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February 2025 Newsletter Feature

Is is time to ask for a raise?

Here are the tips to help you ask for a raise effectively:

 

Remember that the Ticket to Work Program is designed to support your journey towards financial independence. Increasing your earnings can lead to greater self-sufficiency and reduced reliance on benefits. Increasing your earnings can be a significant step towards financial independence. Here are some tips to help you ask for a raise effectively:

Highlight Your Achievements

Document your accomplishments and contributions at work. Keep an ongoing log that focuses on specific examples where you’ve added value, such as completing projects, improving processes, or receiving positive feedback from colleagues or clients. When you’ve collected enough to share, you’ll be ready to show your increased worth!

Research and Prepare

Research the typical salary range for your position and industry. This information will help you set a realistic salary expectation.

Choose the Right Time

Timing is crucial. Ask for a raise during a performance review or after successfully completing a significant project. Avoid asking during stressful periods or when the company is facing financial difficulties. If you are unsure, this is the kind of thing to run by your Career Coach.

Additional tips found on YouTube, published by ABC News: Joyel Crawford, Human Resource expert and author of the book “Show Your Ask,” shares tips on how to navigate that salary conversation with your boss. October 12, 2024

Build Confidence

Practice your pitch. Rehearse with your Career Coach, or a friend or mentor to build confidence. Practice what you will share in front of a mirror, so you remember to make eye contact and keep great posture giving you a confident vibe. Focus on being clear, concise, and effective in your request.

Be Professional and Positive

Approach the conversation with professionalism and a positive attitude. Express appreciation for your job and frame the discussion as a collaborative effort to align your compensation with your contributions.

Be Prepared for Any Outcome

Be ready for any response, whether it’s a yes, no, or a counteroffer. If your request is denied, ask for feedback on what you can do to earn a raise in the future. Use this as an opportunity to set goals and create a plan for your professional development.

Utilize Work Incentives

Remember that the Ticket to Work Program offers various work incentives that can help you transition to higher earnings without immediately losing your benefits. Consult with your ERS Benefits Specialist for personalized advice.

By following these tips, you can approach the conversation with confidence and increase your chances of success. Taking these steps can help you achieve greater financial independence and career satisfaction. You’ve got this!

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