This year brought many challenges for businesses with record-breaking unemployment rates and economic uncertainty. With its challenges, you may not know if it’s the appropriate time to ask for a raise. However, if you consistently work hard, meet deadlines, and increase your normal workload, requesting a higher salary may be possible. If you feel you worked above and beyond this year, it might be time to increase your salary. Read through our seven tips on how to ask for a raise and what to say for asking for it. Furthermore, learn the best practices on how to navigate through that tough conversation and ask for what you deserve.

7 Steps to Salary Success

1. Stay calm; You’re not unique

We know racking your brain on how to ask for a raise can spark anxiety. However, think about initiating it as just another conversation with your boss. If you feel you deserve an increase in salary, it means you put in significant effort and excelled beyond what your boss expected of you. Therefore, you should have good arguments to support your request. Remember other employees initiated the raise conversation; you are neither the first nor the last.

2. Prepare with a salary range or percentage increase

employees at desk working for raise

Know how much to ask for. If you don’t know how to increase your salary, base it off of mainly your accomplishments that affect the company as a whole. Additionally, give your boss perspective on what others in your position earn. Find jobs with similar requirements and show your boss how not only you excelled in your current role but in the requirements and skills listed in positions with higher salaries.

Always make sure you ask for a realistic number in accordance with what you do, the extra steps you take, and what your company can offer. If you work in the IT field and need some extra perspective, download our Salary Guide to help determine your salary expectations.

3. Communicate your accomplishments

After you learn how to ask for a raise, you should remember to communicate accomplishments regularly. Whether you fixed an issue with some tricky software or developed valuable new coding skills, your boss will appreciate your contributions to the company. Additionally, if you do communicate this, they could expect you may eventually approach them to ask for a raise.

Quantifying accomplishments will also help you prove your worth. Percentages and numbers provide more detail on what you have accomplished in your role.

Bad Example: Developed applications that decreased costs

Good Example: Developed application that annually reduced costs by 10%

Be sure to focus the conversation on all the positive ways that you impacted the company. Demonstrate that you made a commitment to the business and that you intend to keep up the hard work.

4. Practice what to say

You should go into your meeting knowing what to say when asking for a raise. Anticipate questions that your employer might ask and practice how to address them. Create a solid list of reasons why you deserve the raise. In addition, mention how the raise will motivate you to work even harder. If you prepare and practice aloud, you will also feel more comfortable and less nervous.

5. Think about your boss’ personality

Would they prefer something more visual, like a presentation with tables and graphs of how much money you have earned for the company? Or would they appreciate a more personal approach, like a simple one-on-one conversation?  Tailor your approach on how to increase your salary to what your boss would prefer in order to help communicate your reasons most effectively.

6. Anticipate the negative

No one likes being told “no.” However, if this is what happens when you approach your boss, try not to feel discouraged.

With the unprecedented challenges that occurred this year, take into consideration the financial health of your company. It may not the best time for the company to be giving raises to its employees. Let your boss know, however, that getting a raise is still your intention and to keep you in mind as you are a passionate, hard-working employee.

7. Work with a recruiter

If you worked with a recruiter to help land your current role, they would be a great resource when figuring out how to ask for a raise. They may lend some insight that can help determine if now is the right time to be pursuing a raise with your company.

If you can’t land a raise and you know that there is not much room for growth in your position, maybe it’s time for a change. At IT Resources, our team of recruiters can help direct you toward a job that’s aligned with your goals in mind. Get in touch today to see how we can help!