How to have the raise conversation

So you’ve been at your company for a while. Maybe a whole year now. That’s awesome! And you feel you deserve a raise, but you feel awkward asking for it, and I totally get. Money talk can be uncomfortable. So here’s what you do:

1) Understand your value

Before you even reach out to your manager to schedule your raise convo you need to understand the value you bring to the company. How have you helped the company grow? What have you contributed? If you have quantifiable achievements you can point to, this will help you get that raise. Just staying with the company and doing what you’re told isn’t exactly raise-worthy.

2) Don’t threaten to leave

Your reason for getting a raise should NEVER be “Well I’m just gonna leave if you don’t give me more.” If that’s the case, you’re only in it for the money. And maybe you are just in your job for the money. That’s okay. But that’s not a case for a raise. It’s more of a case for your employer to find someone else.

3) Understand the pay rate for your position

Pay rates will vary based on how large or small your company is (startups can’t pay as much as large corporations that have been around a while), but do your research and understand what someone with your experience level in your position should be making. That way you don’t ask for a raise that’s ridiculously high. You can get information like this from recruiters - we know the market and are tapped into all of the trends and intel.

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