Everyone wants to make a little more money. This usually comes in the form of a promotion or raise, which can range anywhere from a 1% bump to 50%, depending on your boss, industry, performance, etc.
But the problem is that most people don’t like asking for a raise. They may feel like they’ve earned it, but either don’t know how to ask, are intimidated by their boss or just can’t prove they’ve earned it.
To fix those problems, here are some tips on asking your boss for a raise.
Prove You’ve Earned It
The reason why most people are so nervous is they don’t have anything documented to prove their performance over the last year. They may be the best person on the team but if they don’t have anything to back up their claims, it’s just noise in the sea of other people trying to get promoted.
Try to get documentation for all the good things you’ve done since joining the company. If that’s too much, focus on the last 12-24 months. These might be praises from clients or senior management, huge sales or solving a major problem.
The key thing to remember is that if it wasn’t recorded, it never happened!
Make Sure the Boss Knows You
Depending on your organization, your boss may be in charge of one person or thousands. If you’re just one of many, you have to work harder than normal to make sure your boss knows you.
Make an effort to get face time with the boss. If he’s a social person, chitchat with him about his family and what he does for fun. If he’s all-business, try to take on some of his projects to give him breathing room.
The point is to stay at the forefront of your boss’s mind. You want him to instantly think of you when he considers giving a raise to somebody.
Make Your Boss Look Good
Helping your boss with his work is one thing- making him look good in the site of his boss, your peers and your clients is another.
If your boss is giving a presentation, help them make it outstanding. That may come from letting him practice and giving feedback, adding great information and charts to the slides, or just letting him bounce ideas off of you.
If they have to submit a certain report, do your best to make sure the report is not just delivering what’s required, but also anything else that can help make your boss look like an all-star.
If you can help your boss get to the top, there’s a good chance they’ll bring you with them!
When someone is asked for mentorship, they’re usually greatly honored. That’s because becoming a mentor not only means you’ve succeeded in something, but it also means someone else holds you in high regard. Plus, it makes the mentor feel good knowing that they’re positively affecting the life of the person they take under their wing.
There are a few ways to do this. One way is to take your boss to lunch, and ask them about how they achieved so much success. Another is to ask for their advice on a regular basis. Not just about work, but about life as well.
Show your boss that you value your opinion, and they’re more likely to give you a promotion or a raise.