People focus too much on how they’re not getting paid enough and how much they think they should be getting paid in the immediate future. When they approach their boss about it, they go completely the wrong way. So, here are 9 tips that will get you that raise.
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1. Start preparing 2-3 weeks in advance.
Make a list of the positive and significant changes that you’ve helped to make over the course of that period.
2. Do not take pressure from your friends and family as a launching point for a raise.
You will get so flustered that you will go into the office and be sidetracked by your frustration. This is your decision.
3. Ask for more responsibility.
Demanding more responsibility from your job enables you to be paid more. If you say, “If I make you an extra five dollars, can you give me a dollar back?” Be patient.
A pay raise does not happen in one day. It is an evolving process that will take time. Simply going into the office and saying, “I’ve been here for ___ years, so I think that I should be making more money” is absurd.
4. Never make an ultimatum.
You are looking to grow within the company, not leave it. It’s a lot easier to find a new job within your company than to find a new job outside your current one.
5. Allow your supervisor to supervise/manage.
The harder you work for them, the harder they work for you in these moments.
6. Don’t argue. Negotiate.
The goal of negotiating is trying to understand what the other person wants from you as much as what you want from them.
7. Ask for feedback.
Ask for a path. “What do I need to do to make $10,000 more a year?”
8. Ask if you can follow-up.
Always ask if you can follow-up. If you are having the meeting on November 1st, ask to have a follow-up meeting 6 months from that date.
9. Ask for a formal review.
If your company does not have a formal review policy, ask for one.
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Quote of the Day: “Diplomacy is the art of letting someone else have your way.” – Sir David Frost
Song of the Day: "Money" by Pink Floyd
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*My latest book; "Living on Purpose: Stories about Faith, Fortune and Fitness that will lead you to an Extraordinary Life", is now available for pre-order! Click here!*
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