How to Time Your Raise Request for Maximum Success
The current economic climate has put many workers in a challenging position. According to ZipRecruiter's Q3 Job Seeker Confidence Survey, only 27% of employees who stayed with their employers during the Great Resignation (2021-2022) received pay increases. This financial pressure continues today, with the National True Cost of Living Coalition reporting that 65% of middle-class Americans are struggling financially despite inflation cooling to 2.4%.
## Create a Foundation for Your Request
Before discussing a raise, establish clear performance metrics and document your successes:
1. **Schedule Regular Performance Discussions**
- Request quarterly meetings with your manager
- Focus on understanding success metrics
- Clarify the difference between meeting and exceeding expectations
- Get specific feedback on your performance
2. **Document Your Achievements**
- Maintain a detailed "brag sheet" or continuous resume
- Record quantifiable successes
- Track projects completed ahead of schedule or under budget
- Note positive client or colleague feedback
## Choose the Right Timing
Strategic timing can significantly impact your raise request's success:
### Best Times to Ask
- During annual performance reviews
- Before the company's fiscal year budget planning
- Following major project successes
- When the company is performing well financially
### Times to Avoid
- During hiring freezes
- Following layoff announcements
- When the company is struggling financially
- During organizational restructuring
## Making Your Request
When you're ready to have the conversation:
1. Schedule a dedicated meeting
2. Frame the discussion around your documented achievements
3. Use language like: "I'd like to discuss my performance metrics and how my contributions can be recognized and rewarded"
Remember: As career coach Angelina Darrisaw notes, "Your salary is not top of mind to anyone else but you." Take initiative in managing these conversations while remaining sensitive to company timing and circumstances.
## Pro Tips
- Build your case before making any requests
- Stay informed about your company's financial health
- Understand your industry's standard compensation ranges
- Be prepared to highlight specific achievements and their impact
- Consider the company's budget cycle when planning your timing