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Ask HN: How do I ask for a raise?
What do you think is the best approach?
-I'm a shy person regarding this question, I have a friend that his method is "I have another offer, can you matched? or I'll leave" and got a raise 3/4 times.
- bezalmighty 8y ago“I love working here, and because of that I need to let you know that other opportunities are becoming financially better alternatives. Would you reconsider the maximum salary that you think I’m worth here, so that we can keep working together?”
- ok-repl 8y agoThis is going to be more or less my strategy when I ask (rather soon). I do love working where I am. The only problem is that other offers are starting to come in, and I know that they'll be offering a lot more money. :(
- acoustep 8y agoI think this is the best answer. It shows you _want_ to work there still which your boss will hopefully appreciate. Pretending to already have an offer could come back in your face.
- qrbLPHiKpiux 8y agoWhy do you think you deserve one? Answer that, we can help you more.
- akerl_ 8y agoSome background reading: https://www.kalzumeus.com/2012/01/23/salary-negotiation/ https://www.kalzumeus.com/2012/01/23/salary-negotiation/ https://www.kalzumeus.com/2015/05/01/talking-about-money/ https://www.kalzumeus.com/2015/05/01/talking-about-money/ https://haseebq.com/my-ten-rules-for-negotiating-a-job-offer/ https://haseebq.com/my-ten-rules-for-negotiating-a-job-offer...
- onion2k 8y ago"I have another offer, can you matched? or I'll leave" Using a strategy like this can work but it also carries the risk that your employer will just say "Bye then." Everyone is replaceable. If you like your current role or you don't actually have another job to go to I wouldn't use this approach. Instead, try to overcome your shyness and just ask. It only requires a one line email to initiate the conversation (eg 'I would like to schedule a meeting to talk about my current salary.'). The simple fact is retaining a good employee is far cheaper than hiring a new one, so most managers are happy to chat about it. Alternatively, find a job at a company like Basecamp, where everyone gets the same salary for doing the same job and raises are calculated by looking at whole market for the role and increasing everyone's salary to be in the top 10% of the going rate. Basecamp employees effectively get Bay Area wages regardless of where they live without needing to be good negotiators. It's an good model that I hope more companies adopt.
- noir_lord 8y agoOr they 'match' the fake offer but they now consider you a risk to leave and hire your replacement. 12mths down the line you get replaced because why pay two people. Businesses care about continuity over people, they don't care who does foo as long as foo gets done.
- notahacker 8y ago> Using a strategy like this can work but it also carries the risk that your employer will just say "Bye then." Everyone is replaceable "I'm frequently contacted by recruiters suggesting that I have enough experience for roles in this area paying 20% more, but I'd much rather stay here" is a much lower risk approach of conveying the fact you have good reason to suspect you're being paid below market rates for your current experience and skillset. Not least because it saves you actually needing to have a firm offer... Of course, the employer is also less likely to say "bye then" if the focus of your meeting is demonstrating what you've done well that's saved/made the company money, how you've improved your productivity since the original pay package was determined and additional responsibilities you'd be willing to take on rather than you explaining why you might leave.
- 8y ago
- alexcason 8y agoThe best way to find out if a company values your work enough to offer you a raise is to interview for other jobs, get an offer and hand in your notice. They'll soon offer you an increase if they want you to stay. It puts you in a strong negotiating position too.
- fb03 8y agoIf you hand in your notice, you might as well leave. Managers are people too and can get really grumpy at your 'oneuppance'. They may give you a raise just to fire you a few months forward, making you lose your currently better offer (If you handed a notice, that was actually what you transmitted - "I want out"). Happens a lot more than one might expect.
- jasode 8y agoYour profile says "Data scientist working on one of the big four". Typically at a big corporation, you get raises at the designated annual review cycle. Those raises are adjusted inside of Human Resources' pre-defined "salary bands" for your title. If you want to get a raise outside of the annual review, or get raises higher than your band's ceiling, you either... - Get a promotion. This means you need to demonstrate to managers that you can take on more responsibility and want to be compensated higher for it. - Get another job offer with a higher salary. The company may match or exceed it. Or they may not. Either way, you have to convince your manager to go to bat for you so the company will approve your raise.
- lelima 8y agoI have a good relationship with my manager, but I feel it hard to break the ice with Salary topics. It really hit my nerves
- DoofusOfDeath 8y ago> I have a good relationship with my manager, but I feel it hard to break the ice with Salary topics. It really hit my nerves At various times I've had a lot of anxiety regarding my job, especially when I was feeling financially vulnerable. Regardless of how you handle this particular situation, you might try to work on the anxiety issue. You might consider a few trial session with a professional counselor. The human psyche can be pretty non-intuitive, and a good counselor can teach you a lot about how yours works. It like discovering a (partial) owners manual for your own brain, if you find the right counselor.
