Hope you've been having a great week! As part of our helpful tips content, here's a good one based on my customer discovery interviews!
It’s not uncommon to want a raise. In fact, in a recent Indeed survey, only 19% of people were comfortable with their rate of pay. However, when you do ask for a raise, you need to carefully choose your timing.
2. Ask yourself, have you successfully completed a significant task or project? 📊
If the company is doing well and your manager isn’t too stressed, but a convenient time to ask for a raise isn’t coming up, reflect on your recent accomplishments. Have you just reached an impressive milestone or exceeded an important goal? This could be a good time to ask for a raise.
Check your completed section to reference in your conversation about a raise! Even though your manager may be aware of your work broadly, they may not be up to date on precisely how impressive it was.
As you’re preparing, it may be helpful to recognize that feelings of fear and anxiety are natural when discussing money. Writing and practicing a script is one way to manage those feelings.
If you rehearse it enough, you’ll be able to stick to it even when you’re nervous. Throughout your script, focus on the professional rather than personal reasons why you deserve this raise.
Here’s an example script for asking for a raise:
Thank you for taking the time to meet with me today. In my current role, I’m excited to keep working towards key company goals and grow my personal responsibilities. As a result, I’d like to discuss my salary.
Based on the research I’ve done, which includes looking at averages for my job title in this metro area and considers my tenure here, my years of experience and skill set, a salary increase of X% is appropriate.
In the time since my last salary adjustment, I’ve worked on several initiatives that have added significant value to the company. For instance, in the last few months, I [insert example your most impressive accomplishment]. These achievements have made me ready for a raise.
Does that sound fair?
Pro-tip: Throughout your pitch, avoid words that could undercut your position, such as: believe, feel, think, just, only, might. These words can make it seem that you are not feeling confident or sure—and if you convey uncertainty, your manager may become uncertain, too. Go into this conversation knowing that you deserve a raise and communicate your confidence with strong words that leave little room for negotiation.