Doesn’t it drive you mad to think that you could be making twice or thrice as much money as you do now? You know how hard you work, you know how much of yourself you put into your job—so why, oh why, do we lowball ourselves and settle for whatever we can get? Women still make less money per hour than men doing the exact same job with all the same qualifications. And if you’re anything like us, you probably work your tail off. So we’re taking a stand for you and saying, it’s time to for a little salary negotiation.
As with most things in life, timing is everything. According to Liz Ryan, CEO and Founder of Human Workplace, “If you want to lobby for more than whatever your employer’s standard pay bump is, you have to bring up the topic three months before your performance review meeting, at least.” All that said, no matter how much you deserve a raise, there’s a certain finesse you’ll need when it comes time to approach your boss. From the timing to the dollar amount, here are 10 things to consider when it’s time for salary negotiation. Now go get ‘em!
1. History
When did you last get a raise? If it was more than a year ago, now is as good a time as any to ask for another one. Of course, you should respectfully but confidently point out that it has been over a year.
Read Related: Three Steps to Negotiating the Pay Raise You Deserve