4. Time the Conversation Wisely
If your company has been laying people off, you saw a poor quarterly report, or there is noticeable tension in the air about expenditures, now is not the best time to be asking for more money. Whether you deserve it is one thing, but whether the company can comfortably afford to pay you more is another. Time your asking for a raise around a more successful or profitable time.
5. Focus on the Positives
Avoid letting the conversation start with “I haven’t had a raise since…” or “I’m doing the work of two people…” While these may be true, you want to avoid focusing on the negatives or coming across as though you are complaining. Likewise, don’t make threats or ultimatums unless you are prepared to follow through with them. Instead, keep the conversation focused on your strengths, why you are an asset to the company, and why your employer should continue to invest in you.
Many people are intimidated by asking for a raise, and so they never end up having that conversation with their employer. But like I said, your employer will rarely approach you to give you more money! The worst that can happen is they deny giving you a raise. Then it will be up to you to decide what to do next. Depending on their reasoning, you can either decide to explore career opportunities elsewhere or you’ll leave the meeting armed with feedback and information on how to accelerate your growth within the company.