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Asking for a Raise . . . and Getting It!

Asking for a raise strikes fear in the hearts of many. It’s almost like being a kid again and asking your parents for money or a toy. Or to spend the night at a friend’s house. You’re afraid of the word "no."


Don’t let this common fear get the best of you. If your work performance reflects that you do a good job, don’t ever be afraid to ask for an increase in pay. Your best plan to approach your boss or manager about a raise is: Be prepared. Have a "cheat sheet" put together prior to the meeting. The "cheat sheet" should list all your accomplishments, preferably things you have achieved that are beyond the every day expectations of your job. For instance, if you started a book club at work to read the latest business books, mention that. If you are the first to volunteer for projects, list those projects. If a suggestion you made saves the company money or makes them money, shout that out. These are all things you’ve done beyond what you needed to. Be proud to share them when it comes to asking for a raise.


Things to remember:

  • Be prepared to "sell" yourself and your achievements when asking for a raise.
  • Remind your boss about your dedication and loyalty to improving the company overall.
  • Don’t feel shy or embarrassed about asking for more money when you deserve it. It’s a business. If you have contributed, you have a right to compensation.
  • If things don’t go as well as you wanted, you can continue to prove yourself for next time. Or you can consider a career change or even going back to school.
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