Time to Ask for a Raise? Here's How to Do It
It's the ultimate irony, right? You're the HR manager. When senior management needs someone to negotiate salary issues, they knock on your door. But what happens when it's your turn to ask for more money?
You may be HR, but you're also human. And when it's time to approach your own boss with a salary hike request, it's not easy. But if you do your homework, time it correctly, and handle it professionally, you can succeed in getting paid what you're truly worth.
Be Prepared
You perform your best when you're well prepared for a key meeting or presentation--and what could be more important than meeting with your boss to ask for a raise? Do your research and walk in armed with the facts, figures and supporting data to justify your unique value to your organization.
Timing is Everything
The best time to ask for a raise is after you've completed a successful project or led a team to measurable improvements.
Timing is equally important when determining when to schedule a meeting with your boss. For instance, if you work at a factory with multiple work schedules, avoid shift change times, which may be particularly harrowing. Opt for a time when your boss is relaxed, not distracted, and ready to pay full attention to you.
Attitude is Key
Heading into THE meeting with your boss, be positive, collaborative and upbeat.
Think in Incrementals
When discussing salary negotiations, author Stuart Diamond noted that "bunts and singles (versus home runs) win ball games."
Salary negotiations are never the easiest aspects of your career. But if handled well, they can certainly be among the most rewarding. So stick to your guns, open communication lines with your manager, and get out there and earn what you're worth!