How To Ask For A Substantial Raise?

How to Ask for a Raise

  • First, know that it’s normal to ask.
  • Be emotionally intelligent about your timing.
  • If you’ve been doing excellent work for a year since your salary was last set, it might be time to ask.
  • Factor in your company’s raise and budget cycles, if necessary.
  • Know what your work is worth and start by researching online.

How much should you ask for a raise?

As a general rule of thumb, it’s usually appropriate to ask for 10% to 20% more than what you’re currently making. That means if you’re making $50,000 a year now, you can easily ask for $55,000 to $60,000 without seeming greedy or getting laughed at.

How do you ask for a raise if you are underpaid?

So when it comes to learning how to ask for a raise when you are underpaid, here are seven steps:

  1. Know Your Accomplishments. Focus on why you deserve it – not why you need it.
  2. Do Salary Research.
  3. Focus on the Future.
  4. Time Your Pitch Right.
  5. Keep it Short and Sweet.
  6. Practice Makes Perfect.
  7. Be Prepared To Hear No.

How do you ask for a raise example?

4. Prepare what to say

  • “Thank you for taking the time to meet with me today. In my current role, I’m excited to keep working towards key company goals and grow my personal responsibilities.
  • “Thank you for taking this meeting. I’m excited to share some of my recent accomplishments with you and discuss my salary.