Seeking a Raise - Introduction   »   Things to Consider   »   Preparing your plan   »   Taking Action

Seeking A Raise

Asking for a raise can be a pleasant and rewarding experience -- $cha-ching$. On the other hand, it can be a blow-out all the way to unemployment. Unfortunately, because no bosses are alike, there is no guaranteed formula to successfully ask for, and get, a raise.

Asking for a raise is a fine art requiring careful, prior, thought. Before getting down to the nitty gritty of actually approaching the boss and asking for a raise give this three-part process -- Things to Consider, Preparing Your Plan, Taking Action -- some consideration and decide what's best for your situation.

Things to Consider

  • What is the employer's policy on raises?
  • What are your reasons?
  • How long have you worked there?
  • How far are you willing to go?
  • What compromises would you accept?

Preparing your plan

  • Examine the company financially
  • Prepare some arguments
  • How have your contributions helped the company financially?
  • Compare local salaries
  • Rehearse

Taking action

  • Make an appointment
  • The Negotiations
  • Be prepared for feedback about your performance