Notes, action items, materials, and resources for each lesson
The most important thing you can do to get your next raise is start now. If you’re like most people, you’re here because you’re stuck. Maybe you feel you’re underpaid or undervalued. You know you do good work, but your salary hasn’t kept up with your contributions. So here you are. Stuck.
This lesson—this entire course—will walk you through a proven process to get your next raise and get un-stuck.
We’ll end with a look at the email template that you will use to build and document your case as we go.
You will estimate your market value using a simple three-step process. Before you ask for your raise, it’s important to have a specific goal in mind. To set that goal—your target salary—you need to know your market value.
Your market value will give you a baseline that you can adjust to set your target salary in the next lesson.
You will set your target salary, which is your goal for your next raise. You will begin with your market value estimate, and adjust it for your specific situation.
You have set a specific goal, which is your target salary. Now it’s time to build your case to demonstrate that you have earned your target salary.
You’ll record all of your accomplishments—things you’ve done to add value to the company—and all of your accolades—recognition from others that you’re doing good work.
Once you’ve documented your accomplishments and accolades, you will have everything you need to build your case for your next raise.
You have documented your target salary and all of your accomplishments and accolades, you’re ready to put your case in writing. This will help you see how strong your case is and will also help you prepare to ask your manager for your next raise.
You will schedule a meeting to ask your manager for your raise to your target salary, using some of your accomplishments and accolades to make your case. After you ask for your raise in person, you will follow up by sending the email you drafted earlier.
Once you have asked for your raise, there are three likely outcomes. You will plan for each of the three likely outcomes so you know exactly what your next steps will be.
I'm Josh Doody, a professional salary negotiation coach who helps High Earners negotiate their job offers. On average, High Earners improve their first-year compensation by $47,273 with my help.
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