Asking for a Raise is All About the Numbers

One of the most intimidating things to do in the business world is to ask for a raise at your current job. If you are stuck in the grind of your current job, then you know exactly what I am talking about. Sometimes, the boss just does not pay you enough money. So you are worth more? What do you do about it? There is a way to request a raise, but you better be careful when doing that. In this article, I will discuss how to ask for a raise without destroying your office rapport.

The best way to make more money within a company is to be in the direct flow of the cash. Companies will want to keep you around if you have some leverage. Being a direct cause of their profits is a great way to gain some leverage. If your company has worked on some profitable accounts, then figure out what part you played in those. What ways have you directly helped to increase business? Figure these things out and make a list of them. Have that list ready to present when you ask for a raise. Some businesses, especially those in advertising and marketing, are numbers driven businesses. You'll want to give an idea of how many different accounts you have had an impact on and how that success drives your company's bottom line.

One mistake that people always seem to make is that they are never sure exactly how much money to ask for. If you are going to ask for a raise, then you should have some figure in mind of how much more you want. If you are successful in meeting with your boss and making your case, then it will look awful if you sit there with a blank stare as he asks you how much you want. Consider a realistic percentage, but be willing to negotiate, if necessary. Do some research and figure out exactly how much folks make in your profession that have had similar experience and success. If you're not making as much as them, someone needs to know about it.

Be prepared for a little bit of strife during this meeting. Chances are, your boss will have some questions and objections. Think specifically about things he might ask you. Have ready and smart answers to those questions. If you feel that you are qualified for a raise, then you should have no trouble explaining to the boss man why you deserve more cash or benefits.

Try to avoid bringing your personal needs into the debate about a raise. Though it is certainly important that you are having another child, you boss probably does not care. Do not request a raise based solely upon these types of things. Instead, concentrate solely on your achievements, merits, and worth concerning the company. By doing this, you will create a professional environment in which you will establish some leverage.