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How to Ask for (and Get) a Raise

How to Ask for (and Get) a Raise

Money

    Asking for a raise can be a fearsome experience. If you’re like most people, you worry that asking for more will make you appear uncommitted. Or that you’ll be talked into settling for what you’ve already got. Or even that you’ll be seen as greedy if you ask to be rewarded well for work you do well.

    “The first thing that people associate negotiation with is buying a car,” says career coach Malcolm Munro,”and so they’re always afraid that they’re going to get screwed.” What’s more, he says, the people that usually are most deserving of a raise are the people that are least comfortable singing their own praise.

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    And singing your own praise is important. In the end, getting a big raise boils down to three simple steps:

    1. Be worth more,
    2. Demonstrate your worth, and
    3. Ask for the raise.

    The clearer you are about your value and accomplishments, the more likely your boss is to give you that raise.

    Be worth more.

    If you’re not already regularly doing more than you were hired to do, start. Take on new responsibilities whenever possible. Build skills outside of work, by taking courses or reading extensively or attending seminars. Make yourself too valuable to lose!

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    Your value to your company is based on how well you do these three things: solve problems, increase profits, or create and cultivate relationships. Make sure that everything you do at work does at least one of these things.

    Demonstrate your worth.

    A raise, especially a big one, is an important business decision; treat it like one. Start planning now for the raise you want six months from now. Munro recommends keeping an “achievement journal” listing all your accomplishments on the job. The biggest mistake an employee can make, he says, is asking for a raise without planning it out. You’re unlikely to be well-prepared on the spur of the moment, and most likely to come off as opportunistic, disloyal, or greedy.

    If you’ve been tracking every way you’ve saved or made your company money, every big client or partnership you’ve created, every inter-office dispute you’ve had a hand in settling — in short every way that you’ve made your company better off — you can make a clear business case why you should be paid more. Employers and managers won’t respond much to your sense of fairness, but show that you are clearly an important asset and you can count on a positive response.

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    Ask for the raise.

    The best time to ask for a raise is during your normal review, says Munro. If your company doesn’t do formal reviews, make an appointment with your direct supervisor to discuss your performance. Bring your records of everything you’ve done to add value, go over your accomplishments, and then bring up a salary increase. “Once they’re in the habit of saying ‘yes’,” advises Munro, “then you ask for the raise.”

    As you approach your review, it can really help to find a “champion”, someone who can sway proceedings in your favor. Bill Adler, author of How to Negotiate Like a Child, suggests you approach someone at or above your immediate boss’ level, mention that you’re planning to ask for a raise, and ask if they have any advice. Once you’ve sold yourself to them, let them sell you to your boss.

    Don’t make threats, even if you’re ready to leave for a better offer. Instead, advises Adler, just lay out your case. “Come in prepared to describe all the things you do”, says Adler, and let them imagine the consequences for themselves. Threatening to leave if you don’t get your raise will not only sour the negotiation, it may well spoil your whole relationship with your company. Extortion is not a winning strategy in the long run: if they give in now, your employers will think, what will happen in six months or a year?

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    In order to thrive, both you and your employer should gain something from your relationship. If you can make a strong business case for a higher salary, most employers will almost certainly work with you. If you follow these tips and think ahead, you’ll be able to approach your boss with confidence and without fear, knowing that you are worth more and that your company will see that.

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    Last Updated on September 17, 2018

    Why Do I Have Bad Luck? 2 Simple Things to Change Your Destiny

    Why Do I Have Bad Luck? 2 Simple Things to Change Your Destiny

    Are you one of those people who are always suffering setbacks? Does little ever seem to go right for you? Do you sometimes feel that the universe is out to get you? Do you wonder:

    Why do I have bad luck?

    Let me let you into a secret:

    Your luck is no worse—and no better—than anyone else’s. It just feels that way. Better still, there are two simple things you can do which will reverse your feelings of being unlucky.

    1. Stop believing that what happens in your life is down to the vagaries of luck, destiny, supernatural forces, malevolent other people, or anything else outside your self.

    Psychologists call this “external locus of control.” It’s a kind of fatalism, where people believe that they can do little or nothing personally to change their lives.

    Because of this, they either merely hope for the best, focus on trying to change their luck by various kinds of superstition, or submit passively to whatever comes—while complaining that it doesn’t match their hopes.

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    Most successful people take the opposite view. They have “internal locus of control.” They believe that what happens in their life is nearly all down to them; and that even when chance events occur, what is important is not the event itself, but how you respond to it.

    This makes them pro-active, engaged, ready to try new things, and keen to find the means to change whatever in their lives they don’t like.

    They aren’t fatalistic and they don’t blame bad luck for what isn’t right in their world. They look for a way to make things better.

    Are they luckier than the others? Of course not.

    Luck is random—that’s what chance means—so they are just as likely to suffer setbacks as anyone else.

    What’s different is their response. When things go wrong, they quickly look for ways to put them right. They don’t whine, pity themselves, or complain about “bad luck.” They try to learn from what happened to avoid or correct it next time and get on with living their life as best they can.

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    No one is habitually luckier or unluckier than anyone else. It may seem so, over the short term (Random events often come in groups, just as random numbers often lie close together for several instances—which is why gamblers tend to see patterns where none exist).

    When you take a longer perspective, random chance is just . . . random. Yet those who feel that they are less lucky, typically pay far more attention to short-term instances of bad luck, convincing themselves of the correctness of their belief.

    Your locus of control isn’t genetic. You learned it somehow. If it isn’t working for you, change it.

    2. Remember that whatever you pay attention to grows in your mind.

    If you focus on what’s going wrong in your life—especially if you see it as “bad luck” you can do nothing about—it will seem blacker and more malevolent.

    In a short time, you’ll become so convinced that everything is against you that you’ll notice more and more instances where this appears to be true. As a result, you will almost certainly stop trying, convinced that nothing you can do will improve your prospects.

    Fatalism feeds on itself until people become passive “victims” of life’s blows. The “losers” in life are those who are convinced they will fail before they start anything; sure that their “bad luck” will ruin any prospects of success.

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    They rarely notice that the true reasons for their failure are ignorance, laziness, lack of skill, lack of forethought, or just plain foolishness—all of which they could do something to correct, if only they would stop blaming other people or “bad luck” for their personal deficiencies.

    Your attention is under your control. Send it where you want it to go. Starve the negative thoughts until they die.

    To improve your fortune, first decide that what happens is nearly always down to you; then try focusing on what works and what turns out well, not the bad stuff.

    Your “fate” really does depend on the choices that you make. When random events happen, as they always will, do you choose to try to turn them to your advantage or just complain about them?

    Thomas Jefferson is said to have used these words:

    “I’m a great believer in luck and I find the harder I work, the more I have of it.”

    Ralph Waldo Emerson said:

    “Shallow men believe in luck. Strong men believe in cause and effect.”

    Your luck, in the end, is pretty much what you choose it to be.

    Featured photo credit: LoboStudio Hamburg via unsplash.com

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