Raise Negotiation Strategies

Raise negotiation strategies are a necessity for anyone who wants to increase their earnings. Whether you’re trying to pay off student debt, buy a new car or simply get away from living paycheck to paycheck, getting that raise is important for your personal and financial well-being. Fortunately, there are plenty of effective ways to make your raise request stand out from the rest and convince your employer that you deserve it.

Authenticity is the key to success in any negotiation, and it’s especially important when it comes to salary. If you can approach your boss with a concrete offer from another company (in the spirit of transparency, of course), it’ll put you in a much more compelling negotiating position. You’ll be able to show that you have a clear sense of market value for your job and that you’re willing to walk away from the table if the final offer isn’t close enough to what you need.

Another strategy is to frame your salary request in terms of what’s best for the company. If the business is doing well financially, you’ll be more likely to get a “yes” than if it’s in the middle of a downturn. Also, try to approach the conversation at a time when you have some major accomplishments under your belt. This will show your boss that you’re ready to take on more responsibility and deliver even greater results. If your boss still won’t budge on your salary request, don’t give up—present an alternative that will benefit both parties, like more vacation or a better benefits package. Raise negotiation strategies