How to Ask a Manager for a Raise
When employees haven’t received a raise for a long time or are unhappy with the amount they’re making, they always feel the urge to ask their manager for a raise. Requesting a manager for a raise can be daunting, even for the most experienced negotiator.
However, employees can do a few things to increase their chances of getting a raise from their manager. The following are five tips that an employee can use to increase the chances of success when asking for a raise:
1. List Major Accomplishments
When asking for a raise, it is crucial to demonstrate accomplishments and value to the company. This can be done by preparing a list of recent successes and highlighting the contributions to the company’s bottom line. Dr. Jordan Sudberg, a pain management specialist, believes it is also helpful to back up the request with data, such as market research on salaries for similar positions. A manager is more likely to give a raise to an employee who is seen as an asset to the company and has specific goals in mind.
2. Do Research
One of the most important things an employee can do when asking for a raise is to research their worth. This involves knowing the appropriate salary range for the relevant position and specialty and coming armed with data to support the case. Doing homework and going into the conversation with information creates a much better position to negotiate a salary reflecting one’s true worth.
3. Timing Is Everything
Choosing the right time to ask for a raise is paramount. If the company is doing well or employees have delivered a big project, the manager will be more likely to give a raise. It is always prudent to avoid asking for a raise during times of stress or crisis since the manager may be under pressure and may not be able to give what is being requested.
4. Always Be Prepared To Negotiate
Offering an injunction is not always enough. It is good to devise a fair compromise that benefits both interested parties. A manager may not be able to give precisely what is being asked, but if an employee is willing to compromise, a middle ground can be found that works for both the manager and the employee. Furthermore, the manager may be willing to offer other benefits, such as more vacation days or flexible hours.
5. Confidence Is Key
Managers are likely to take a salary raise request seriously if they see that an employee believes in his worth. Furthermore, confidence can help to build rapport and trust – two things that are essential for a successful working relationship. Therefore, when considering asking for a raise, the conversation should be approached with confidence and an air of authority.
Asking for a raise can be a nerve-wracking experience, but it doesn’t have to be. According to Dr. Jordan Sudberg, if an employee feels confident in their work and has an excellent case, it’s time to ask for that raise.
Employees should always be respectful and professional when requesting a meeting with their manager and be prepared to discuss their accomplishments and future goals. With a bit of preparation and confidence, getting the pay increase one deserves is easy.