When is the best time to ask for a pay raise

2024 Author: Malcolm Clapton | [email protected]. Last modified: 2023-12-17 03:44

Find out when, what time of year, and even what day of the week it is worth talking to your boss about it.

1. When you have new responsibilities

If you've been promoted, your immediate responsibilities changed, or someone else's job has been shifted to you, it's time to ask for a promotion. After all, now you will perform more tasks, which means that you should pay more. If you are in charge of an important large project, try discussing rewards for your efforts and time.

If your boss refuses you, gently hint that a new employee with such responsibilities would receive more from the beginning.

2. When you are successful at something

Feel free to ask for a raise if you have brought great benefits to the company, for example, signed an important contract or attracted many new customers. You are not asking for an increase in your salary just like that, there are significant reasons for this. You deserve it. It is important to feel that you are a truly valuable employee.

Tell us how hard you have worked to achieve this success. Reassure your boss that the promotion will motivate you to put in even more effort in the future.

3. After professional development

If your resume has added several lines in a series of achievements and skills, then this should be reflected in your salary. Be sure to discuss this with your supervisor.

4. Early autumn

It is necessary to ask for a salary increase before the budget is allocated. If you want to receive more from the beginning of the new year, ask for an increase in September.

5. Friday

If you bring your issue up on Friday, management will have time to think about it. In addition, on Friday, all employees are usually in a good mood.

6. In the morning

The manager may be more open to discussion in the morning, before there are any urgent tasks. However, you don't need to bump into him right from the doorway. Wait for him to get comfortable, drink coffee and answer a couple of emails. A great time to come up for a raise is around 11am.

7. When you have enough arguments

This is a prerequisite for such a request. Even if you ask for a raise on Friday morning, but don't prepare your speech, you are unlikely to get it. So think ahead of why you deserve a promotion.