First raise how much

How much of a pay raise can you really ask for? More Videos Why does the gender wage gap still exist? When you finally muster up the courage to ask your boss for a raise or give salary requirements to a potential employer, then you have to come up with a reasonable number.

You don't want to lowball yourself, but you also don't want to aim too high and seem like you're out of touch. Executive Brief. Before asking for a raise you should: research the compensation of your peers at other companies identify the value you've brought to the company determine a salary range that reflects your worth schedule an interview with your manager. But your number still needs to be in reason. The key to negotiating a salary is knowing your value. That way, you can feel confident in your number.

Read More. First, you need to establish a range for what other professionals within your role and in your industry make. Consult a variety of sources, including websites like Glassdoor and Indeed and professional associations, talk to recruiters and don't be shy about asking people in the industry if they are comfortable sharing their salary. You're asking for a raise. Could we talk about adjusting my salary to reflect this higher level of contribution?

One tip: If you know your boss will need to get your raise approved by someone above her, like her own manager or HR, you can make it easier for her to do that by leaving her with a short, bulleted list of key points in your favor. Keep this short, though — no more than one page, with some quick bullets that highlight your most significant new responsibilities or accomplishments. If you have compelling data about competitive salaries, you could include that too. I appreciate it.

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Search Career Advice. Ask for the raise you want You know you deserve more money, but how should you ask for it? Try these strategies for successful negotiating. Therese Droste, Monster contributor. How much of a raise should you ask for? Related Articles. Browse articles by Find The Right Career Path.

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