Negotiate a salary raise with a structured approach. Covers researching your market value, documenting your contributions, timing the conversation, scripting your ask, handling objections, and following up if the answer is not immediate.
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Estimated time: 2-4 weeks preparation
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Research Your Market Value
Look up salary data for your role, experience level, and location
Use multiple data sources for accuracy: Glassdoor (largest employee-reported database), Levels.fyi (tech-specific, includes equity), Payscale (adjusted for experience and education), LinkedIn Salary (requires profile data), and the Bureau of Labor Statistics (government data by occupation). Search for your exact title, years of experience, and metro area. If remote, compare both your local market and the company's headquarters market. Collect 3-5 data points and calculate the median. Your target should be at or above the 50th percentile for your experience level.
Identify what peers at competing companies earn in similar roles
Ask trusted contacts at other companies what they earn or what their teams pay for your role (many people are willing to share ranges even if not exact numbers). Recruiter outreach is another signal: if recruiters regularly contact you with offers 15-20% above your current salary, the market has moved beyond your compensation. Job postings increasingly include salary ranges (required by law in Colorado, California, New York City, and Washington). Search current job postings for your title and note the ranges. Collect 3-5 comparable offers or ranges.
Calculate your total compensation including benefits, bonuses, and equity
Before negotiating, understand your full current package: base salary, annual bonus (typical and actual), equity grants (stock options or RSUs: current and projected value), retirement match (dollar value of employer 401k match), health insurance (employer's contribution), and other benefits (tuition reimbursement, wellness stipends). Your total compensation may be 20-40% above your base salary. When comparing to market data, compare total comp to total comp, not just base salary. A 5% raise on base salary when your bonus is 20% of base is less impactful than a 3% raise on total comp.
Document Your Contributions
Create a list of your top 5-10 accomplishments from the past 12 months
Focus on outcomes, not activities. Instead of managed social media, write grew Instagram engagement by 45% and generated 200 qualified leads through social campaigns. Quantify everything possible: revenue generated, costs saved, efficiency improvements (reduced processing time by 30%), projects completed on time, customer satisfaction scores improved, team members mentored, and problems solved. If you do not track your wins throughout the year, start now: keep a running document and add to it weekly. This brag document is the foundation of your raise case.
Connect your accomplishments to business impact and company goals
Frame every accomplishment in terms of what it meant for the business. Led the website redesign becomes Led the website redesign that increased conversion rate from 2.1% to 3.4%, generating an estimated 450,000 USD in additional annual revenue. Align your contributions with your company's stated priorities (revenue growth, cost reduction, customer retention, market expansion). This shifts the conversation from I want more money to here is the value I have created that justifies an investment in retaining me.
Prepare a one-page summary document to share with your manager
Create a concise document (one page, not a novel) with: your current title and compensation, your market research summary (3-5 data points showing the range for your role), your top 5-7 accomplishments with quantified impact, any additional responsibilities you have taken on since your last raise, and your specific request (exact number or range). This document gives your manager something concrete to take to their manager or HR. Verbal asks are easily forgotten or diluted. A written summary ensures your full case is represented accurately through the approval chain.
Time Your Ask Strategically
Choose the right timing: after a win, during budget planning, or at your anniversary
Best times to ask: within 2 weeks of a major project success, during the company's annual budget planning cycle (typically Q4 for the following year), at your annual review (if the company does them), or at your work anniversary. Worst times: during company layoffs, right after a missed target or poor quarter, or when your manager is under personal stress. If your company does annual raises in March, have the conversation in January to influence the budget allocation. Raises are decided before they are announced.
Schedule a dedicated meeting for the conversation, not a casual mention
Request a 30-minute one-on-one with your manager specifically to discuss your compensation and career growth. Say: I would like to schedule 30 minutes to discuss my compensation and how it aligns with my contributions and the market. Can we find a time this week or next? Do not ambush your manager during a regular 1:1 or in passing. A scheduled meeting signals that this is a thoughtful, prepared conversation, not an impulsive ask. It also gives your manager time to prepare, which increases the chance of a productive discussion.
