How to Ask for a Raise
You’ve probably been in this situation before: you’ve been waiting to ask for a raise, but don’t know how to do it or when it will be the right time. This might seem like a sensitive issue to raise, but sometimes your concerns are not founded: you might show your boss how you earned that raise and your value to the company. These are our tips on how to ask for a raise.
Wait For The Right Time
If your company is enduring some hardships and you know it, probably it’s not the right time. But nevertheless, you know your value. You can prove that through those hardships you’re going to be there to help the company raise up to what it used to be. If you prove your value when the company is going through hard times, you can rest assured your request for a raise will be successful when it comes. Just be hard-working and make sure your role cannot be replaced easily: those issues will be taken into account when upper management considers your raise. If you’re just a piece of the engine, they might try to ignore you: if you are the gear that keeps your company working, then they will consider it for sure.
If your company seems to be playing you, you can make an ultimatum: either you give me what I’m worth or I’ll be leaving. You have already made sure they’re going to need you for a long time through step one, so you should be assertive when asking for a raise. Don’t be afraid: the worst that can happen is being denied your raise, in which case you can always look for another job that pays you better with the skills you learned from your current job. Fear prevents us from taking the leaps that are necessary for our growth as professionals. Don’t let fear overcome you and ask for your raise in a polite, but confident, manner.
Make Sure Your Company Needs You
We need to make this point strong in our argument: if you’re easily replaceable, you probably won’t get a raise. If you have the know-how and the tools that your company needs for your job description, they won’t let you go without making you an offer. That’s just how business works. If it costs less to raise your earnings than it costs to get someone to do the same thing (or several people, sometimes, if you’ve been there for a while) that you did, you’re most likely to get a raise. It’s a harsh world in business, in which almost everyone is replaceable. If you make sure it will cost the company a lot to replace you, you can rest assured you’ll get the raise you need. After all, you’ve shown your net worth to the company and they won’t let you go now.
Do It Privately
This probably should be common sense, but still, a lot of people fail in this instance. Maybe the meeting in which you discuss the monthly earnings of the company is not the best place to ask for a raise. Get a meeting with your manager and talk about it discreetly. It’s not good to discuss money matters in front of your colleagues: your manager surely won’t like it. However, if you feel like there’s an inconsistency about yours and your other colleague’s conditions, make sure to raise that issue when upper management is present. You’ll probably embarrass your manager, but if you think there’s been going on some pay discrimination in your workplace, it’s worth it. You should voice your concerns loudly only if you are sure of what’s going on. If you think your colleague is making more for the same job but you have no proof, it’s better to follow our advice and discuss it privately.
These are our tips about asking your management for a raise. They might be or not adequate to your workplace: that will depend on the style of job you have, and if you’re dealing with several managers or just one. Sometimes it does not depend on one person to give you a raise: if that’s the case, talk to everyone who should know. Don’t hold back. Your managers wouldn’t hold back in giving you new tasks, so why should you in asking for a raise?