You’ve been out performing your colleagues for months.
You’ve put in long hours, hit all your target numbers….& you know that you could easily get another job making more money
. ” The best time to ask for a raise is now. If you have completed a major project, your company just landed a new contract or you have an upcoming annual review, it’s time to start preparing for a conversation with your boss.” ( excellent article by Hannah Morgan, U.S. News & World Report, )
Speaking as a former corporate recruiter, TYPICALLY salary increases occur during an annual performance evaluation. Out-of-cycle salary increases can occur to recognize permanent, newly added additional duties which are substantive in nature, to address documented salary equity issues including those caused by the salary of a newly appointed employee within a work unit or address job equity in comparison to market or “labor market.”
Best way to do it?
✦ Do your research & know your market value
✦ Quantify your RESULTS.
✦ Avoid using words like: believe, feel, think, might
✦ Know that you might not get an answer right away Just remember, a Salary(dot)com survey found NO employers — that’s zero % — reported demoting or firing an existing employee simply for asking for a raise.
I’m a former corporate recruiter and industry “insider” who got tired of seeing talented high-achievers get passed over for opportunities because they did not have the right marketing documents or know how to position themselves in interviews. I have relocated multiple times across the country as a “trailing spouse” and have had to execute job searches in completely cold markets (where I literally knew no one!)
I have been named a LinkedIn Top Voice in the career space in 2019, HR Weekly’s Top 100 Most Influential People in HR, named the owner of the “best resume writing firm for experienced executives” by Balance Careers and a “top follow” by JobScan in 2019 and 2020.
I hope you enjoy reading this blog post.
If you want to get career advice, just book a call.