Know Your Worth: How To Ask Your Boss For The Pay Rise You Deserve

It is one of the most difficult conversations to have with your boss: asking for a pay rise. You know you deserve it, you are always on time, never sick, go that extra mile and are much more worth than what you are earning at the moment.

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 Speaking up for yourself, when you know you deserve it, can be one of the most difficult things to do. Especially when asking for a pay rise, it is important that you are prepared for a ‘no’ and make sure your timing is right. In case you have the ‘big’ talk coming up, CGD gives you 5 tips that will hopefully increase your chances for getting the pay raise you deserve.

#1 – Do your research

What is an appropriate rise to ask? Don’t be unrealistic in your request and do research on how much someone with your experience and knowledge should earn. Glassdoor is a good website to use, here you can see what people in similar positions and companies earn.

Also do your research on the company your work for and the specific department. How is it with the targets, how are the annual statements. It is unrealistic to ask for a pay rise when the company is doing bad and targets are not being reached.

#2 – Know your worth

Be rational, not emotional. You know your background, experience, knowledge and motivation and therefore you should know what you are worth! Especially when you have done your research on how much you should earn, be confident.It is also important that you don’t ask but propose and always backup why you should get a pay rise. Good advice from Pavita Cooper, co-founder of executive search firm ElliottCooper Partners: “Be prepared with the right data and document your achievements — especially all the additional activities you’ve been involved in. If your company doesn’t use a 360 feedback process, capture your own informal feedback from colleagues”.

#3 – Time your request

Timing is everything! You need to know when pay rises are normally granted in the company you are working for. Is it during, in the middle, end or at the anniversary of your start date? If you know when it is, ask weeks beforehand, asking the day itself is already too late.

If you know a review is coming up, try to discuss a possible pay raise before your meeting. This way your boss or manager can take you question into consideration and prepare before your official meeting. Most of the times, when you ask during your review, you will need to wait for your next review before they can or will discuss your proposal.

#4 – Do it face-to-face

Yes, it way more comfortable and less scary to do it over e-mail, but please don’t! Schedule in an appointment with you boss and come prepared. It is a discussion that needs to be done in person. Don’t be shy and practice beforehand with a friend or family member.

“I encourage women to see it less about money (which feels embarrassing) and more about valuing their worth.” – Pavita Cooper

#5 – Prepare yourself for a ‘no.’

Even though, you had an amazing proposal that you think no one can refuse, prepare yourself for a no. Don’t feel discouraged when this happens, use it as a motivation, and use the feedback why they didn’t give you the pay raise. But never be satisfied and work on the feedback.

 What is your experience with asking for a pay rise? Leave us a comment and don’t forget to follow us on Facebook and Bloglovin to stay up-to-date with everything us CGD girls are up to, and be the first in the know with our amazing giveaways and behind the scenes articles!

Credit: Forbes, Carrieretijger, Standard & Levensgenieter

Featured picture: The Devil Wears Prada

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