What's everyone's best advice when asking for a significant raise? I need to be earning a lot more 💲💲💲

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Beat way to do it is to get a verified 3rd party market study and submit it to your manager asking why you make less than the median. If you don't make less than that, find a new job or simmer down.

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Best way is to move externally. Significant raises rarely happen internally, no leverage or need to.

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I agree with the person that said “what you need is irrelevant.” Salaries operate the same way as any product in the marketplace. Every job has a “market price” or in this case a “market range.” Find out what the market range is for the job that you do in your industry in your city. And high or low you fall in that range depends on your skills, education, and experience. The more you have, the higher you fall in that range.

The best thing is always to negotiate for as high as you can when you get an offer. Because after that, you’ll only get 2-3% yearly raises. If you now want a higher raise than this you can try to apply for an internal position that would be a promotion. Or the best thing is to get another offer from elsewhere and leave. That’s what I did and I got 40% more. Even if you get “promoted,” most companies don’t give internal candidates more than like 10-15%. Sad but true.

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That what you “need” is irrelevant. What are you worth and what do you bring to the table. Not uncommon that the employee needs to upskill or do more before they earn more.

Years ago I had someone come to me and tell me they needed a raise because their expenses were too high. He was already at the top of the range and not a top producer. I told him earning more was 100% on him. Sell more and that paycheck goes up. He only lasted another six months and left. Couple months later called to ask if his position was still available. You have to be worth what you want/need. He wasn’t.

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give this man a raise.

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