{"id":8241,"date":"2019-05-14T20:37:31","date_gmt":"2019-05-15T02:37:31","guid":{"rendered":"https:\/\/www.personalfinanceforbeginners.com\/?p=8241"},"modified":"2019-05-17T13:55:04","modified_gmt":"2019-05-17T19:55:04","slug":"how-to-ask-raise-work","status":"publish","type":"post","link":"https:\/\/www.personalfinanceforbeginners.com\/how-to-ask-raise-work\/","title":{"rendered":"How to Ask for a Raise at Work"},"content":{"rendered":"<p>Is it time for you to ask for a raise at work?<\/p>\n<p>If you\u2019re like most people, your job is your primary source of income. In fact, unless you\u2019re working multiple jobs or \u201cside hustling,\u201d your day job is probably your <i>only<\/i> source of income.<\/p>\n<p>As such, getting a raise at work is a critical part of your financial equation.<\/p>\n<p>At the most basic level, improving your financial situation depends on your ability to do two things:<\/p>\n<ol>\n<li>Spend less<\/li>\n<li>Earn more<\/li>\n<\/ol>\n<p>Most people choose to focus on <a href=\"https:\/\/www.personalfinanceforbeginners.com\/mennonites-frugal-living\/\">frugal living<\/a>. Learning how to spend less money can help your hard-earned dollars go further.<\/p>\n<p>But let\u2019s face it. At some point, it\u2019s easier to earn another dollar than trim one from your budget.<\/p>\n<p>So what\u2019s the best way to start earning more money?<\/p>\n<p>While there are many <a href=\"https:\/\/www.personalfinanceforbeginners.com\/side-hustle-benefits\/\">benefits to side hustling<\/a>, it often takes months \u2013 or even years \u2013 of hard work before a side hustle starts earning a significant amount of income.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_49 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Jump to...<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"ez-toc-toggle-icon-1\"><label for=\"item-647a0cb8bde19\" aria-label=\"Table of Content\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;direction:ltr;\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><input  type=\"checkbox\" id=\"item-647a0cb8bde19\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-visibility-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.personalfinanceforbeginners.com\/how-to-ask-raise-work\/#How_to_get_a_raise\" title=\"How to get a raise\">How to get a raise<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.personalfinanceforbeginners.com\/how-to-ask-raise-work\/#Recognize_that_it%E2%80%99s_okay_to_ask\" title=\"Recognize that it\u2019s okay to ask\">Recognize that it\u2019s okay to ask<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.personalfinanceforbeginners.com\/how-to-ask-raise-work\/#Find_relevant_salary_data\" title=\"Find relevant salary data\">Find relevant salary data<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.personalfinanceforbeginners.com\/how-to-ask-raise-work\/#How_much_to_ask_for_a_raise\" title=\"How much to ask for a raise\">How much to ask for a raise<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.personalfinanceforbeginners.com\/how-to-ask-raise-work\/#Make_yourself_irreplaceable\" title=\"Make yourself irreplaceable\">Make yourself irreplaceable<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.personalfinanceforbeginners.com\/how-to-ask-raise-work\/#Get_credit_for_your_accomplishments\" title=\"Get credit for your accomplishments\">Get credit for your accomplishments<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.personalfinanceforbeginners.com\/how-to-ask-raise-work\/#Know_what_to_say_when_asking_for_a_raise\" title=\"Know what to say when asking for a raise\">Know what to say when asking for a raise<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.personalfinanceforbeginners.com\/how-to-ask-raise-work\/#Accept_new_responsibilities\" title=\"Accept new responsibilities\">Accept new responsibilities<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.personalfinanceforbeginners.com\/how-to-ask-raise-work\/#Find_the_right_time_to_ask\" title=\"Find the right time to ask\">Find the right time to ask<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.personalfinanceforbeginners.com\/how-to-ask-raise-work\/#Understand_that_they_may_say_no\" title=\"Understand that they may say no\">Understand that they may say no<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.personalfinanceforbeginners.com\/how-to-ask-raise-work\/#Get_the_raise_%E2%80%93_and_celebrate\" title=\"Get the raise \u2013 and celebrate!\">Get the raise \u2013 and celebrate!<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.personalfinanceforbeginners.com\/how-to-ask-raise-work\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"How_to_get_a_raise\"><\/span>How to get a raise<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>If you\u2019re serious about increasing your income as quickly as possible, then learning how to ask for a raise at work should be a top priority.