Bill OrganizerBillsIncomeMortgageCalculators
๐Ÿ’ผMoney Tips

How to Negotiate a Raise: Script, Timing, and Strategy

Get the raise you deserve. Step-by-step guide with exact scripts, timing, and what to do if they say no.

7 min read

By the Monthly Income Booster editorial team ยท Updated ยท How we research and fact-check

People who negotiate earn $1 million more over their career. Yet 57% never ask. Here's how โ€” with word-for-word scripts.

When to Ask

Best: after a major project, during review season (start 2 months early), or when you've taken on new responsibilities.

Step 1: Research

Glassdoor, Levels.fyi, Payscale, LinkedIn Salary. Get 3โ€“5 data points. Below median = strong case.

Step 2: Build Your Case

Top 3โ€“5 accomplishments, quantified: 'Increased sales 15%,' 'Reduced churn 20%,' 'Led team of 5.'

Step 3: The Script

'I'd love to discuss compensation. I've [accomplishment 1], [accomplishment 2], [accomplishment 3]. Based on research, [$X] would be appropriate.' Then STOP TALKING.

Step 4: Objections

Budget tight โ†’ 'Revisit in 3 months? Open to bonus or PTO.' Not long enough โ†’ 'What milestones would justify it?' Let me think โ†’ 'When should I follow up?'

Step 5: If No

Ask what goals to hit in 3โ€“6 months. Get it in writing. Deliver. If still no, interview elsewhere for leverage.

The Math

$5K raise at 30 with 3% annual increases = $200K+ lifetime earnings. One 15-minute conversation. Pair with the Bill Organizer app.

Related reading: Debt Payoff Strategies.

Official sources

Tax rules, limits and pay data change. Check the current figures with the primary source before acting on them.

Ready to Boost Your Income?

Get a personalized income plan based on your skills, schedule, and goals โ€” free.

Free Income Tips

Weekly strategies to boost your income โ€” no spam.

Unsubscribe anytime. No spam, ever.