How to Ask Your Manager for a Raise

How to Ask Your Manager for a Raise

Felix Yim 17/01/2023
How to Ask Your Manager for a Raise

Before asking for a raise, research the industry standards and average salaries for your position and level of experience.

Create a list of your accomplishments and the value you have brought to the company. Gather any evidence, such as performance reviews or feedback from colleagues or clients, that can support your case.

Pick a time when your manager is less likely to be busy or stressed. Also, consider the company's financial situation and whether they are going through any major changes.

Request a one-on-one meeting with your manager to discuss your pay raise request. Make sure to express the importance of the topic and how the raise will benefit the company.

Be specific when discussing your accomplishments, use numbers and data to support your case. Be confident, but also be willing to compromise if necessary.

Negotiate and have alternative solutions in mind, such as additional benefits or a performance-based pay increase.

If you don't get an immediate answer, follow up with your manager in a few days or a week. If your request is denied, ask for feedback and use it to improve your performance and increase your chances of success in the future.

Remember that unconscious bias may play a role in the process. Make sure your accomplishments are well-documented and highlighted to ensure that your contributions are properly recognized and valued.

Here are some useful tips to get a pay raise.

1. Define your Goals and Create a Plan

Clearly define what you want to achieve in terms of a pay rise, and set specific, measurable goals.

Research the industry standards and average salaries for your position and level of experience.

Create a plan to showcase your value to the company, highlighting your accomplishments and any additional skills or certifications you have acquired.

2. Build a Strong Relationship with your Manager

Regularly communicate with your manager, providing updates on your progress and any challenges you may be facing.

Seek out opportunities to take on additional responsibilities and demonstrate your willingness to go above and beyond.

Show appreciation for your manager's support and guidance.

3. Network and Build Relationships within the Company

Building a positive reputation within the company can help to increase your visibility and credibility.

Seek out opportunities to collaborate with colleagues on projects and initiatives.

Attend company events and networking opportunities to build relationships with other employees.

4. Be Prepared for the Conversation

Schedule a meeting with your manager to discuss your pay rise request.

Come prepared with examples of your accomplishments and the value you have brought to the company.

Be prepared to negotiate, but also be willing to compromise if necessary.

5. Stay Positive and Professional

Maintain a positive attitude and stay professional throughout the process.

Remember that a pay rise is not a guarantee, and that rejection is not a reflection of your worth as an employee.

If your request is denied, ask for feedback and use it to improve your performance and increase your chances of success in the future.

6. Be Aware of Unconscious Bias

It is important to be aware that unconscious bias may play a role in the pay rise process.

Make sure your accomplishments are highlighted and well-documented to ensure that your contributions are properly recognized and valued.

Speak up if you feel that you are being treated unfairly or if you notice any bias in the workplace.

By following these tips, you can increase your chances of getting a pay rise and succeed in the modern hybrid workplace regardless of your ethnicity. Remember to set specific goals, build relationships, prepare for the conversation, stay positive, seek out additional income streams, and be aware of unconscious bias.

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Felix Yim

Tech Expert

Felix is the founder of Society of Speed, an automotive journal covering the unique lifestyle of supercar owners. Alongside automotive journalism, Felix recently graduated from university with a finance degree and enjoys helping students and other young founders grow their projects. 

   
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