Have the Conversation
Open with gratitude and frame the discussion around mutual value
Script: Thank you for meeting with me. I really value my role here and the opportunities I have had to contribute to [specific project or goal]. I want to discuss my compensation to make sure it reflects the value I am bringing and is aligned with the market. Do not open with threats, ultimatums, or complaints. Do not compare yourself to specific colleagues (this always backfires). Frame the conversation as collaborative: you are solving a problem together (keeping your compensation fair and competitive), not making a demand.
Present your case: market data, contributions, and specific ask
Walk through your one-page summary: Here is what the market pays for someone in my role with my experience [share data]. Over the past year, I have [top 3 accomplishments with business impact]. Based on this, I am requesting a salary adjustment to [specific number]. Aim 10-15% above your realistic target to leave room for negotiation. If you want 10%, ask for 12-15%. Be specific: I am requesting an adjustment to 95,000 USD is stronger than I would like a raise. Silence after your ask is powerful. State your number and wait for their response.
Handle common objections without getting defensive
Budget is tight: I understand. Can we discuss a timeline for when an adjustment might be possible? I am also open to discussing other forms of compensation such as additional equity, a spot bonus, or a title change. It is not review time: I wanted to raise this now so it can be considered during the budget cycle. Can we plan to revisit this formally in [month]? You are already at the top of the band: I appreciate that context. Could we discuss a promotion path that would move me into a higher band, given the level of work I am performing? Always have a Plan B: additional PTO, flexible schedule, professional development budget, or equity.
Follow Up
Send a follow-up email summarizing the conversation and agreed next steps
Within 24 hours, send an email: Thank you for the conversation today. To summarize, we discussed [key points] and agreed that [next steps, timeline, or decision]. I have attached the summary of my contributions for your reference. This creates a paper trail and ensures nothing is lost between your conversation and the decision. If your manager said they need to check with HR or their boss, the email keeps your case top of mind and provides the documentation they need to advocate for you.
If the answer is no, ask for a specific timeline and criteria for revisiting
A no is not always final. Ask: What would need to happen for us to revisit this in 3-6 months? Can you tell me what specific goals or milestones would justify the adjustment? Get the criteria in writing via email. Then deliver on those criteria and revisit at the agreed time. If the company consistently cannot or will not pay market rate after two attempts with documented contributions, this is valuable information: you now know your ceiling at this organization. At that point, external offers provide both leverage and options. This guide is informational only, not career advice.
Frequently Asked Questions
How much of a raise should I ask for?
Typical annual raises are 3-5% (cost of living adjustment). A merit increase or market adjustment ranges from 5-15%. A promotion-level raise is typically 10-20%. If you are significantly below market (15%+ underpaid), requesting a 15-20% increase is reasonable with strong market data to support it. Asking for more than 20% in a single conversation is unusual and may require a title change to justify. If the gap is over 20%, consider framing it as a phased adjustment over 6-12 months.
What if my manager says they do not have the budget?
Budget constraints are sometimes real and sometimes a negotiation tactic. Options to explore: a one-time bonus (often comes from a different budget), additional equity or stock options, a promotion with a raise timed to the next budget cycle, non-monetary benefits (extra PTO, remote work flexibility, professional development budget, conference attendance), or a guaranteed raise timeline (a written commitment to a specific increase at a specific date). If the company truly cannot pay market rate, this information helps you make decisions about your career.
Should I mention that I have another job offer?
Only if it is true and you are genuinely willing to leave. A fabricated or bluffed competing offer can permanently damage trust if discovered. If you have a real offer, present it factually: I have received an offer from another company at [amount]. I would prefer to stay here because [genuine reasons]. Is there a way to bring my compensation closer to this level? Be prepared for three outcomes: they match or improve your offer, they make a partial counter, or they wish you well. Never use a competing offer as a threat. Frame it as information that you are sharing because you want to stay.
When is the best time of year to ask for a raise?
The best time is 1-2 months before your company's annual compensation review cycle (usually Q4 for Q1 raises, or Q1 for mid-year raises). This gives your manager time to advocate for you during budget allocation. Other good windows: right after a successful project or quarter, during your annual performance review (though reviews and raises are often separate processes), or at your work anniversary. The worst time: during a hiring freeze, after layoffs, or immediately following a poor financial quarter. Ask HR or your manager when compensation decisions are made for the year.