Climbing the Ladder
How to approach your boss regarding a pay increase
You’ve worked hard, stayed late, came in early, gave up your Saturdays, took on extra projects willingly and completed them early. And now, after all this extra effort, you’ve decided it’s time to ask your boss for what you think is a well-deserved raise. Here’s how to go about it the right way:
Pick the right time!
If your company is struggling during these tough economic times, your odds of getting a raise are probably slim—it might be better to wait just a bit. Likewise, if your boss is having a busy day or a bad week, it’s generally a good idea to wait until their mood improves.
Be prepared!
Remember, bosses like to see results. Make a list of your achievements and be specific—you need to show your boss how your special talents and unique skills made good things happen in the office.
Ask for the right amount!
Sure, we’d all like to make six figures, but you do have to be realistic in your request. Hint: don’t ask for the minimum you’d accept in case your boss wants to negotiate. Ask for an amount that’s a little bit higher and give yourself just a bit of “wiggle” room.
Ask in the right way!
You want to be confident in your request, but you certainly don’t want to be obnoxious or overbearing. Don’t make your request a “take it or leave it” proposition because that can have long-range consequences (bosses have a way of remembering things well into the future!). Rather, remain flexible, cooperative and willing to put the needs of your company first.
If your boss unfortunately says “no,” a good trick is to ask what else you could or should be doing in your job to merit the increase you want. Maybe you could take on additional responsibilities, head up a new project, or learn how to do the job you’re already doing more efficiently and effectively.
Good luck in your request and enjoy spending your raise! Treat yourself to something special. After all, you deserve it!
Tell us how you went about asking your boss for a raise. How did it go?