Course notes for Get Your Next Raise

Notes, action items, materials, and resources for each lesson


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Lesson 1: Start now

What you’ll accomplish in this 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.

Action items

Materials


Lesson 2: Estimate your market value

What you’ll accomplish in this lesson

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.

Action items

Materials

References


Lesson 3: Set your goal

What you’ll accomplish in this 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.

Action items

  • Set your target salary
  • Record your target salary in the Get Your Next Raise worksheet

Materials

References


Lesson 4: Build your case

What you’ll accomplish in this lesson

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.

Action items

  • Document your accomplishments in the Get Your Next Raise worksheet
  • Document your accolades in the Get Your Next Raise worksheet

Materials


Lesson 5: Put your case in writing

What you’ll accomplish in this lesson

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.

Action items

  • Put your case in writing using the Get Your Next Raise email template
  • Review it, but don’t send it!

Materials


Lesson 6: Ask for your raise

What you’ll accomplish in this lesson

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.

Action items

  • Meet with your manager
  • Email your manager

Materials


Lesson 7: Plan your next steps

What you’ll accomplish in this lesson

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.

Action items

  • Not yet—Collaborate with your manager on a plan with a timeline
  • No—Consider all of your options
  • Yes—Plan for your next raise
  • Start now

Materials

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