- jasode 8y ago>I have a good relationship with my manager, That's fine but that isn't what I wanted to emphasize. My point is that if you're at a Big Corporation, both you and your manager are embedded in a bureaucracy. Your manager can't single-handedly wave a wand and get you a raise on his own. He/she has to convince his superiors and Human Resources to get you a raise. You need to imagine what your manager's bullet points would be to argue on your behalf to convince the company to increase your salary. What are your leverage points? E.g. your role in data science work is crucial to release a $200 million product on time in the next 6 months. If you leave, everything falls apart. On the other hand, if you have no leverage and want a raise outside of the annual review cycle and while doing the same work with no promotion... that's a harder sell for your manager.
- kreetx 8y agoNot sure where I read it (perhaps "Hire with your head" by Lou Adler) but asking to match salary might not be the way to go. If you (think you) know how much you should be making then ask for that, perhaps adding a bit to it to have room for bargaining. You should also know why you are staying (do you actually want to continue? is it still exciting to you?), if yes, then it will be much easier to explain what you have to offer. Otherwise, even if you should get more when compared to others, you might feel teethless when asking for it.
- nurettin 8y agoIt is a very emotional subject, so beware that both parties are prone to making mistakes at this stage. Go discreetly, say "Hi, I need a raise, please consider this amount and tell me if this is acceptable." and pass a paper with the amount written on it. Anything more or less will be unprofessional and will probably lead to more headaches than needed.
- akerl_ 8y agoWhy would it be unprofessional to say the number out loud? I’d say the most dangerous part of the approach you’re recommending is that it doesn’t provide any context for why the raise is justified to the company. This is only an emotional subject for the person getting the paycheck; it’s not emotional for the business, and it’s only emotional for the employee because of years of ingrained stigma about salary.
- nurettin 8y agoWhy would asking for an evaluation from your superiors be dangerous? I think that was just random.
- akerl_ 8y agoNothing in this comment thread seems to ask for an evaluation. Asking “I’d like $x, is this acceptable” invites a Boolean response. Either they think it’s acceptable or not, with neither you nor your comp lead discussing why. If you want to know “how would you evaluate my performance / accomplishments / etc”, ask that. If you want to know about a raise, start by telling your comp lead why you feel it’s justified, rather than leaving it up to them to define.
- nurettin 8y agoI don't think this is true, asking for a higher wage will implicitly prompt an evaluation. No other words are necessary to complicate the situation. If you start justifying your request, you are already playing some sort of defensive game. There is no need for that and I don't believe it is professional to do so.
- zshift 8y agoI've been subscribed to this weekly email newsletter for about 2 years now. https://fearlesssalarynegotiation.com/ https://fearlesssalarynegotiation.com/ The tips I learned helped me plan a negotiation strategy during a new job offer. it's not perfect, but it helped remove a lot of doubt from the process.
- mulholio 8y ago+1 for fearless salary negotiation. Just gone through an application process and it's earned me thousands. Haven't read the raise (as opposed to negotiation) content, but sure it's good.
- huhtenberg 8y agoThis works really well, but you need to have an actual offer for this to work. Otherwise it's a bluff and if they call it, you end up with the same salary and on a list of unreliable employees. Obviously, you need to be very tactful and polite when asking for a raise, and generally blame it on financial/life circumstances beyond your control that force you to look at other companies despite of really liking it here and never wanting to leave otherwise... or some such.
- d3sandoval 8y agoEmployees create value for the company they work for. If you can demonstrate that you are more valuable than what they're paying you now, then it's a pretty straightforward conversation. One way to do this is to find out what others will offer you on the market, as others have suggested. Another is to identify how your work pushed company/team/individual metrics in the right direction. Being able to say "My work on [this project] led to a 25% decrease in churn" demonstrates your ability to provide monetary value to the company. If they want to keep making more money, they would be wise to keep you.
- nvahalik 8y agoOne thing that worked for me is “how can I be more valueable?” Worked for a company for a year and loved it but was in a bit of a rut. After talking to my superior I ended up taking on an additional role but making more.
- empath75 8y agoMy approach has been changing jobs. You shouldn’t have to ask for a raise. Your company should know your value. If they don’t, go to a company who does. Don’t bother with a counter offer because you’ll have to do it again and again. The company has already demonstrated they don’t value your work appropriately. Asking for a raise isn’t going to change that situation. Your only leverage is your willingness to leave, and you’ll only really have that if you have an offer in hand. And by the time you have that offer, you’ve already decided you’re leaving even if you don’t know it yet.
