Getting a Raise Easily + Effortlessly
One of the first episodes of this podcast focused on how to get a raise. After nearly 200 episodes, I realized that I needed to revise some of my earlier suggestions. To that end, I want to revisit the steps for how to easily and effortlessly get a raise.
If you’re serious about getting a raise, write these steps down and start applying them today, because you will notice—especially with the first step—that this isn’t an overnight process.
“If we’re working for other people and we’re working our butts off towards a mission, a goal, or something amazing, why not get the most out of what we’re doing in our nine to five?”
Head to the website to listen to this episode or click “Listen Now” below!
In this episode Avani talks about:
- How she used to feel about raises and how she would go about getting them.
- Why it’s important to hold yourself (and others) accountable for getting your raise.
- Strategies and resources for determining how much of a raise to ask for, and how to go about asking for it.
1. Prepare your manager for the ask
I like to start six months in advance, and set goals with managers. I’ll sit down with my manager and I’ll say, “I’m so excited to tackle my 2020 goals this year and I’m so pumped because we’re working on these specific initiatives in order to support these other initiatives. These are the things I’m going to do in my role so that it can make the company achieve these goals and make your life better. These are my three to five goals that I’ve set out to do and to work on.” Share them with your manager, get feedback so they feel like they’ve made these goals with you, and they know that they are impactful for the business and for your team.
2. Keep a running list of your accomplishments
I like to use a spreadsheet and I will have one column for the name of their project and then another column for how long that project took. Then you can write down in the next column the initiative or goal that this is supporting for the company and the impact that it’s going to make. If you happen to know the revenue that your initiative has provided, then make sure to write that down so they can quantify it.
3. Update your manager monthly on your progress
Each month, remind your manager of your goals and update them on the progress you’re making. When the time comes to give you a raise, they should be so excited to be throwing a bunch of money at you because they know you’ve earned it.
4. Do everything you can to make your manager’s life easier
Ask your manager how you can make their life easier. It will be so cool to see how your manager feels supported with that question. My managers didn’t always have something for me to do, but sometimes they did and I would help them out with that. My goal was to make their life easier so they would rally for me when it was time for me to get a raise and they would want to support me.
5. Accomplish the goals you set
Keep your spreadsheet updated, put your head down, work hard, and do your thing. Don’t get caught up in office politics or gossip. It’s not worth your time, and it’s just a distraction. Heads down. Get your work done. I promise you, this strategy wins every time.
6. Find out where you fall in the market
Robert Half has a great guide for determining where you fall in the market of creatives. I highly recommend downloading their guide and finding out where you sit. It’s a great jumping off point for figuring out what kind of compensation you are going to ask for.
7. Determine what you’re going to ask for
I’ll start with a point that’s the lowest and highest on a salary range. Then I’ll be more confident to ask for something inside of this range. But this is just one strategy. If you find one that works better for you, then use it. Just know what you’re going to ask for.
8. Ask for it
Have this conversation scheduled so it’s not a surprise. Approach the meeting with your spreadsheet, goals, printout of a salary guide and where you fall. With those three things along with your contributions to the team and the goals you hit (based on your earlier conversation), give you the ability to say “I deserve ‘x’”.
9. Follow up
At the end of your conversation about compensation, you need to ask when you can expect to hear back. When that time comes around, make sure you follow up. Keep the pressure on so that your manager knows you’re serious about getting this raise. It might take longer than expected due to layers of management, but don’t give up asking about it until you’ve heard.
- The 6-Figure Freelancer 003: How to Confidently and Effectively Ask for a Raise
- Breakthrough with Avani
- Creative Salary Guide 2020 by Robert Half