Management Tip of the Day: 3 Tips for Asking for a Raise

Are you having trouble viewing this email? If so, click here to see it in a web browser. HOME   |   BLOGS   |   THE MAGAZINE   |   BOOKS   |   AUTHORS   |   STORE RSS   |   Mobile AUGUST 17, 2010 3 Tips for Asking for a Raise Asking for a salary increase can be a nerve-wracking task. Here are three tips to making the ask go smoothly, and increasing your chances of getting the raise: Choose the right time. It's best to ask when your status is high. Consider asking soon after your team posts good results or at the end of a successful project. Avoid making the request when your boss is preoccupied with other issues. Have a plan. Know what number you want, make sure it is realistic, and build a case to support it. Use facts about comparable roles and evidence of recent successes. Be clear and positive. Stay focused on the positive of what you have accomplished. Avoid bringing up other issues during the meeting. Be clear about what you want without issuing an ultimatum. Today's Management Tip was adapted from "How to Get the Pay Raise You Want" by Gill Corkindale. Read the full post and join the discussion » Share Today's Tip: RELATED PRODUCT Nuts and Bolts Negotiation HBR Article Collection Negotiating is tricky. Despite your best efforts at the bargaining table, you may end up holding the short end of the stick. And even if you seal a deal that looks brilliant on paper, the whole thing can fall apart when you start implementing your agreement. ADVERTISEMENT Follow the Tip: PREVIOUS TIPS 3 Steps to Take Before You Ask for a Raise Know When Multitasking Works Beat the Postrecession Blues 2 Ways to Get Your Team Engaged 3 Steps to Stop a Team Fight Know the Value of a Pat on the Back Forget Management Breakthroughs — Keep It Simple Beware of the Invisible Promotion Avoid the 3 Tendencies of Bad Bosses Take the Extreme Question Challenge BEST SELLERS Guide to Persuasive Presentations HBR's 10 Must Reads: The Essentials Financial Intelligence Collection HBR's 10 Must Reads on Managing Yourself Guide to Better Business Writing Job Seekers, Take Note Whether you've been laid off or are considering a job change, HBR's Guide to Getting a Job will help ensure that your next move is the right one. Only $19.95. Buy now » UNSUBSCRIBE   |   UPDATE YOUR PROFILE   |   MORE EMAIL NEWSLETTERS   |   PRIVACY POLICY Was this email forwarded to you? If so, sign up to start receiving your own copy. ABOUT THIS MAILING LIST You have received this message because you subscribed to the "Management Tip of the Day" email newsletter from Harvard Business Review. If at any point you wish to remove yourself from this list, change your email address, or sign up for other email newsletters and alerts, please visit the Harvard Business Review Email Newsletter Preference Center. ADVERTISE WITH HBR This enewsletter is read by thousands of decision makers every day. Learn more about connecting your brand with this audience. Copyright © 2010 Harvard Business School Publishing, an affiliate of Harvard Business School. All rights reserved. Harvard Business Publishing | 60 Harvard Way | Boston, MA 02163 Customer Service: 800-545-7685 (+1-617-783-7600 outside the U.S. and Canada)