- godDLL 8y ago1. Become divorced from the outcome. Sit down and think what it is you'd like to be doing if you weren't doing what you are, because these things can always go either way. Make two plans. 2. Gather evidence FOR paying you more. You need more. Someone is getting more doing the things you do. You're doing more than what is expected of you. Things hinge on you. Make some evidence if it doesn't yet exist. 3. Gather evidence AGAINST paying you more, and prepare to refute it. Make some, if it doesn't exist yet and prepare to give up some things or distance yourself from some things. Get into your manager's head for that. Talk to them: say, if I (you) needed help with what you're doing, what would they be prepared to offer? Prepare using that. 4. Spend at least two weeks doing the above. Then schedule a morning meeting with your manager, right after lunch is best. This will be hard, better have shuffle the world around you in your favor. Good luck. 0. Read some of this https://news.ycombinator.com/item?id=19542087 https://news.ycombinator.com/item?id=19542087 if you get stuck.
- mcv 8y agoAnd when it doesn't work, find another job that pays more and leave. Don't wait for a counter offer; a counter offer is just them admitting that they indeed didn't pay you what you're worth, and they're only willing to do so now because you're forcing them. That's a lousy basis for a work relationship. Find a better job and leave. You wouldn't be the only developer for whom that's the primary method of advancement.
- godDLL 8y agoI see you have some experience with this. It does go one of two ways, not always "when it doesn't work". But many times your salary will indeed be capped in some manner you're not aware of. Be prepared to lose this negotiation, but don't go in thinking that you will. That will set you up to fail.
- mcv 8y ago> I see you have some experience with this. I don't, fortunately. But it's a recurring topic, and the conclusion at the end is always the same: counter offers are "too little too late", and possibly even a trap: maybe they just want to retain you for long enough to train your replacement, after which you will be fired and the new job you found will have been taken by someone else.
- mightybyte 8y agoIn my experience, by far the best way to get a raise is to find a new job that you think you will like as much or more than your current job and take it. In addition to the monetary benefits, this will open the door to meeting new people and take on new responsibilities. I've never regretted doing this, and more than once that action gave my overall career trajectory a huge boost, even when I already thought I was happy (which was the case most of the time).
- amelius 8y agoThe problem with finding a new job, as a programmer, is that you'll have to read and become familiar with a new codebase. Most programmers I know love coding, but hate reading other people's code.
- statictype 8y agoOK - so its quite clear then - you need to decide between getting a raise and staying in your comfort zone. Even within the same organization - a raise would typically entail that you take on new or more responsibilities.
- rimliu 8y agoThat’s… interesting. Stephen King advice for aspiring writers is to read a lot. I’s say same goes for developers. Even if you read a lousy code you can at least anslyse what makes it lousy and how can it be improved. Reading good code will reinforce the understanding what good code is and might give some ideas for the future. Hating reading other’s code is a sign if the still novice programmer. Imho, of course.
- alexhutcheson 8y agoReading code I perceive as "lousy" and sometimes stepping through it with a debugger has often been a great learning experience for me. Sometimes I even realize that I'm wrong, and "lousy" design decisions were actually chosen to solve some tricky problem. More often it was just written in a hurry, or written before more modern libraries were available, but reading it still helps me improve my brain's "pattern-matching engine" for next time I see something similar.
- Nursie 8y agoIf you're genuinely underpaid then make preparations to leave and find somewhere else. Changing workplace every so often will help with your shyness anwyay, plus a lot of folks find more varied work more stimulating.
- slezyr 8y ago> "I have another offer, can you matched? or I'll leave" Did this, got raise. I had an offer and other company offered me more, but I decided to stay anyway. It's been a year and I don't think I'll get another raise any time soon. I really regret about mine decision.
- bryanrasmussen 8y agoDid he actually have another offer though?
- lelima 8y agoYes, was 20% more. But he said it was about 40%. They matched.
- joshvm 8y agoIf you get told no, it's very important to ask why. Because then you have something actionable to work for, and you can reference that conversation next time you ask. For example if they say you don't have enough responsibility, then you can ask for more. Saying you have a competing offer may work in a big company, but in lots of smaller places that would immediately mark you as unloyal if you tried it more than once. As always leaving implies you live somewhere with lots of jobs on your doorstep, and that you have the flexibility to pack up. That might not be the case, or you might actually (shock horror) enjoy your job. Depending on your industry, jumping ship may require a lot of preparation. You know the drill: that means whiteboard practice, waiting for weeks to bounce around HR folks, all day technical interviews and so on. The subtle method is to ask for more time off (or other perks) so your effective salary increases. I would rather have an extra 10% time off than 10% more pay. At a smaller company working from home may be an option too.
- AlexTWithBeard 8y agoIf you get told no, it's very important to ask why Right. Alternatively you can ask "what can I do on my side to make my salary higher". The management tends to get less defensive and now open with such approach.
