How To Ask For A Raise
Do Your Homework
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Find out the value of your job: how much are people in your position, with your experience, being paid.
Check on the internet. The internet is an amazing source of information about salaries. In addition to looking for your job in your area, take a few moments to look at salaries for jobs you can do in areas you'd also consider living in. If there's a really big difference, this may be the time to start considering a move. Some sites at which to start:
- www.salary.com : You can get a basic report for free or a more detailed personalized reports for $29.95 ($79.95 for executives). Data is from employers.
- www.acinet.org has salary ranges for almost 500 occupations and can perform free detailed searches.
- www.payscale.com obtains data from users. Free report allows research up to 4 job descriptions.
- www.jobnob.com offers actual salaries of current employees.Company does not say where information comes from.
- U.S. Dept of Labor/Bureau of Labor Statistics at www.bls.gov/oco has detailed job descriptions and links to industry specific organizations.
- www.CareerInfoNet.com has information by state.
Ask people who work for competitors.
Speak with outside recruiters or employment agencies.
If you're a professional, consult a professional association.
Ask co-workers their understanding of what people in your position with your experience are getting paid. Don't ask what they are getting paid. You won't know if they are inflating their income or not. Your employer may also have a policy against people discussing their salary.
Create a list of all you've done since your last raise.
Particularly think about what you've done that has improved your employer's efficiency and profits.
If you've been part of a team, in addition to describing the team accomplishments, include how you helped the team beyond the average team member.
Prepare mentally.
You are ready for this raise.
You deserve it.
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