You are underpaid. Most people are. But your boss isn’t going to walk over and give you a raise out of kindness. You have to ask.
Here is How to Negotiate a Higher Salary at Your Current Job (without getting fired).
1. Timing is Everything
Don’t ask on a Monday morning. Don’t ask after a bad quarter. Ask right after you have completed a big win (shipped a project, closed a deal).
2. Prepare Your “Brag Sheet”
Your boss doesn’t remember what you did 6 months ago. Write it down.
- “I saved the company $5,000 by switching vendors.”
- “I increased sales by 10%.”
Bring data, not feelings. Don’t say “I work hard.” Say “I generated X result.”
3. The “Market Rate” Anchoring
Go to Glassdoor or Payscale. Find out what other people in your role make.
Say: “The market rate for a Senior Designer is $85k. I am currently at $70k. Given my performance this year, I would like to foster a correction.”
Kiran’s Take: Be Willing to Walk
Negotiation only works if you have leverage. The ultimate leverage is another job offer.
Interview with other companies. Get an offer. Then go to your boss. If they say no, you leave. It is business, not personal.
Conclusion
A 5-minute uncomfortable conversation can earn you $10,000 a year for the rest of your life. Be brave.
Want to make money outside of work? Read Side Hustle Guide.
