Asking for a salary increase – 5 tips for more success
Posted: Sat Apr 19, 2025 9:53 am
Most companies want to keep their personnel costs as low as possible. In addition, annual salary adjustments are not legally required under labor law unless stipulated in a collective bargaining agreement. So don't wait until you're offered a raise. If you want more pay, you have to take action yourself, approach your supervisor, and demand a raise. But how do I ask for a raise? First and foremost, you should define your goals and salary expectations.
Tip 1: Set your expectations and goals for your salary
For a successful salary negotiation, you should define your expectations as precisely bahamas phone number data as possible. Ask yourself the following questions: "What am I earning now?" "What do I want to earn?" "What is my performance worth?" and "What have been my professional achievements at the company?"
If you negotiate skillfully, you can get between three and seven percent more pay in your current job during your annual salary negotiations. Perhaps your responsibilities have expanded or you're due a promotion? In that case, ten to 15 percent is certainly possible. When negotiating a new job, you can ask for ten to 20 percent more salary than in your old one.
Don't forget: just like when negotiating your desired starting salary for a new job, always state your gross annual salary in a salary negotiation.
Tip 2: Put your salary into perspective
Find out what salaries are typical for skilled workers in your industry—this can serve as a solid foundation for negotiating a raise. These benchmarks are easy to determine by searching job postings or industry-specific salary surveys for similar positions. If you base your salary request on these figures, your request may not seem excessive at all.
Additionally, you can consider your individual situation to put your salary into perspective. This includes aspects such as your professional experience, special qualifications, continuing education, or particular achievements you've achieved in your current job. These individual factors can help make your salary expectations seem reasonable and appropriate. Don't forget that employers are willing to pay more for special skills or outstanding performance.
If your current salary is below the market average, it would be difficult for your supervisor to refuse a raise without a valid reason. A solid understanding of the market value of your position will give you a stronger position in salary negotiations and demonstrate that your request is not unreasonable. Also be aware of market trends: Salaries rise faster in certain industries than in others, which can also influence your negotiation strategy. You can also use arguments such as increased living costs or high inflation to justify adjusting your salary.
This increases your chances of getting a reasonable salary increase because your boss can understand that your expectations are realistic and in line with the market.
Tip 3: Your performance is valuable
During a salary negotiation, it's crucial that you can convincingly present your performance and the value you bring to the company. It's not enough to simply ask for more money; you also need to demonstrate how this investment will be worthwhile for the company. Therefore, carefully consider how the company will benefit from your work and what specific results or achievements you have achieved.
Create a list of arguments that clearly explain why your work is of particular value and justifies a raise. Analyze your past successes and the areas where you could improve. This self-analysis will help you present yourself in a focused and well-founded manner during the negotiation. Support your arguments with concrete examples and successes.
It's equally important to highlight your future potential and goals. Outline how you plan to continue contributing to the company's growth and success. This demonstrates not only that you're reflective of your performance, but also that you're forward-thinking and committed. Consider what innovative ideas or projects you could tackle to further increase the value of your work.
Tip 1: Set your expectations and goals for your salary
For a successful salary negotiation, you should define your expectations as precisely bahamas phone number data as possible. Ask yourself the following questions: "What am I earning now?" "What do I want to earn?" "What is my performance worth?" and "What have been my professional achievements at the company?"
If you negotiate skillfully, you can get between three and seven percent more pay in your current job during your annual salary negotiations. Perhaps your responsibilities have expanded or you're due a promotion? In that case, ten to 15 percent is certainly possible. When negotiating a new job, you can ask for ten to 20 percent more salary than in your old one.
Don't forget: just like when negotiating your desired starting salary for a new job, always state your gross annual salary in a salary negotiation.
Tip 2: Put your salary into perspective
Find out what salaries are typical for skilled workers in your industry—this can serve as a solid foundation for negotiating a raise. These benchmarks are easy to determine by searching job postings or industry-specific salary surveys for similar positions. If you base your salary request on these figures, your request may not seem excessive at all.
Additionally, you can consider your individual situation to put your salary into perspective. This includes aspects such as your professional experience, special qualifications, continuing education, or particular achievements you've achieved in your current job. These individual factors can help make your salary expectations seem reasonable and appropriate. Don't forget that employers are willing to pay more for special skills or outstanding performance.
If your current salary is below the market average, it would be difficult for your supervisor to refuse a raise without a valid reason. A solid understanding of the market value of your position will give you a stronger position in salary negotiations and demonstrate that your request is not unreasonable. Also be aware of market trends: Salaries rise faster in certain industries than in others, which can also influence your negotiation strategy. You can also use arguments such as increased living costs or high inflation to justify adjusting your salary.
This increases your chances of getting a reasonable salary increase because your boss can understand that your expectations are realistic and in line with the market.
Tip 3: Your performance is valuable
During a salary negotiation, it's crucial that you can convincingly present your performance and the value you bring to the company. It's not enough to simply ask for more money; you also need to demonstrate how this investment will be worthwhile for the company. Therefore, carefully consider how the company will benefit from your work and what specific results or achievements you have achieved.
Create a list of arguments that clearly explain why your work is of particular value and justifies a raise. Analyze your past successes and the areas where you could improve. This self-analysis will help you present yourself in a focused and well-founded manner during the negotiation. Support your arguments with concrete examples and successes.
It's equally important to highlight your future potential and goals. Outline how you plan to continue contributing to the company's growth and success. This demonstrates not only that you're reflective of your performance, but also that you're forward-thinking and committed. Consider what innovative ideas or projects you could tackle to further increase the value of your work.