<\/p>\n<p>In this post, you\u2019ll learn ten steps that will teach you how to ask for a raise at work.<\/p>\n<p>Don\u2019t worry, many of these steps are things you\u2019re already doing or will take just a couple hours to complete. With just a little research, planning, and communication, you\u2019ll potentially increase your income by thousands of dollars in just a few weeks!<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Recognize_that_it%E2%80%99s_okay_to_ask\"><\/span>Recognize that it\u2019s okay to ask<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The thought of asking your employer for a raise can provoke a handful of self-doubting questions:<\/p>\n<p>\u201cWhat if I damage my relationship with my boss or management?\u201d<\/p>\n<p>\u201cDo I really need or deserve to earn more money?\u201d<\/p>\n<p>\u201cWhat if they tell me no?\u201d<\/p>\n<p>Asking for a raise may be outside of your comfort zone, but don\u2019t feel guilty or greedy about bringing up the topic (especially with some preparation and timing).<\/p>\n<p>After all, you\u2019re far from alone in your desire to increase your compensation. According to a <a href=\"https:\/\/www.glassdoor.com\/about-us\/glassdoor-survey-finds-more-employees-expected-to-quit-in-upcoming-year\/\">Glassdoor survey<\/a>, salary is the top reason why most employees decide to change jobs.<\/p>\n<p>Replacing employees is an expensive and time-consuming process for most companies. Employers would rather offer their top performers a raise than deal with the hassle of finding, hiring, and training a new employee for the role.<\/p>\n<p>Asking for a raise at work isn\u2019t an outside-the-box idea either. Management and human resources are used to handling these types of requests constantly. This is a great opportunity to develop confidence in having crucial conversations and showing that you know <a href=\"https:\/\/www.personalfinanceforbeginners.com\/how-to-adult\/\">how to adult<\/a>!<\/p>\n<p>Don\u2019t forget, these individuals are human beings who also show up to work in large part for their compensation. There\u2019s a good chance that your manager is interested in getting a raise soon, too!<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Find_relevant_salary_data\"><\/span>Find relevant salary data<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Just because it\u2019s normal to ask for a raise at work doesn\u2019t mean you should do so without preparation.<\/p>\n<p>One of the first steps in asking for a raise is determining how much to ask for. Of course, you can\u2019t just pick a salary that allows you to afford your dream car and build <a href=\"https:\/\/www.personalfinanceforbeginners.com\/generational-wealth\/\">generational wealth<\/a> overnight.<\/p>\n<p>As the adage goes, \u201cIn God we trust, others must provide data.\u201d<\/p>\n<p>Without a divine edict from the heavens, you\u2019ll need to gather relevant data that justifies whatever amount of money you\u2019re asking for. It\u2019s important to find comparisons for what other individuals are earning who have similar:<\/p>\n<ol>\n<li>Work title and responsibilities<\/li>\n<li>Qualifications and experience<\/li>\n<li>Location and cost-of-living<\/li>\n<\/ol>\n<p>Unfortunately, sharing of one\u2019s salary is still generally considered taboo, so it may be difficult to find out how much your peers are earning unless they\u2019re close friends.<\/p>\n<p>Thankfully, it\u2019s easier than ever to find anonymized salary data through websites like <a href=\"https:\/\/www.glassdoor.com\/Salaries\/index.htm\">Glassdoor<\/a> and <a href=\"https:\/\/www.linkedin.com\/salary\/\">LinkedIn<\/a>. These sites, or others like them, will often let you refine the data by your role, work experience, and city to find a general salary range.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_much_to_ask_for_a_raise\"><\/span>How much to ask for a raise<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>When it\u2019s time to finally sit down with your manager and request a raise, it\u2019ll be helpful to have a specific number in mind. Just like you don\u2019t want to figure out <a href=\"https:\/\/www.personalfinanceforbeginners.com\/what-to-do-if-you-win-the-lottery\/\">what to do if you win the lottery<\/a> after the fact, you don\u2019t want to be blind-sided during salary negotiations either.<\/p>\n<p>Most likely, you were able to find a rough salary range through your initial research, but that\u2019s only a starting point.<\/p>\n<p>If the median salary for a business account manager could be anywhere from $45,000 to $70,000 in your city, how do you know what to ask for?