Your palms are sweating, your heart is racing, and suddenly your words are twisting and falling out of your mouth. Why do you think you deserve a raise? How could you possibly be so bold as to ask for one? Take a deep breath. You earned that financial boost and we are going to help you prepare for it.
Conduct Research
This is going to require self-honesty. How long have you been working full time in your current position? Do you have previous experience? Take note of your experience level and then hop online to compare your salary to your peers in the same role. If you are below the average salary, you already have data on your side.
Document Achievements
If you aren’t already keeping a list of achievements, start one today. This will help you in future interviews, add quality to your resume, and act as a list of speaking points when you ask your manager for a higher salary. If your list isn’t robust enough to form a strong case for the value you bring to the company, press pause and have the conversation after a few additional projects. It typically takes 1-2 years to contribute enough value for a raise.
Lead the Conversation
Once you are fully prepared and confident that it is time to ask for a raise, schedule time with your supervisor for the discussion. Keep in mind that your supervisor has been in your position and understands that it takes courage to approach the topic. At the end of the day, you are both professional adults trying to make your mark in the industry.
You can do it!