- insickness 8y agoI recently got a raise by asking for it and it was the first time I did something like that. It was a great exercise and a good learning experience. A few things I figured out: Rather than stating that you have another offer, you can research what people in your field are making. When I asked for a raise, I put together charts and graphs of what people are making in the industry in order to justify the raise. Instead of saying you would like 150k per year, ask for a very specific amount such as 152,400 so that it seems like you've really calculated this number. Ask for a range rather than a single number, such as 152,400-161,100. They will likely offer something at the lower end of the range but next to the higher number, the lower number look a lot lower than it would alone. Be prepared to ask for intangibles if you don't get the monetary compensation. You can ask for your own office, more vacation time, to work from home, etc. But don't ask for these until after they have respond to your request for more money or they may default to this instead of more money. Understand the mindset. Even if you don't get a raise right now when you ask for it, you are doing yourself a great service by asking for more. You are showing that you feel you are worth it, which translates to a lot of respect from management. Even if you don't immediately get the raise, there is a good chance you'll get a lot more of a raise at your next review just because you indicated that you aren't afraid to ask for more and you have confidence in your own ability and value. Management would rather have a good employee ask for a raise than just go out and find another job without giving them the opportunity to discuss it.
- logfromblammo 8y agoA good employee would rather have their employer make proactive efforts to retain them, than to constantly expend their own energy just to get fair compensation. The employer has 365 opportunities a year to "discuss it", but most somehow only manage to have a one-sided discussion once per year. I have never been asked "are you happy with your current compensation?" by anyone other than recruiters for other companies. I have frequently volunteered "I am not happy with the apparent reduction in non-salary benefits in comparison to last year" (mostly due to the health insurance plan). As long as I have to ask for more money in order to get more money, I might as well go ask someone else, too. Getting a new job is very much like asking for a raise from someone you haven't met yet. So if I am already at that point, there's no particular reason why I'd ask my current boss first. They could have given me a raise any time they feel it is appropriate, yet somehow did not.
- enriquto 8y agoI never understood what is the motivation for keeping the salaries in industry secret. It seems to reward precisely the wrong kind of behavior!
- C1sc0cat 8y agoTransparent Salaries do lead to wage inflation see how CEO salaries went up after those where published. "What That Idiot Hardcastle at International widgets is on 2 Million, I am worth more than that." The other reason is that it might expose direct or indirect discrimination.
- akerl_ 8y agoI think you’ve answered your own question. Salaries are secret largely based on the stigma that employers have put around publicizing them, because it allows employers to act from a more advantaged position.
- enriquto 8y agoBut this system is allowed to continue only because the employees admit it. I guess it is not illegal to disclose your own salary. Or is it? Can an employer fire you if you disclose your salary? In academia, even while the salaries are rather meager, at least they are public and equal to everybody (depending only on your position and seniority, according to some public tables). We could very well do with a bit of wage inflation!
- gusmd 8y agoIn the US, for private-sector employees, not only is it not illegal, it is a protected activity under the National Labor Relations Act (NLRA) of 1935. Your employer cannot forbid or fire you for discussing salaries or job conditions. (IANAL)
- anonu 8y agoI would strongly recommend against the "I have another offer, can you matched" strategy. For starters, you've just revealed your cards: that you are talking to competitors or that you don't have much interest in working in your current spot. If you want a raise, ask for a meeting with your manager and layout a few good reasons why you need a raise: you've worked there without a raise for a year+, you've tackled on more responsibilities and executed. Generally, to get a raise you need to meet some sort of expectation or goal. Sometimes managers are bad at setting those goals - so do it for them. Don't tie those goals to money beforehand. Wait til the goal is reached then review your performance. Most managers will find it hard to turn you down.
- deleted 8y ago[deleted]
- AlexTWithBeard 8y agoFor starters, you've just revealed your cards: that you are talking to competitors I see it as: guys, I could have resigned, but I love working here so much that I'd rather stay. And also, please, when discussing your goals with the manager, mention the salary raise. What you have to do for a pay increase may be different forum what you have to do for, say, a new title. The surprise at the next review may be quite unpleasant.
- anonu 8y agoMore is said when you say less. If you just lead with "I love working here" you will create a lot less resentment than saying "I could have resigned"... Also - I am not suggesting not to discuss a salary raise early on. I am suggesting not tying that raise to some performance goal. Keep it open...
- jeanmichelx 8y agoWhat if I meet my goals, and and got raises that I find too small?
- Noxmiles 8y agoI agree to that. It's an easy ball for your supervisor to say that you should work at the other company then.It's way better to say I want to work here, but I need a raise. Tell them that you like to work for this company and are willing to stay for the next time. This is valuable for the company.
