How to Ask for a Raise (Sample Emails) - Algrim.co

How to Ask for a Raise (Sample Emails) - Algrim.co Asking for a raise is a tiny bit of art and a whole lot of science. Most guides will tell you that there are a few steps you need to take in order to ask for a raise, but they’re wrong. Asking for a raise is a complicated thing. But we’re going to breakdown exactly what makes a perfect execution of asking (and getting) a raise. Ready to get started? Let's go! Table Of Contents Before We Start, Do You Qualify For A Raise How Much (In Percentage) Of A Raise Can I Get Or Ask For Before Your Email, Collecting Your “Power Figures” Asking For A Raise Pro Tips Mistakes You Could Make Asking For A Raise By Email (Best Sample) Asking For A Raise Email Subject Line Examples Before We Start, Do You Qualify For A Raise Asking for a raise is going to be easier after you read this guide, but do you actually qualify for one? The most important thing is that your performance merits a raise. You need to be honest with yourself about that. The second important factor is that you’ve been with your company for more than a year. Asking for a raise too quickly after being hired can look bad. Make sure that it’s been a least a year before you bring up this conversation. Here’s what you should have: A strong performance record. Clearly doing your job properly. At least one year with the company or more. How Much (In Percentage) Of A Raise Can I Get Or Ask For This is the most commonly misunderstood thing about getting a raise, it is usually predetermined in terms of percentages. The average employee receives anywhere from a 6% to 12% gain in compensation when they receive a raise. Pro fact: Gallup performed a consumer survey and found that 85% of people hate their jobs in the U.S. And 70% are emotionally disconnected with their jobs and careers. Will salary change that for you? If you feel like 12% isn’t enough to satisfy what you need in terms of income, you might want to consider skipping the conversation about a raise and move towards finding new employment (or asking for a higher paying job internally). When you ask for a raise, you probably shouldn’t prompt your employer with the percentage that you’re looking for. But if you can explain why you are looking for a raise, that might help. Something like, “I’m moving into a new apartment and it appears as though my rent is going to be higher than it was previously, and I can’t avoid that.” Before Your Email, Collecting Your “Power Figures” Our email methods are different than those you’ll see elsewhere. Here’s the true key to ensuring that you get your raise. Before you write your email, sit down and think about all of the great things you’ve been able to accomplish as well as all of the things you hope to accomplish in the near future. All of these should be company related. For example, some things that you might have been able to accomplish might be: Launched a new product. Learned a new skill set. Increased your capabilities as a team member. Be sure that they’re very specific to your job function and working history. While there’s no perfect example we can provide here because we don’t know your role, you should have a firm grasp of what went well in the past year. Have those written down as we’ll use those for our email. Asking For A Raise Pro Tips Whenever asking for a raise, it’s best not to simply ask for more money. Think about it, would you appreciate having someone simply walk up to you and say, “give me more money.” You wouldn’t. When you ask for a raise, be sure that you are promoting a conversation that you’d like to have with your manager, direct report or boss. Don’t simply ask for a raise. Here are some general tips when actively involved in a conversation about compensation: Ensure the employer knows you don’t plan on leaving the company. Ensure the employer is having a conversation with you about compensation vs. you simply asking for more money. Keep the conversation positive. Have empathy for the employer/manager as they might not have the budget to give you a raise. Show you are flexible and want to find what’s best for the company and for you as well. Explain why you might be looking for a raise, like needing to move out of your apartment and experiencing higher rent than a few years ago. Mistakes You Could Make The worst things you could do when asking for a raise is to do so with friction. Sure, you might feel like you deserve more money. But instead of coming into the conversation unsettled and ready for battle, try having an open and light hearted conversation. Here are some of the mistakes that you want to avoid: Highlight only the fact that you’ve been with the company for a long time. Highlight that you’re overdue for a raise. Ask for too high of a raise or be too demanding about what percentage of a raise you deserve. Ask for a raise and not being open to having a discussion with your manager. Asking a bad time. For example, if your manager just mentioned that budgets were going to be low this year. Asking For A Raise By Email (Best Sample) The biggest trick when asking for a raise is to remind your employer about all the great success you’ve shared together. This reinforces the worthiness of a raise. That’s where our “Power Figures” come into play. Be sure that you place them into the template below. The best email template when asking for a raise: Dear [Manager] â€" As you know, I’ve been with the company for two years now. I’ve really enjoyed working here and have learned so much. Here are a few of the things I’ve been able to accomplish in the past year: Took leadership towards the 45% of projects that the company was overspending time on and helped o get them out the door. Increased sales by 25% through 3 high profile clients. Raised company presence by speaking at conferences. And I hope to continue building on those plus many more. With that, I’d love to have a discussion with you regarding my current compensation package. When might be the best time to speak with you regarding this? Thank you so much, [Your name] Asking For A Raise Email Subject Line Examples When sending your email you’re going to want to include a fairly simple and straight forward email subject line. Here are some of the best email subject lines appreciated by managers: “Regarding My Compensation” “Discussing My Compensation” “Conversation About My Future” “Available To Meet [Date]”