<\/p>\n<p>When you\u2019re unsure how much to ask for a raise, the simplest option is to start with your existing salary. In my experience, most annual raises are somewhere between 3-5%&#8230; just outperforming inflation. You can often ask for a raise in this range simply by performing consistently well over time.<\/p>\n<p>If you\u2019re going to ask for a raise that\u2019s more than that, let\u2019s say 10% or 20%, there\u2019s typically another factor involved:<\/p>\n<ul>\n<li>You were being drastically underpaid to begin with<\/li>\n<li>You\u2019ve demonstrated <i>exceptional<\/i> performance<\/li>\n<li>You\u2019ve accepted additional new responsibilities or a promotion<\/li>\n<\/ul>\n<p>So what should you do after defining the new salary that you\u2019re looking for?<\/p>\n<p>Keep it to yourself, if possible.<\/p>\n<p>If you can get your employer to suggest an amount first, you may be pleasantly surprised with more than what you would\u2019ve asked for. If that doesn\u2019t end up being the case, you can consider different options that may allow you to negotiate closer toward your goal.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Make_yourself_irreplaceable\"><\/span>Make yourself irreplaceable<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>So far, you\u2019ve given yourself permission to ask for a raise and done your research to understand fair compensation for your role and performance.<\/p>\n<p>Now it\u2019s time to start considering the social and organizational sides of asking for a raise at work.<\/p>\n<p>Your homework assignment?<\/p>\n<p>Find ways to make your manager look like a rockstar.<\/p>\n<p>Most employers aren\u2019t a pyramid scheme or <a href=\"https:\/\/www.personalfinanceforbeginners.com\/mlm-side-hustle\/\">multi-level marketing<\/a> company where you only get paid if you get in at the top. Your manager can be your greatest ally when it comes to asking for a raise.<\/p>\n<p>If you\u2019re able to help your manager feel recognized and appreciated \u2013 and maybe even be considered for a raise or promotion themselves \u2013 they will likely do what they can to support you in your aspirations as well.<\/p>\n<p>Make yourself irreplaceable by volunteering to take on the work that other employees are unable or unwilling to do. Utilize the unique skills you\u2019ve developed from other jobs. Offer the expertise nobody else can provide.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Get_credit_for_your_accomplishments\"><\/span>Get credit for your accomplishments<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Just like there\u2019s a difference between being <a href=\"https:\/\/www.personalfinanceforbeginners.com\/rich-vs-wealthy\/\">rich vs wealthy<\/a>, there\u2019s also frequently a gap between how well you perform and how your employer thinks of your work.<\/p>\n<p>For better or worse, a lot of it comes down to perception. Making yourself irreplaceable at work by becoming a top performer is one thing; ensuring that management recognizes your skills and hard work can be a whole different story.<\/p>\n<p>Perform well at your job before asking for a raise isn\u2019t always enough. It\u2019s your job to claim credit for your successes as well.<\/p>\n<p>This doesn\u2019t mean you need to hang a list of your recent accomplishments on the kitchen refrigerator or ring a bell whenever you reach a goal. There are, however, little things you can do to make sure your performance is noticed:<\/p>\n<ul>\n<li>Proactively communicate with your manager about your projects instead of waiting for their follow-up<\/li>\n<li>Find examples of how you\u2019ve improved operations and processes within the company to them save money<\/li>\n<li>Consider how you\u2019ve helped the company earn more money, whether through sales or retaining existing customers<\/li>\n<li>Use specific numbers (\u201cI\u2019ve been 25% above quota for the last three quarters\u201d) to highlight your impact within the company<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Know_what_to_say_when_asking_for_a_raise\"><\/span>Know what to say when asking for a raise<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>When you are asking for a raise, be sure to speak in terms of your employer\u2019s interests rather than your own.<\/p>\n<p>You may have your own <a href=\"https:\/\/www.personalfinanceforbeginners.com\/start-saving-more-money\/\">reasons to save more money<\/a>, but your focus should be on why you deserve the raise (\u201cI\u2019ve earned a new certification that has prepared me to take on a larger role\u201d) rather than how much you feel you need it (\u201cI could really use some extra money to save up for my wedding next year\u201d).