- bottled_poe 8y agoIt’s easy. Understand how much you are worth to the company - and I do mean in dollars. This is what management understands. It’s the hard truth, but the dollars don’t lie. How much revenue do you individually generate for the company each year? (Hopefully you understand your employers financial model well enough) How much do you know about the operation, team structure, processes, technology. What is the cost of replacing you? It is measurable in dollars and this is how manamgent thinks. If you know how much you generate in revenue and what your replacement cost is, you have the information to determine your salary. Learn this, know it inside out, then request a performance review. Also important to consider how much you are willing to sacrifice to switch roles. Different team, different projects, different projects, etc. You need to know where you actually draw the line before you walk in. I’m saying this from the recruitment side.
- vfinn 8y agoMy reasons for asking for a raise: 1) Your responsibilities have increased 2) You have become an integral and important part of the team/project, so it would be costly for them to replace you 3) Your skills have improved The second and the third point rely on the fact that you'd be probably able to get a better salary elsewhere. The first point is mostly about fairness. By assuring that you're treated fairly, they can be sure that you do your best. The second point is the least likeable reason for me, because in that scenario you're not making the judgment from your perspective but from theirs (by realizing your salary potential by not screwing them).
- chvid 8y agoYou don't have to have a reason to ask for a raise at least once a year. You should get a raise of around (at least?) 5% pa. 2% being general inflation, 3% for more experience. The whole thing about pay being tabu is a mindgame played by your employer. Remember the person whom you are making the ask to has all the information, negotiates pay 10 times (maybe 100 times) pr. year. You are really being a sucker if you don't ask. And you are not doing any favours to your fellow coworkers.
- new_here 8y agoMoving diagonally to another company is generally the best way to increase your earnings. You should get one or more offers from other companies. The more options you have the less shy you will be because you have alternatives if your current employer says no. Newer companies also have less leverage because they need to fill the vacancy. Once you have options you can have an honest conversation with your current manager to say that you're not satisfied with what you're currently earning and would like to earn 'x' based on the market rate for that role/your skills. Expect some potential push back / negotiation on that figure but have a minimum raise you want to get in order to consider it a success. If they do not want to give you that minimum, then be prepared to take one of your alternative options and go elsewhere. Their loss. So shop around because at the end of the day, it's mostly just business.
- q-base 8y agoYour friend has either gambled - and it payed off (He did not have another offer) Or he did have another offer in which case he negotiated from a leveraged position. Allow me to be all internet-meta-psychologist. You are having difficulties with this because you are not ready to gamble your current position, as you do not have another offer lined up. You like the positive outcome of the gamble (a raise) but cannot stand the negative (loss of job). You should only bluff if you are ready to be called on it. I would concur with a lot of other advice here and perhaps add a little from the book "Never split the difference". I would probably start as others said with explaining how much you like being there and enjoy your work. But with the market is and what other people in your position gets paid either there or other places you are having a hard time not looking at other career opportunities. So you would really appreciate your managers input on how he could help you stay in your current position and not be forced to look for other opportunities.
- samuelyoussif 8y agoI would offer something in return for the employer, because if you take their side it is illogical to give you more just because you would like to. You can tell your employer that "I would like to take more responsibilities" and actually take it even before talking of any raise, then try to ask, at this moment you have proven to be valuable and trustworthy. Earn your raises and direct them for your own growth.
- everdrive 8y agoYou want leverage more than you want technique. Not leverage in the sense that you're going to be cutthroat. You just want to you know what you're worth. If you make 100k, and some other company is willing to offer you 130k, then you can prove you're worth at least that. The request for a raise isn't a fight: your employment is an agreement. You believe you're worth a certain amount, and some employer has to agree with you. Whatever number you both agree on is your paycheck. If you don't have leverage in the form of proof that you're worth more, it might be too easy to get caught up in emotion. This advice depends on what sort of person you are. I'm pretty shy too, and I don't like asking for things like raises. The point of getting another offers is to help depersonalize things. "Hello sir, I have another offer for this much, but I'm very happy at this company. I can't ignore what's best for me and my family, but I wanted to check if there was something we could do to keep me here." That approach won't be best for everyone in every situation, but the point (as other posters have noted) is to depersonalize it to the extent that it's just about the money. If your current employer is affronted, you can be prepared to really change jobs. This might mean really waiting to ask until you've gone through an interview, etc.
- dyeje 8y agoDo you have regular one-on-one meetings with your boss? The 1st step is to ask. That is when you'll set the goal posts to get the raise. They may give you some objectives to work on or be satisfied with your performance already and give it to you. If they're not willing to seriously discuss the matter, that's a red flag and you should probably consider job hunting.
