Should You Get a Raise Every Year?

Negotiate My Salary Should You Get a Raise Every Year?

Should You Get a Raise Every Year?

A lot of work, time, and effort go into our careers. After some time, it is customary to wonder how often you can ask for a raise, especially as inflation pushes the cost of living higher and higher. 

Should you get a raise every year? In a perfect world, yes. And maybe you might get raises more often than that. But the world isn’t perfect. So you might need to aggressively chase that annual pay raise.

How often you should get a raise is only the beginning of the questions you might have. The other questions probably include when to ask for a raise and how? Should you negotiate your salary, and how much of a raise should you expect? Should you negotiate your salary in person, via email, or over the phone?

Although you know you deserve the best salary possible, negotiating raises is confusing and intimidating. Luckily, DoNotPay is here to help!

Reasons to Ask For a Raise Every Year

There are a lot of reasons you might think you deserve a raise. Some common reasons include:

InflationAs the cost of living rises, so should your salary. If you believe your compensation is not in alignment with inflation, it might be time to ask for a raise.
You Aren't Being Paid Market ValueIf you discover you are being paid under others in your role, it is a good indicator that you should negotiate your salary. Websites such as Monster.com or Indeed.com can help you determine the median salary for your position in your area.
You Take on More ResponsibilityYou might take on more responsibilities over time. It would be best to negotiate your salary to ensure you are compensated for everything you do. 
You Achieve a Goal or are High-PerformingIf you win an award or consistently make more than your sales goals, it is reasonable to ask for a raise.
You Get a PromotionA title change, especially a promotion, should earn a different salary.
An Annual RaiseIt is customary for a significant percentage of companies to reward raises after a specific amount of time.

Should You Ask for a Raise Every Year?

While specific achievements and reasons might cause you to ask for a raise more often, you might wonder if you should get a raise every year. The answer isn't wholly black and white, but it is generally acceptable to ask for a raise annually.

If your employer doesn't bring the subject up, there are several good times to ask, including:

  • Annual performance reviews
  • When you complete a milestone anniversary (five years, 10 years)
  • When the company has terrific sales
  • When you’re asked to train others

How to Ask for a Raise on Your Own

Once you decide you want to ask for a raise, doing so in an appropriate fashion is essential. You have several methods of communication to choose from to process the raise request.

By Email

Sometimes an email is the best way to ask for a raise because it gives your superior space and time to consider your request. To do so, follow a few steps.

  1. Request a meeting to discuss your salary.
  2. State why you believe you deserve a raise.
  3. List your achievements and qualifications.
  4. List any additional roles you have taken on and how your value to the company has increased.
  5. End with your appreciation for your role and the company.

In-Person or Over the Phone

If you feel that you can verbally express yourself better in person or over the phone, using an email to ask for a raise might not be for you. Like negotiating your salary over email, vocalizing your request requires thoroughness and tact.

  1. Ask your manager if they have some time to spare for a quick meeting.
  2. Clearly state that the meeting is in regards to your salary.
  3. Be prepared with numbers and facts that back up your reasoning for asking for the raise.
  4. Express your satisfaction and appreciation for your job while staying clear that you would like increased compensation for your role.

Use DoNotPay to Ask For Your Annual Raise

If you haven't received your annual raise but feel you deserve it, asking your employer can be daunting. Luckily, DoNotPay will help you request the yearly raise you deserve in a few simple steps.

  1. Search “negotiate my salary” on DoNotPay.

     

  2. Enter the name of your company and the industry you work in, so we can find the right wage statistics for your role.

     

  3. Answer a series of questions regarding your qualifications and achievements, relocation expenses, and other job offers if applicable.

     

  4. Enter the new base salary you would like to request.

     

That is all you have to do! After taking the initiative with DoNotPay, you can sit back and relax, knowing your raise request is taken care of.

What Else Can DoNotPay Do?

DoNotPay isn't only here to help you with your salary negotiations. We help make your life simpler across various topics, so you have the time and energy to focus on what is important to you. Here are just a few of the features DoNotPay offers:

To find out even more ways DoNotPay can help you, go to DoNotPay.com today.

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