Welcome back to Episode #26 of The Daily Interaction podcast. Today’s topic is a step-by-step guide on asking for a raise. How do you have that dreaded conversation with your boss or your manager at work and ask for a salary increase confidently and yet without compromising your relationship and work status?
How do you effectively and smartly ask for a raise? How do you position yourself in such a way that your boss will work with you to adjust your compensation? I give you my tips on this topic from over a decade of experience in the corporate culture and several raises and promotions, I share with you the common mistakes to avoid and help you prepare for having a winning conversation.
I sat across dozens of managers, directors, vice presidents, sometimes trembling before I spoke, other times, speaking out of anger and frustration for being grossly underpaid, and every time I would leave that conversation, there was at best an empty promise hanging in the air.
Needless to say, I dreaded asking for a raise but that was a huge mistake in hindsight that affected more than just my finances, until one day several years ago, when I decided that things need to change. You CAN win the salary conversation.
Learn from someone who has failed at it miserably, learned on her own, and then gone on to double her salary and reduce her workload, while keeping a stellar performance review on her corporate career record. I give you ALL my secrets here. Well, as many as I could fit in this podcast. You may hear more on this later but for now, here’s the step-by-step guide on how to win the salary conversation.
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Your Weekly Friday Show Notes:
1. What trap to seriously avoid by being grossly underpaid and being a stellar employee.
2. Understanding what the role of your boss really is and how to put your career in your own hands.
3. What does attitude have to do asking for a raise and what does confidence really mean?
4. How to measure you own value in the work that you do and why this matters so much.
5. The first thing you need to do to have this salary conversation with your boss or manager.
6. Exactly what to say to your boss when you sit across from him in this office and start this salary conversation. How do you begin to ask for what you want?
7. Why the boss’s personality and style plays a key role in the success of this conversation and how to get through to your own boss.
8. What to do when constructive feedback finds its way in the middle of this compensation chat.
9. Professional and practice phrases to use when asking for the salary and raise adjustments.
10. What to do when your boss tells you there are no raises. Because there are!
11. Why listening to your boss is going to help you pick up cues that are crucial to this request and one thing that they don’t tell you but you must know.
Just so you know:
Dear TDI listeners: If you liked this topic, you will love the weekly career tips I send out in my free newsletter, the Smart Exit Blueprint, and you will also be notified of the upcoming course in February. Hurry and sign up and be in charge of your career.