<\/p>\n<p>If you don\u2019t know what to say when you\u2019re asking for a raise, you should:<\/p>\n<ul>\n<li>Highlight on your contributions and accomplishments from the past six months<\/li>\n<li>Share your goals and explain how you\u2019d like to improve during the next six months<\/li>\n<li>Explain how you can increase your impact and contribution moving forward<\/li>\n<li>Include any relevant third-party salary data or ask for a specific amount<\/li>\n<\/ul>\n<p>Even though asking for a raise at work feels like a big deal, don\u2019t feel like you need to overwhelm your employer with a mountain of paperwork to prove the point. You don\u2019t want your raise request to feel like a chore to share or review.<\/p>\n<p>If you\u2019re asking for a raise in writing, you should be able to make your case with a few bullet points or paragraphs and perhaps a couple of support materials.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Accept_new_responsibilities\"><\/span>Accept new responsibilities<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>One of the easiest ways to justify asking for a raise is to accept new responsibilities.<\/p>\n<p>This may automatically happen if you\u2019re asking for a raise that includes a title change and promotion, but you can offer to take on new responsibilities in your existing role as well.<\/p>\n<p>Here are a few questions you can ask yourself that may help:<\/p>\n<ol>\n<li>What unique skills and experiences can I offer that other employees on my team might not?<\/li>\n<li>What can I do to remove work from my manager\u2019s responsibilities?<\/li>\n<li>How can I help my coworkers complete their work more efficiently?<\/li>\n<li>What experience might be valuable in helping me qualify for a better job in the future?<\/li>\n<\/ol>\n<p>But what if you don\u2019t see a way to accept new responsibilities in your current role?<\/p>\n<p>If your employer hasn\u2019t offered you much in the way of skill and career development, now you know <a href=\"https:\/\/www.personalfinanceforbeginners.com\/cheap-fun-boring-weekends\/\">what to do when you&#8217;re bored<\/a>: develop skills that will allow you to expand your opportunities and move into a more rewarding role in the future.<\/p>\n<p>Not sure where to start? Here are a few ideas to get you started:<\/p>\n<ul>\n<li>Improve your abilities with Microsoft Office or Adobe Creative Suite<\/li>\n<li>Become a better writer<\/li>\n<li>Practice public speaking<\/li>\n<li>Learn how to code<\/li>\n<li>Study for and pass a certification exam<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Find_the_right_time_to_ask\"><\/span>Find the right time to ask<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Asking for a raise isn\u2019t as simple as waiting until your manager shows up to the office in a great mood (although you may not want to ask on a \u201cbad day\u201d either).<\/p>\n<p>One important part of timing your discussion about a raise at work is to start the conversation early. Don\u2019t just show up to your manager\u2019s office hoping that you\u2019ll get a raise reviewed and accepted before your next paycheck.<\/p>\n<p>Most companies have a specific process in place for handling raise requests. You may be able to receive a raise at any time, but some companies may only give raises on a quarterly or annual basis.<\/p>\n<p>This is why it\u2019s important to start the conversation early. Even if your manager is in full support of giving you a raise, there may be little they can do depending on the guidelines set by the company.<\/p>\n<p>Do you have a weekly check-in or quarterly performance review with your manager?<\/p>\n<p>This is the perfect time to start the discussion:<\/p>\n<p><i>\u201cI\u2019d like to discuss a 5% raise. Based on my research, this is a fair value for the contributions I bring to the company. I\u2019m also like to take on new responsibilities to help the team and demonstrate my commitment to the company. How can we make this a reality in the next 2-3 months?\u201d<\/i><\/p>\n<p>Having this conversation gives management plenty of time to review their budgets, redefine your role in the organization if necessary, and get approval from any other leaders that may need to sign off on your raise.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Understand_that_they_may_say_no\"><\/span>Understand that they may say no<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>You\u2019ve performed your research local salary data, created a list of your most impactful accomplishments, and proposed to take on additional responsibilities.<\/p>\n<p>Your manager is your biggest ally. They went to management with a proposal for a raise and followed every company policy exactly by the books.<\/p>\n<p>In spite of this, your request for a raise was rejected. So what happens next?<\/p>\n<p>While this type of news would definitely be a disappointment, don\u2019t consider your efforts to be a waste.