When is the right time to ask for a raise in salary? Nearing the end of my first year at current tech startup. We don’t have a formal process to request a merit or cost of living salary increase that I know of… there’s less then 15 people in our company. I made a big no no when joining the company and did not negotiate the salary before accepting. Should I informally chat about future compensation to my boss? He’s a pretty laid back guy and I think he may be flexible with me.

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The best time to ask for a salary raise is when you have been a consistent top performer. List down all the value you have created for the role and team, processes you’ve implemented, money you’ve saved the company, market share you’ve increased, and performance metrics you have exceeded. Don’t go into negotiations empty handed. That’s like going to a battle without any weapons.

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