How to Plan, Ask for and Get a Raise

Asking for a raise is as nerve racking as professional experiences come, and is a negotiation that everyone will endure at some point during their term with their employer. Asking for a raise is one of those meeting that walking into confident and determined is likely the most crucial factor in determining the outcome. Before we delve any deeper into asking for a raise, let's first settle on one highly likely and somewhat surprising variable, which some people might not realize when frustrated over not receiving a raise: A majority of the time - scratch that 99.9% of the time - you have to ask for a raise in order to receive one. So, if you haven't rolled up your sleeves done the research on median salary ranges for your position and taken proactive measures then you will likely not receive a raise.

And while on the subject, let's clear up any confusion on the type of raise being discuss here. We're not talking about those automatic, one - two percent raises, which the HR dept. rewards you with on "Cookie-Friday" after you've put in 4 years in the company. We're talking about a real raise … one that you deserve for recent accomplishments and surpassing your expectations set by management.

The following are some simple things to help you strategize your game plan for getting that raise:

Timing is everything. One crucial element in getting a raise is timing. Like all negotiations, timing can mean a seal in the deal, or blowing your spiel. Make sure you've carefully reviewed the company's financial situation and the appropriateness in timing when asking for a raise. If the company is on hard times, the last thing management needs is a request in raise, even if you're department goals are being met. Also, make sure to ask for a raise when you have just had a major success. Your charm may be a weapon, but your performance should act as ammunition.