When to Ask for a Raise?
You may be happy in your job, but you would still like to earn a higher salary. Who wouldn't? But when is a good time to ask for a raise?
Most of us are reluctant to ask for a raise. After all, nobody wants to be told, "No." There is a lot to consider. When did you last get a raise, and how often should you get one? What is the best way to negotiate your salary and how much of a raise should you ask for? There is an app that can help, check out DoNotPay.
Why It May Be Time for a Raise
There are many differing opinions about when to ask for a raise. No doubt many employees prefer them more frequently and some employers think less frequently is fine. Some thoughts on when it might be time for you to get a raise includes:
|Cost of Living||When inflation starts knocking at the door, you could easily need and warrant a raise. Whether you work for a large company or small, the top brass should take a look at a universal raise for employees when times get tough. This usually equivocates to a specific percentage of any individual's pay, say 3-5%.|
|Minimally Once Per Year||Everyone deserves a raise at least once per year as long as their work is up to standard for the company. If your work is not, human resources should have already addressed this with you. If it has been more than one year since your last raise, it is time to negotiate one.|
|A Raise Speaks More Than a Pat on the Back||While an "attaboy" may make you feel good, a raise will make you feel even better. If you have been excelling in your position for a while without financial recognition, you may want to point that out.|
How Should You Ask for a Raise?
Many of us procrastinate over asking for a raise. Why? Chances are, you are not going to lose your job because you ask for a raise. Of course, if you ask and don't get one, you will likely be angry. But, if you feel you deserve one and haven't received it, then it is time to ask. So, how will you ask? First, you have to have all of your ducks in a row. You need to have a valid answer for why you deserve a raise. Some examples could include:
- Your yearly anniversary with the company has come and gone, yet you are always punctual and get your work done
- You have made several positive contributions to the company allowing it to take on more work and increase its earnings
- You have received a promotion but without a higher salary
- You have undertaken more work without a promotion or salary increase
- Salaries in other similar companies are higher than yours for the same resp workload
Once you are armed with the proper ammunition, you can ask for a raise. Here’s how:
- Set up an appointment with your boss or human resources
- Send an email out to the appropriate person
- Call them and discuss it over the phone
Be prepared for the question, "How much of a raise do you think you deserve?" Do your research, and yes, it takes time. Check out similar job opportunities and how much they pay. You need to be prepared to negotiate your salary whether through email or in person.
It can be difficult to toot your own horn, but you have to have your facts lined up to do just that.
How to Get Help to Ask for a Raise
Yes, you can get help. Take a look at DoNotPay. DoNotPay can look up wage statistics for you. The app will ask you a few questions and help you decide how much of a raise to request and how to go about it. Just follow these four steps:
- Search “negotiate my salary” on DoNotPay.
- Enter the name of your company and the industry you work in, so we can find the right wage statistics for your role.
- Answer a series of questions regarding your qualifications and achievements, relocation expenses, and other job offers if applicable.
- Enter the new base salary you would like to request.
After you successfully learn when to ask and get a raise with the aid of DoNotPay look at what else the app can do for you.
DoNotPay Can Help Fix a Lot of Problems
DoNotPay can help you with issues in the workplace, issues at home, and dealing with government entities. For example:
- DoNotPay will help fight workplace discrimination.
- DoNotPay can cancel subscriptions and services you no longer use.
- DoNotPay may be able to reduce your property taxes.
- DoNotPay can help you fight a parking ticket.
Ready to learn more? Take a look around the DoNotPay website. Once you sign up, you can make use of any of the app's services all from your phone or your laptop. What are you waiting for? Start taking positive action in your life with DoNotPay.