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.
By the Monthly Income Booster editorial team ยท Updated ยท How we research and fact-check
People who negotiate earn $1 million more over their career. Yet 57% never ask. Here's how โ with word-for-word scripts.
When to Ask
Best: after a major project, during review season (start 2 months early), or when you've taken on new responsibilities.
Step 1: Research
Glassdoor, Levels.fyi, Payscale, LinkedIn Salary. Get 3โ5 data points. Below median = strong case.
Step 2: Build Your Case
Top 3โ5 accomplishments, quantified: 'Increased sales 15%,' 'Reduced churn 20%,' 'Led team of 5.'
Step 3: The Script
'I'd love to discuss compensation. I've [accomplishment 1], [accomplishment 2], [accomplishment 3]. Based on research, [$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 3โ6 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.
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