When to ask for a raise and how to do it | TrustLogics

You will almost certainly face a circumstance in your employment when you believe you are due to a raise but have not been given one.

You may consider it for a few months, but you will postpone it even longer. It’s unsettling to say the least. The first step in taking charge of one’s future and career is to learn how and when to ask for a raise.

Unfortunately, in these difficult economic times, raises are not always readily available; in fact, we may feel as if we are battling for them. Taking advantage of your accomplishments and emphasizing your capacity to make a difference can often result in a raise. The key is to attack at the right time.

You’ve done the work, achieved the goals, and/or contributed to the general success of your firm, right? Here are a few things to think about first:

Have your responsibilities grown, or have you received any recognition for your achievements or contributions?

If your job duties are growing but your compensation stays the same, it’s time to ask for a raise. Make a list of your skills and achievements. This manner, you can back up your statements with evidence, and you’ve established your worth.

What is the state of the business? Has it had a successful quarter or year thus far? Has it landed a new contract or met a sales target?

It’s not the time to ask for a raise if the firm is struggling. If, on the other hand, the company is doing well and you’ve contributed to that success, discuss it with your supervisor to demonstrate why your work warrants a raise.

Have you received your performance evaluation yet? What do you think your boss is going to say?

Talk to your manager about a prospective wage boost a few weeks before your upcoming review so they can factor it into their evaluation.

Once you’ve found the best moment to ask for a raise, you’ll need to understand how to do so in a professional yet persuasive manner (minus the chocolates and flowers).

Remember to make all discussions about your request positive, and be ready for a “no” or a lower-than-expected offer.

Finally, keep in mind that professionalism is essential. As a result, it’s critical that you don’t overlook their company’s management structure. Your request for a wage rise should be directed to your manager or supervisor first. Jumping forward is akin to treading on the manager’s toes, and it’s unlikely to result in a raise.

Going to your supervisor prepared with what you’ve accomplished or contributed reduces your concerns and increases your confidence in asking for a raise.