How to Ask for a Raise (Without Risking Your Job)

Fact: 70% of employees who ask for raises get some increase—yet only 37% actually ask. Don't leave money on the table.

1. The Research Phase: Know Your Numbers

Before any conversation, arm yourself with data:

• Market rate: Use Glassdoor or Payscale
• Your value: Quantify achievements (e.g., "Increased sales by 22%")
• Replacement cost: Calculate what it would cost to hire/train your replacement

Pro Tip: Research shows salaries are most negotiable 13-24 months into a role.

2. The Perfect Timing Strategy

Ask when:

• You've just completed a major project
• The company reports strong earnings
• Your manager is in a good mood (Tuesday/Wednesday mid-morning)

Avoid: Monday mornings, Friday afternoons, or during company-wide cost-cutting.

3. The Conversation Script

"I've really enjoyed contributing to [specific achievement] recently. Based on my research, the market rate for my role with these responsibilities is between [X] and [Y]. I'd love to discuss aligning my compensation with this value I'm bringing."

4. Handling Objections

If they say no:

• "Could we revisit this in 3 months if I achieve [specific goal]?"
• "Would alternative compensation like bonuses or stock options be possible?"
• "Could we discuss non-monetary benefits like flexible hours?"

5. The Follow-Up

If approved:

• Get the agreement in writing
• Confirm effective date

If declined:

• Schedule the next check-in
• Ask for specific metrics to hit

Remember: The worst they can say is no—and you'll be no worse off than before.

Key Takeaways

1. Research your market value first
2. Time your request strategically
3. Use factual, non-emotional language
4. Have backup options ready

You deserve fair compensation. Now you have the tools to ask for it.