How To Ask For A Raise

Don’t get shot down when you ask for a raise using these tips from Claudia Ferryman, president of the Rainmaker Strategies Group.

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1. Know What You Want

Assess your ask. Do you want cash, or could more vacation time or a free parking spot sweeten the deal?

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Before the meeting, shore up your confidence by making a list of your accomplishments and skills.

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Find out what people with your position are paid at comparable organizations.

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Don’t wait until your performance review, because by then it’ll be too late to change your boss’s mind.

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Start with 10 per cent more than what you’re seeking, and prepare to negotiate down from that number.

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Share how much you love working with the organization.

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Keep tone conversational, using “we” when appropriate to create common ground.

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Originally Published: April 26, 2013