In an ideal world, your boss would review your salary every few months and discuss the possibility of a raise. However in reality, many supervisors either never review or discuss your salary with you or do so sporadically, with long periods of time in between. If you feel like you’re making less money than you deserve, it is essential that you speak up. Many times, the secret to getting a raise is asking for one. This is much easier said than done, as sitting down with your boss or supervisor to ask for more money can be extremely intimidating. To make asking for a raise less stressful and feel more confident in doing so, follow OFFSITE’s tips.
Set up a Meeting
It may be more appealing to casually mention something about a raise to your boss in passing, as opposed to having a formal sit down discussion. However, it is imperative to set up a specific time to meet with your supervisor to discuss getting a raise. This will ensure that you have your boss’s undivided attention, as they set aside a part of their day to speak with you. It will also demonstrate that you are serious about getting a raise and are not afraid to take initiative.
Do Your Research
Make sure you go into your meeting with facts and figures prepared. In order to do so, you need to do some research. Look into salary information for your specific job title. Find national average salaries, average salaries in your area, and the median income in your field. Also, do not be afraid to talk to your coworkers openly about salaries. It may seem like a taboo subject to discuss, but not being open about numbers with your peers actually hinders the team because it doesn’t give them a point of reference or knowledge of what others at the same company make. If you do decide to ask your coworkers about their salary, make sure to approach it in a way that solidifies that you are asking for your knowledge and research, not out of jealousy. Knowing what your peers on similar levels make will give you leverage when discussing numbers with your boss and asking for a raise.
Revisit Your Resume
Since starting at your company or in your position, you have undoubtedly achieved accomplishments and learned skills that weren’t on your resume when you initially applied. Before meeting with your boss and asking for a raise, reflect on your time at your job. What have you accomplished? What have you made better? How have you added value to the company? Make sure to enter this conversation with a list of talking points that you would like to point out to make your case. This can either involve literally updating your resume and presenting it to your supervisor, or can just take form in a mental list of things you would like to acknowledge. Either way, this is your chance to really highlight your strengths, sell yourself, and convince your boss that you deserve a raise.