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Most of us are uncomfortable asking for a raise. As an employee you feel nervous and apprehensive about what your boss will say if you ask for a raise. Since we all try to avoid situations that lead to conflict, we also shy away from this particular scenario.

There are several ways in which you can ask for a raise and meet with success.

First, take the time to full understand the parameters on which your performance is judged. You need to know not just how well you performed but also know how well you performed in comparison with your peers. Your performance also needs to stand out and you should have at least a few accomplishments to show in recent months. Most superiors do not remember your successes of the past and are more likely to remember something you have done recently. Your performance should be summarized in the form of a list of achievements. These should be hard figures such as how much time you have saved the company, how much you have saved in terms of costs, how many new customers you have got, how many old customers you have been able to retain etc. In short, you should prepare an elevator speech of your achievements.

Before asking for a raise, take into account the risks involved. Since the matter relates to compensation, it could leave your relationship with your superior strained. This could especially happen if your superior does not agree with your evaluation of your performance. If you already know that the company is not doing too well and that there have been budgetary cuts the chances of getting a raise are bleak. You should also find out if anyone else has tried to get a raise in the past and whether they were successful. You may realize that the company or your boss are not open to such requests or you may be spurred on by previous successful attempts.

Before asking for a raise, be sure of the percentage of raise that you will accept. Do not ask for too high a figure. Be realistic and ask for a percentage that is just above what you actually expect. Keep in mind that your boss will negotiate with you so don’t ask for too low a figure either.

Select the right time for the conversation. It is usually better to schedule this kind of a meeting with your boss earlier in the week when they are likely to be less tired. Fix a time with your superior in advance. Avoid just walking into your boss’s office and asking for a raise.

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