Your job is your livelihood. For many it’s your only source of income and sets your standard of living. Unfortunately people don’t always earn what they’re worth, but that doesn’t mean you can’t ask for a raise to increase your income. The number one rule when asking for a raise is to pick the perfect time. It’s important to book a meeting with your boss and prepare to present the case as to why you deserve a raise.
Here are six steps to asking for a raise:
Prove your worth
If you want to ask for a raise then you’ll need cold, hard proof as to why you’re worth it. Keep records of all completed work, professional workplace committees and organizations you belong to, examples of times you went above and beyond as well as any positive feedback from co-workers. This will help show your boss that your work warrants an increase in salary.
Granting a salary increase request takes time because managers need to submit the request to human resources and obtain the appropriate approvals. Employees need to be patient and understand that giving a raise isn’t as easy as ask and thee shall receive. During an annual performance review when your accomplishments over the last year are being brought into the spotlight is a good time to also discuss the corresponding rate of pay.
Talk about it with your boss
Open communication is an important part of being successful in the workplace. The last thing you want to do is blindside your boss with a request to take a cut out of their budget. Set feelers about your work history and accomplishments over a couple of months. If you do so asking for a raise won’t seem like a total shock to your manager – who knows, they may even bring it up before you do.
Ask for more responsibility
Promote yourself. Asking for additional responsibility shows both dedication and a strong work ethic. Applying for a new job with more responsibilities is one way to negotiate your salary, the other way is to talk to your boss about adding additional duties to your current role – and of course the salary that goes with it.
Discover a need
Employees can create their own dream job by finding a solution to a demanding need in the workplace. Basic economics are all about supply and demand. If you want to ask for a raise supply the need for the demand. If you’ve worked on a project that had room for process improvement or are aware of a service that could be more efficient, talk about it with your manager. They may be unaware of the situation and will be thankful that you understand it enough to bring forth ways to improve.
You know you deserve a raise for all your hard work. Now it’s time to show your boss why you’re worth it. When you book a meeting with your boss make sure you’re prepared, have proof to back up your reasoning and most importantly be confident. After all you’re about to convince your boss that you deserve a raise – because you do.
This article was written by Ginger Dean from Forbes and was legally licensed through the NewsCred publisher network. Please direct all licensing questions to firstname.lastname@example.org.