<\/p>\n<p>Being told \u201cno\u201d can hurt, but it\u2019s a great opportunity to receive guidance on your performance and create a plan so you can be even better prepared the next time around.<\/p>\n<p>If your conversations with your manager went well, but there wasn\u2019t any room in the budget to receive a raise, consider exploring other ways to boost your compensation plan, such as asking for additional vacation time, paid professional development opportunities, or a work-from-home day.<\/p>\n<p>What if you still strike out?<\/p>\n<p>Perhaps this can provide further motivation to get your personal finances in order. Increase your savings so you can explore career options without needing to figure out <a href=\"https:\/\/www.personalfinanceforbeginners.com\/how-to-move-with-no-money\/\">how to move with no money or job<\/a>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Get_the_raise_%E2%80%93_and_celebrate\"><\/span>Get the raise \u2013 and celebrate!<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Hopefully, though, your efforts <i>do<\/i> result in getting a raise.<\/p>\n<p>Almost all of the previous steps about <i>asking<\/i> for a raise have relied on research, communication, and negotiation.<\/p>\n<p>But knowing <a href=\"https:\/\/www.personalfinanceforbeginners.com\/i-got-a-raise\/\">what to do when you <i>get<\/i> a raise<\/a>?<\/p>\n<p>That\u2019s when the real personal finance decisions start to kick in.<\/p>\n<p>Earning a bigger paycheck may increase your income, but that\u2019s no guarantee you\u2019ll choose to improve your financial situation.<\/p>\n<p>Avoid the temptation to make any major purchases or lifestyle changes immediately after (much less before) you receive a raise at work.<\/p>\n<p>Here are four steps you can take after getting a raise:<\/p>\n<ol>\n<li>Wait for a few paychecks until that \u201cI can afford to buy anything!\u201d feeling subsides<\/li>\n<li>Review your budget and understand how much new income you\u2019re actually pocketing after taxes and deductions<\/li>\n<li>Reward yourself with a modest one-time purchase (perhaps the new money earned in one paycheck) instead of inflating your lifestyle and expenses with a newer car or larger apartment<\/li>\n<li>Give the additional income a specific purpose moving forward by increasing your loan payments or retirement contributions, or saving up a financial goal like a house down payment or \u201copportunity fund\u201d<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Asking for a raise is one of the simplest ways to increase your income.<\/p>\n<p>In review, here are 10 actionable steps you can take to prepare for, ask for, and make the most of a raise at work:<\/p>\n<ol>\n<li>Recognize that it\u2019s okay to ask for a raise<\/li>\n<li>Find relevant salary data for your experience and location<\/li>\n<li>Decide exactly how much to ask for a raise<\/li>\n<li>Make yourself irreplaceable<\/li>\n<li>Get credit for your accomplishments<\/li>\n<li>Know what to say when asking for a raise<\/li>\n<li>Accept new responsibilities and commit to the future<\/li>\n<li>Find the right time to ask<\/li>\n<li>Understand that they may still say \u201cno\u201d<\/li>\n<li>Get the raise \u2013 and celebrate!<\/li>\n<\/ol>\n<p>While each of these steps can be important in asking for a raise, you won\u2019t necessarily complete them in sequential order. Take a moment to consider which step you can start working on now to prepare to ask for a raise when the timing is right.<\/p>\n<p>By getting a raise at work \u2013 and knowing how to manage that new money effectively \u2013 you can improve your financial situation now and speed up your journey toward financial freedom in the future.<\/p>\n<p><i>What lessons have you learned from asking for a raise at work?<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Is it time for you to ask for a raise at work? If you\u2019re like most people, your job is your primary source of income. In fact, unless you\u2019re working multiple jobs or \u201cside hustling,\u201d your day job is probably your only source of income. As such, getting a raise at work is a critical [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8242,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0},"categories":[39],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to Ask for a Raise at Work<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.personalfinanceforbeginners.com\/how-to-ask-raise-work\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Ask for a Raise at Work\" \/>\n<meta property=\"og:description\" content=\"Is it time for you to ask for a raise at work? If you\u2019re like most people, your job is your primary source of income. In fact, unless you\u2019re working multiple jobs or \u201cside hustling,\u201d your day job is probably your only source of income. 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