Don’t rush into your boss’ office just yet! I know that you really want to get it over quickly because you’re probably very nervous, but there are 3 things you need to do before you state your case. After you have done your due diligence, improved where necessary, it’s time to move to the next stage which is to research, prepare and execute. Dawn Rosenberg McKay an Author and Career Planning Professional, created 7 Steps for how to ask for a raise here are the first 3 steps.
Research
You want to stand before your boss with confidence as he or she may be staring directly at you with those sweltering eyes peering above the dark rimmed glasses. Therefore by researching the following will prove you to be competent.
1. Find out How Much Others Working in Your Field are Earning
The first thing you should do before you ask for a raise is learn about typical salaries in your field. You can get this information by using salary calculator tools like salary.com and looking at salary surveys. If you belong to a professional association, check with it to see if it has salary information available. Begin by looking at the organization's Web Site.
2. Figure Out How Much You Can Earn
Salary calculators and surveys generally present you with a range of salaries. You must determine where you should fit into this range. To do this, consider the number of years you've been working in the field and the length of time you've worked for your current employer.
3. Evaluate the Financial Health of Your Employer
If your employer is having financial problems this is not the right time to ask for a raise. As an employee, you are probably aware of your company's financial health, therefore, do some company research which includes looking at financial reports and pay attention to business news.
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