- ypkuby 8y agoIn my experience, I've only gotten an offer of a raise when I threatened to quit. First Raise: I asked for an entire year for a $5k bump in salary to meet market standards. My performance, work ethic, etc was all well beyond my pay. After consistent denial of raise and being told "keep up the good work and in 3 months we'll review again" - I went job hunting. I found another job, got the letter of offer. The next day I walked into my bosses office, dropped the letter on their desk and said "I'd like to stay here, but I'll need a salary boost. In the event you still cannot give me one, I'll send you my resignation letter promptly this afternoon." Three hours later, the two meetings are done, the new job offered a $25k boost in salary + position change to management. My current employer's retention offer was $35k boost + no position change. Since I didn't care for the position, more the financial aspect, I accepted the retention offer. I was also told, "don't expect another raise unless it's a promotion" Sometimes, you just need to step on their toes, put them in the hot seat. If they value you, they'll make a retention offer - if they don't, then have fun at your next job.
- electriclove 8y agoHow long ago was that? What were your salary increases (%) in future years at that company? I'm asking because it doesn't seem reasonable to say "don't expect another raise" and expect people to be happy.
- ypkuby 8y agoIt was 4 years ago. I have since moved on from said employer. They had been engaging in some questionable business practices, and I had moral issues remaining there. I had never received any raise since then.
- ams6110 8y agoAt most organizations, whether public sector or private, you only get significant raises on your initial hire and if you change positions/job titles. It's hard to get a big raise without taking on more or higher-level responsibilities.
- jlengrand 8y agoIf you're shy, a way to get a raise that might sound easier is to back it up with data, in a written format. This allows you to prepare it well (which avoids the "losing the track") and helps by adding a backbone to what you are saying. Hopefully that gives you more confidence to speak out. * Made the release process 15% faster * Implemented 4 new features that impacted 50k customers * improved documentation .... Whatever it is, make it yours and find things that matter to you. It will also help you proud about it. It might sound a little formal, but having printed a one pager with a few bullets (or even a one page ppt) can help you find the confidence needed (and you won't feel like an imposter because it is rationally built). Of course, adapt the method to something that will help you :), but it helped my shy gf a lot to have a strong foot against her more vocal boss :).
- scarface74 8y agoJust for a little background, I’ve been working for 20+ years as a software developer but I was a “dark matter developer” until 2008, so my career progression over the last 10 years has looked about like that of someone who just graduated from college in 2008 and worked in a major metropolitan city. A few things: Don’t threaten to quit. You don’t want to have an antagonistic relationship with your employer. Your value to the company is s combination of your generic skillset that can be replaced at market value by someone coming in off the street, your institutional knowledge, and the amount of additional value you add to the business. If you aren’t at least getting paid the amount you can get by switching jobs, that should be an easier conversation. Just speak to them honestly. Explain that this is the market rate for developers with your skillset and that is what you should be making. There are really only two replies that they can give you. Either their assessment of your skills don’t match what you believe or they don’t have the budget to pay you what you are asking for. In the first case, if you believe their assessment is fair, ask what you can do to improve. If either you don’t think that their assessment is fair or they don’t have the budget, you have to decide whether to stay or look for another job. As far as the other part, your institutional knowledge and the value you bring to the company, you have to have numbers to back you up - that you either made the company money or that you saved the company money and explain why you feel you deserve more. Now, the reason I mentioned my background. For the last ten years none of the advice I gave you has actually worked for me. But also during the beginning of your career, you will find your market value will rise dramatically and most companies HR practices aren’t setup to give the dramatic percent raises you can get every two or three years by switching jobs (again not referring to West Coast salaries, just big city wages in the US). Your best bet is to switch companies. Later on in your career, the job hopping strategy isn’t going to work. You have to be able to emphasize the business value you add and/or work toward promotions increase responsibilities.
- jjmiv 8y agoyeah the only way i ever received a raise was changing jobs. i guess it was because I knew what the answer would be if I asked for a raise: "do not have the budget." or "you have not met x expectations". whether that would be true or not, its usually a sign to move on.
- scarejunba 8y agoI just ask every three months how I can have a bigger impact on the company. I then say "Let's talk compensation." And just make the case. Normalize the conversation.
- cpfohl 8y agoBe direct. Whether you're shy or not employment is ultimately a business deal (as many have mentioned already). That being said, it does require interpersonal skills. I disagree that you have to move on to advance in your career. A lateral move _is_ the fastest route, but if you're happy with everything but your compensation you should tell your boss. One way to phrase it might be: "How are raises managed at Foobar Widget Corp?" Part of a manager's job is to help you navigate your career at your company. If you're confident that retaining you is best for the company (and that salary is really the only downside to your job) you should be able to communicate that. In person would be best, but there's nothing wrong with writing down what you want to say and reading it.
