Getting a Raise

Posted in Salaries & Benefits


 

Research your market value

Before your review, you should consult websites like salary websites, job postings and industry associations to know the salary range in your field.

Make your own evaluation

Before you ask for a raise, thoroughly review your accomplishments, credentials and skills. The best is to evaluate your own experience, skill sets, and contributions without comparing yourself to the other person. You should never ask for a raise because your car rental or you want to buy a house. This is just invites your boss to say no to your request.

Explain reasons

Build a business case for why you deserve a raise. If you think it might present a clearer picture, revise your resume to reflect your recent accomplishments. Consult salary surveys and research compensation trends. Is the labor market so competitive in your specialty or industry that your skills and abilities are more highly valued? When you meet with your manager, discuss your findings and ask to reevaluate your compensation level.

If you don’t get a raise

Ask to your manager what you need to accomplish to get a raise next time. Don’t complaint because he may never give you a raise.