwork, or claims you have finished, or how many people you’ve helped, or that what you do, you do a great job at it. You should show your worth before asking for any money. This ensures that your boss knows what you are doing, what you are capable of doing, and how much those people get paid.
Don’t rub your success in others’ faces, rather make sure to print a performance sheet, or take a few efficiency tests for your boss to really consider what he thinks you are capable of doing and able to see the results on paper. This also shows him improvements over the course of your career. Your boss can compare the previous performance results to newer ones in order to determine eligibility for a pay-raise in the future.
Make Sure It’s Appropriate Timing
You should never ask for a raise after a poor event at your company. It’s best to not ask after you lost a client at the company, had a bad sales quarter, had a huge lay-off, or if performances were terrible in the quarter. Do not ask for a pay-raise if you’ve worked for the company for less than six months.
This could very well get you on the bad side of your boss, if not fired. During these times, it’s a great opportunity to strengthen your performance and stand by your company until better news arrive.
You can also ask for a pay-raise outside of the timeframe it’s offered, however it is a harder idea to sell during that time, because everyone wants a pay-raise.
Be Prepared For Rejection
This is important because you don’t want to get your hopes up too high, or else you may cause a scene when your feelings get hurt. Overall, you want to keep cool, calm, and collected while asking for a pay-raise. When rejected, you can ask “Why?” but don’t get upset or argue with your boss.
Take what they say into consideration and do better. Have better performance and do more than you did before. Take on tasks you didn’t and show your boss the employee that you are. When you do this, your boss is able to see your hard work, and that his rejection didn’t dishearten you from continuing your hard work.
Everyone gets rejected a few times, it’s normal to be rejected for a pay-raise. However, the time will come when you are eligible and granted your pay-raise request and you will have accomplished what you had set out to do.