- om3n 8y agoWhat I did recently was risky, so YMMV. I asked my boss for a raise last year around performance review time. I explained that I had taken on a lot of responsibility, I cited some projects that I led, and I enumerated how I had impacted our team since I had joined. I really was the top producer on my team at the time. He explained to me that I was already being paid more than any other engineer in my department, and he negotiated a small raise for me that year- 6% instead of the normal ~3%. I was disappointed. This year, I decided to up my game. I continued to go above and beyond at work, and then around performance review time I interviewed at a couple companies in the area and got two written offers for 20%+ more than I was making. I handed those to my boss and explained that I really enjoyed working for him, and for this company, and that I don't want to leave, but I believed this is what I was worth. He immediately submitted me for a promotion, and I'm hopeful that the raise will come with it. I should get the results in the next 2 weeks.
- MuffinFlavored 8y agoI was told this is one of the only ways to get a substantial raise at any sizable corporation. It does however run the risk of running your employer the wrong way.
- chpmrc 8y agoThis strategy should be implemented only if you are absolutely willing to leave if they say no.
- isalmon 8y agoScenario A - it's a startup: I strongly discourage you from taking "I have another offer" approach first if you really like your current job. I've been on the other side of the table so many times and I can tell you that by doing this you immediately destroy all emotional capital and sense of loyalty with your employer. If you really like your job - I'd simply talk to your manager and say something like "I really enjoy working here and I've done X, Y and Z since my last raise. I think my current salary is below the market. What can I do to get a raise?". If you're valued there - you'll get a raise. If not - time to start looking for a new job. Scenario B - it's a big company: Just find another job. In most cases they have BS rules like "3% salary increase per year maximum", but it depends on the company.
- pattle 8y agoDon't be shy, employers often need you more than you need them because the cost of losing an employee and having to rehire and train is incredibly expensive. I think the best first course of action is to organise a meeting with your manager and just clearly state the salary increase you're after. Always back it up with evidence as to why your worth the raise. Often the more direct you are and the less you say the better. If that doesn't work start job hunting and get an offer that you can take to your employer and use as leverage. Don't get too loyal because companies often aren't loyal to their employees.
- icedbergs1 8y agoI've found more success clearly stating the increase I need to stay with the company without submitting reasons why I am worth the raise, except maybe saying that you believe your market value has changed. I feel like if you start talking up specific points, you create things that can be argued back against and shot down while avoiding the main discussion of how much you are prepared to sell your skills for, and whether the company can pay you that much. If you're prepared to leave and feel your market value matches the increase you're asking for, make it more of a demand than a negotiation. If you do want to keep this position, don't tell them why you deserve a raise, let them tell you why you don't deserve one, and counter their reasons instead of laying your cards down first. Not a huge thing, but don't underestimate how much it can change the conversation.
- careerin_tech 8y agoThe current job market is tight. Every company has an interest in keeping good employees. Just ask for a raise in a polite email or meeting.
- TheTruth1234 8y agohttps://media.giphy.com/media/7B71Ci4KE3m0/giphy.gif https://media.giphy.com/media/7B71Ci4KE3m0/giphy.gif
- logfromblammo 8y agoIf you are in the position where you feel as though you are underpaid, there are several possibilities: A. Median salary or cost of living has gone up in your locale. B. You have taken on additional responsibilities. C. Your individual job-market value has permanently increased. D. None of these. In case of A, wait until the annual review has completed. If your salary is not adjusted appropriately, notify the company through normal channels--by telling your manager--that the annual pay adjustment apparently did not account for changes in the local market, and that the company's compensation may be becoming less competitive. Don't ask for an individual raise. Ask that the compensation for all same-locale employees in your work group be re-reviewed, using survey data for your locale this time. If you, specifically, don't get a raise within 30 days, start looking for other jobs. At the exit interview, say only that you are leaving because you got a better offer elsewhere. By this time, you can't say anything else helpful to you or the company, so don't. If you do get a raise, ask around your peers to see if they got one also. If they did not, stop to seriously assess whether yours is a "squeaky wheel gets the grease" company or a "the nail that sticks out gets hammered down" company, and maybe still go job-hunting if you feel paranoid enough. In case of B, you should be offered a raise by the end of the quarter in which you took on additional responsibilities. So on 1Jan, 1Apr, 1Jul, and 1Oct, think about whether you were given any additional job duties during the previous quarter. If you were, and you did not get a raise, meet with your manager to determine whether those additional responsibilities were intended to be temporary or permanent. If the former, ask for a bonus. If the latter, ask for a bonus and a raise. Don't mention a specific amount, other than "a fair amount for what I have been doing," so they make the first offer. If they lowball, counter it once, and then immediately accept whatever their next offer is. If that was still too low, go job-hunting. In case of C, you need to build a case for a raise, and ask for a specific amount of additional compensation. If you earned a new degree or certification, or professional society membership, my approach would probably be to ask about updating the internal company resume, and mention that the changes will reflect an increase in value as an employee. Discussions of salary adjustments might get deferred until the next regularly-scheduled review, which seems reasonable to me. During that process, make sure to ask whether the additions you made will be considered in the final results. It is reasonable to also ask for a one-time bonus for resume-worthy achievements. If you don't get a raise that meets expectations, go job-hunting. Case D seems most difficult to me. You'd basically just be saying "I want more money for the same amount of work". Don't say that. Instead, say "I want to do a little bit more work, but get a lot more money for it." In other words, ask for additional hours, additional duties, or promotion to a job title that has a higher pay-to-work ratio, and then after getting that, renegotiate pay as in cases B or C. Even if all you get is a change in job title with no change in pay, make sure it is a title that gets paid more at other companies. Then, when you go job-hunting later, you can get higher offers. Your best alternative to negotiated agreement is always to take whatever the company offers and live with it while you are searching for other jobs. I'm not a fan of telling my current employer that I have a competitive offer. I'd just resign, and take the offer. It's not really my job to do employee-retention work for the company. I'd be sure to mention that the only reason I'm leaving is a better offer, and that I would consider working for the company again later, if that were to change.
