How to Approach Your Boss for a Salary Increase

Nov 16

2 min read

1. Recognize the Right Timing

Timing is critical when discussing a salary increase. Ensure the company is in a stable financial position and avoid peak stress periods for your boss or team. Consider annual review cycles or after completing a significant project successfully.

2. Prepare Your Case

Before the conversation, gather evidence to support your request:

Document your achievements: Highlight your contributions, such as increased revenue, improved efficiency, or successful projects.
Research market rates: Use salary benchmarking tools to find competitive rates for your role and industry.
Highlight your skills and growth: Emphasize how you've developed professionally and taken on additional responsibilities.

3. Plan the Conversation

Schedule a meeting: Request a private one-on-one meeting at a convenient time for your boss.
Frame the discussion: Clearly state your reasons for the meeting without being confrontational. For example: "I’d like to discuss my performance and growth opportunities, including compensation."

4. Communicate Effectively

Be confident but respectful: Use clear and professional language. Avoid being overly emotional.
Focus on your value: Frame your request around the value you bring to the company, rather than personal financial needs.
Provide specific examples: Share concrete achievements and metrics to back up your request.

5. Anticipate Reactions and Prepare for a Dialogue

Your boss may need time to consider your request or might have reservations. Be ready to:

Handle objections professionally: Listen to feedback and ask for clarity if needed.
Explore alternatives: If an immediate salary increase isn’t possible, discuss other options such as bonuses, additional benefits, or professional development opportunities.

6. Follow Up and Stay Professional

Recap the meeting: Send a follow-up email summarizing the discussion and agreed-upon next steps.
Maintain professionalism: Regardless of the outcome, continue demonstrating your commitment and value to the company.

If you want a personal 1 on 1 approach on the above - reach out to me at darragh@fjcoaching.com