News

Actions

Taking Action: Asking for a raise

Posted
and last updated
We know asking for a raise is one of the hardest thing you do at work.
 
When you get passed over for an annual bump, it can be hard.
 
So, we're Taking Action for You with what you can do to get the money you deserve. 
 
It's happened to a lot of us, you expected a raise and it just didn't go through. So what happened?
 
"Typically it's going to be one of two reasons," career management consultant with Right Management Lee Silverstein said.
 
"Either it was because the organization, as the whole, had some financial challenges, didn't meet its objectives, whatever it may be," he said.  Or, it could be, "Performance based. Your performance didn't warrant an increase."
 
Regardless the reason, the first step to getting a raise is communication. 
 
You need to gather your courage and go talk to your boss.
 
But before you walk in, make sure you have a plan.
 
"Put together a 30, 60, 90 day plan of new value that you can bring to the organization and sit down with your boss and present it in that way," Silverstein said. 
 
When you're talking to your boss, be forward thinking.
 
"Don't focus on 'I did this for 10 years. I got this degree and this certification.' That's all what got you here, but help me clearly envision how my organization is going to be better because you're a part of it," Silverstein said. 
 
 Always remember to sell yourself.
 
"Think about why were you hired in the first place and the answer to that is the employer saw value in what you had to offer," Silverstein said. 
 
Finally, if you feel like you need to, start looking for a new job.
 
"It's always easier to land a new job when you have one, than when you don't," Silverstein said.
 
If you didn't get a raise due to your company struggling, you may be looking for a job in the future anyway.