- laurentoget 8y agoMost of the replies here paint the discussion as you against your employer, represented by your manager. In my experience things are a bit more nuanced. Even when your manager trusts you and knows your worth, he often does not have the authority to give you the raise you both agree you deserve. In that context, taking a day off to interview with another company and not hiding it from your manager may actually give him useful arguments when he has to argue for a budget increase so he can give you that raise.
- twblalock 8y agoYou are correct, but I would never tell a manager I was interviewing unless I had an offer letter.
- laurentoget 8y agoi have been lucky to work with managers i could trust enough for that sort of things.
- ticmasta 8y agoThe easiest way to get a raise is to change companies. You can then ask your current company to match, but in my experience (from the company side) this never works out in the long term. You'll be branded (at best) a hired gun and not trusted beyond "work for hire". For a less dramatic increase you can change jobs internally but the impact to your take-home is far less significant. You can also play off any goodwill you've banked (like history of quality work, extra dedication, etc) to ask for more vacation, training budget, etc. Try for things that can be part of your new regular package; ex: an extra week of vacation each year vs. a one-time 2-week bonus. The short answer is test the job market, get a better offer and take it.
- mortdeus 8y agofind another job offer that is willing to pay you what you feel you are worth and then approach your CEO and ask for the raise stating why you feel you deserve higher compensation. If they flat out turn you down, then state that you have another situation that is willing to pay you what you feel is fair compensation for your services but also state reasons why you'd rather stay working there. If they still aren't trying to give you what you want, than say thank you for the great experience working there but you must go where you receive the most benefits. Also its worth asking for compensation in vested preferential stock if you anticipate there being a substantial increase in the company's evaluation down the road. Though remember that you have to actually buy the stocks out of pocket when the time comes to execute your stock option. Which if you are barely covering your overhead now you should be careful anticipating actually having access to the money at that later date
- mortdeus 8y agoIts really not the CEOs job to ensure that everybody gets paid what is moralistically fair to the employees because he has a fudiciary responsibility to the share holders to maximize the return on their investment. What this means is doing whatever is necessary to retain valued employees and yet also try and make that profit to revenue ratio as high as possible on their quarterly report. Or at least make it look like that ratio will net positive in the near future. What this means to you is that if your CEO is actually willing to let you walk, assuming he's not bad at his job, you need to really consider whether they can afford to pay you (and everyone else for that matter) more while still being able to reach their quarterly goals. Thats why you might want to consider asking for stock options instead because if the CEO is focusing on increasing the companies valuation, chances are you can make even more money down the line. In conclusion don't just expect that a CEO who is negotiating hard with you, is only doing so because they are trying to cheat you. They might actually personally agree that you should probably get paid more but they probably feel that way about themselves as well. Stock is always the last ditch best effort to try and get the compensation you feel you deserve. Plus it reassures the CEO that they don't have to worry as much about losing you to the competition. At least not for a couple more years, and who knows. Maybe by then the company will do so well you'll be in a much better position to negotiate for a promotion.
- xs83 8y agoYou need to ask the following questions (to yourself): - Has your salary increased with inflation? - Has your job changed to include increased responsibilities? - Do you feel others are getting paid more than you for the same roles with similar experience? If the answers above are no then its unlikely you would get a pay rise. Unfortunately I have to agree with a lot of the people below, the best way of securing more money is to find a different job with a different company. Asking "I have been offered X - can you match it?" is a sure fire way to have confidence in you reduced. If you feel you are capable (and the company can support it) then by all means ask for a promotion and a salary package that matches it and your wants. New jobs mean new challenges and new learning experiences - this should also factor into your decision, the ability to work at something modern you are interested in on the job is a perk many people dismiss!