Just the thought of asking for a raise at work can be enough to get your heart pounding. For many workers, asking for a raise can be intimidating. You might be afraid of how your boss will react, unsure of how to react yourself, or lost as to how you should go about this somewhat delicate process.
It’s crucial that you learn to ask for and negotiate higher pay at the beginning of your career. It’s the best investment you can make in yourself, as just like any other investment it has the potential to compound over time.
In other words, if you fail to negotiate for a raise early on in your career, you’re missing out on an opportunity to earn more over time.
The key to successfully asking for a raise is to be prepared. Educate yourself on how to negotiate and understand what you should and shouldn’t do when asking for more. [Read more…]