How/When To Ask for Salary Raises

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Throughout your career, you are definitely going to encounter a situation where you feel entitled to a salary raise but have not been offered one. Learning how and when to ask for a raise is the first towards taking control of one’s future and career. Unfortunately in these tough economic times, raises are not always freely given, in fact sometimes we feel like we are fighting for it. Capitalizing on successes and highlighting your ability to make a difference can often be parlayed in to raises. The trick is to know when to strike.

First, decide just when to ask for a raise. This can be tricky. Many employees opt to only ask for a raise on a yearly basis, but it is possible and sometimes even suggested, to ask for raises on a more frequent basis. When trying to determine the best time to ask for a raise, consider the following:

  1. Is your employer financially secure? Even if your company announce it’s earnings from the rooftop, it is generally possible to determine if they are secure or experiencing cash flow difficulties. Obviously asking for a raise when a company is strapped for cash is not a great idea.
  2. Has your employer recently won new business, reached a sales goal or other milestone? If so, it is often best to ask for a raise as soon as possible – especially if you contributed to the success.
  3. Have you recently done something to change your company in a positive way? Finishing a large project, winning a new client or developing a helpful program for the company can make you shine and is the best way to successfully ask for a raise.

Once you have determined the perfect time to ask for a raise, you next need to learn how to do so in an appropriate manner that is professional but also persuasive (minus the chocolates and sucking up). Remember to keep all communications regarding your request positive, and be prepared for a ‘no’ or an offer that is less than you expected.

When asking for a raise, remember that your best weapon is your record of successful accomplishments. Properly documenting and presenting them is critical towards a successful request. Carefully and concisely outlining your accomplishments as well as your growth is the first step towards asking for a raise.

Finally, always remember that professionalism is key. Because of this, it is vital that an employee not ignore the management structure of their organization. Every employee should first approach their manager or supervisor with their salary raise increase request. Jumping ahead is little more than stepping on the toes of the manager and will likely not result in a raise.

If you are not satisfied with cost of living or non-existent raises, don’t be afraid to approach your manager about your needs. An employee who recognizes their strengths and contributions and is willing to learn and grow is an asset to any organization – raises simply make sense. Find the best time to present your request and documentation and you will likely see your salary increase.





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Written by Erin Kennedy, MCD, CMRW, CPRW - Visit the website to hire executive resume writer Erin Kennedy, CERW, CPRW

Erin is an internationally renowned certified resume writer specializing in professional and executive level resumes and career services.

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Comments

6 Responses to “How/When To Ask for Salary Raises”
  1. Daniel Rose says:

    To reiterate the most important of your points, you absolutely must have a history of consistently excellent performance. Average performance won’t cut it. Without above average performance, how can you expect above average raises?
    .-= Daniel Rose´s last blog ..If you watch too closely- you don’t see the big picture =-.

  2. Joe Lavelle says:

    Great post Erin! I recommend that my clients discuss their raise expectations with their boss’s at the time that they are setting their annual objectives.
    .-= Joe Lavelle´s last blog ..Have You Experienced Office Burnout =-.

  3. On the other hand, it shouldn’t always be up to the employee to have to ask for a raise, should it? If it’s overdue and the employee is underpaid, shouldn’t the employer have some responsibility to keep the wages competitive?

  4. Moving quote says:

    Great article. I’m glad you provided a bulleted list on considerations we should keep in mind before asking for a pay raise. It’d be nice if you’d provided a summary on how to approach the subject though.

    Thanks again!

  5. Other employees are not adamant to talk to their bosses and just to ask if they can increase their salary. I know it’s a little bit awkward. Yet, maybe you can ask them if there is a salary increase since the company’s status is stable.
    On the other hand, the board of directors should know about this as well. No need for the employee to ask them because it’s there responsibility. If there is a salary increase , the employees will be more dedicated and motivated to work. It’s giving big opportunities for the competitive employees to stay in the company. They will think that their bosses are also giving some consideration to their efforts and achievements they are contributing in the success of the company. =)

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