I am just about to hit my second year mark with my employer and I think I deserve a pay raise. I have performed exceptionally well and taken on other roles and responsibilities in my department. How would you suggest that I go about asking for a pay raise at my annual review?
Dear, Ready for a Raise:
Congratulations on your two-year anniversary! From the sound of things, your employer is probably very happy to have brought you on board. Now that you have shined in your current role and offered to assist in different capacities, you most certainly should open the floor up for salary negotiations. As the old sayings go, “it doesn’t hurt to ask” and “you never know you can’t until you try.” Here are some things to keep in mind when asking for a raise.
- Make sure your timing is right. It is typically appropriate to ask for a raise after you have been at the company for at least a year. If you ask before this time, it may be premature and come off as pushy.
- Show your commitment to your job and the company day in and day out. Your manager will be impressed by your tenacity and loyalty to the team. This means… Show up on time each day. Don’t sneak an extra 15 minutes into your lunch hour. Don’t spend your time on Facebook or texting with your girlfriend during the work day. Don’t make jokes about how much you’d rather be in bed than at work. Even if you only do these things every now and then, your manager will notice and take it as a lack of commitment.
- Bring a list of projects or activities in which you had significant involvement to present to your manager. You want to show how valuable you are to your team and why you should be receiving increased compensation for your efforts.
- Similarly, bring a list of goals that you have accomplished and a list of those you wish to achieve in the future with the company.
- Do your research beforehand by looking at comparable positions in your area on sites like Payscale. You will go in knowing whether or not you are being low-balled or asking for far too much compensation.
- Come to your raise discussion with a goal salary in mind. If you have a number in your head, you will be more confident and set on achieving that rate.
- Be direct with your raise request. Do not beg for a raise or ask your manager if you deserve one. Be confident and proud of your accomplishments that have spurred you toward having this discussion.
These points will help you get off to a great start during your pay negotiations. With concrete proof of performance and confidence, a raise is more likely to come your way.
Check out this clip for a few tips on getting the raise you want:
Readers, what tactics have you used to ask for a raise? How nervous were you to bring up the subject on a scale from 1-10 (10 being “pulling your hair out” nervous)?
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