Workplace Wellness: How to Ask For a Raise

Posted by Julia McVeigh on

How does compensation relate to workplace wellness? Well, studies like this one show that feeling valued at work is linked with higher rates of wellbeing. And while the notion of "value" isn't simply monetary, it's hard to ignore the glaring fact that money matters. Indeed, given that women still make about 20% less than their male counterparts here in the United States, it’s never been more important to know how to ask for a raise. Here’s how.

Do your research.

Before you decide to ask for a raise, do some reconnaissance around your competitive set. That’s to say, are you currently being paid market value? If you’re not, that’s a strong talking point to begin negotiations, granted you are working to your full potential. If you are being paid competitively, but still think you deserve a raise, don’t worry about it – our next recommendation will help you out.

Take account of what you’re doing.

Have your responsibilities increased since you were hired and/or received your last pay bump? What have you accomplished recently? These are all critical points to consider and make note of as you prepare to make your case for a raise. Be as thorough and specific as possible about the role you play in your company and how that correlates to your overall value.

Understand your motivations.

If you’re asking for more money because you feel like you deserve it, or you’re tired and work so hard, or your bank account is low, then unfortunately you’re asking for the wrong reasons. Step outside of personal motivations and step into the place of your employer: Why should they compensate you more for the work you’re doing? Sell yourself in an active way, focusing on the value you actually bring versus the compensation you feel you need.

Select a good time.

Conversations like this are best had at the appropriate moments, such as yearly or quarterly reviews or work anniversaries. Translation: You shouldn’t be broaching this subject while at your company holiday party or over email when your boss is on vacation. Furthermore, ensure that the timing is realistic: If you’ve only been working with your company for three months, it’s probably not the right time to ask for a raise.

Be prepared to negotiate.

Conversations around compensation can often be a fluid, so it’s important to put on your negotiating pants. In fact, a wise former boss told us in confidence that asking for a number higher than you think you’ll be able to procure is a good strategy (within reason), as it places you in a better negotiating position from the onset. Chances are, this number will be countered with something lower, but you’ll still be happy with what you’re walking away with. At least, we hope so! 

asking for a raise professional inspiration workplace wellness

← Older Post Newer Post →

News

RSS
Tags
2017 resolutions adaptogens adrenal fatigue alcohol Alkalizing foods Almond Butter Cups amina altai Asana asking for a raise athleisure Bibliotherapy biscuits blueberry cheesecake bars Brooklyn Burnout Business Travel caffeine caffeine withdrawal chakras cheddarbiscuits chocolate cleanse cleanse your mind coconut sugar Coffee Consciousness cooking class dessert Detox diet Dry January Dry-Uary eating mindfully Emotional Energy Clearing entreprenourished face oils family stress fitness Food allergies foods for hypothyroidism Gluten Free gluten free snacks glutenfree goal setting golden milk golden milk chai guide to sleep Gut health gut healthy health healthy Healthy Alcoholic Drinks Healthy Cocktails Healthy Dessert Healthy Drinks healthy eating healthy eggnog healthy gut healthy living Healthy Restaurants healthy sleep Healthy Snack healthy snacks healthy tips heart wall Holiday detox holiday eating holiday recipes homemade how many hours should you sleep how to set resolutions hygge hypothyroid hypothyroidism Inflammation interview Is coffee bad jump rope workout Kombucha lemon detox water lemon water liver cleanse low glycemic snacks Low Sugar Cocktails low-sugar marathon meal prep meal tips meditate at work Meditation Mental Health microbiome mocktails money monotasking mushrooms mycotoxins myths and facts cleansing new years resolutions nourishment Nutrition passionate work Peanut Butter Cup Ph levels Physiology Positivity productivity professional inspiration protein bars PTO q+a quitting sugar raw dessert Reading Reading List recipe Running scones Self Care self-care shopping on budget sickness prevention skincare sleep sleeping tips snack Specific Carbohydrate Diet spring cleanse spring cleanse series stevia strawberryscones stress stress management Success sugar sugar-free Travel travel snacks Travel Well travel workout turmeric turmeric latte unity valentine's day vegan vegan eggnog vibrations Wellness Wellness Bloggers Wellness Books wellness hacks wellness travel wellness trends Williamsburg work wellness Workout Workout Tips Workouts workplace health workplace wellness Yoga Yoga Poses zero food waste zucchini latkes zucchini pancakes zucchini recipe

Recent Posts