Of course you deserve a raise. But you can’t just walk into your boss’s office and demand one. Here’s how to build a case your boss will buy:
• Compare your value. Use the Internet to determine market rates for employees doing the same work you do. Be sensitive to factors that may affect your organization’s ability to pay a competitive rate, though: A Fortune 500 company will have more leeway to offer top salaries than a small startup.
• Calculate your worth to the company. Show how your activity supports your organization’s bottom line. The more hard numbers you can share—sales revenue, productivity, customer satisfaction ratings, etc.—the better position you’ll be in.
• Express some enthusiasm. Talk about how much you like working for your employer. Don’t overdo it, or fake it—be sincere about future challenges so your manager doesn’t decide you’re more interested in cash than your career.
• Suggest alternatives. Your organization may legitimately not be able to increase anyone’s salary. If that’s the case, be ready with options, like working from home or taking on a special project that will develop your skills and prepare you for promotion in the future.
• Stay calm. Whatever happens, control your emotions. Throwing a fit if you don’t get your way won’t impress your manager.