Asking for a raise can be intimidating, especially if you’ve never done it before. These three leading female entrepreneurs break down their tried-and-true tips to help guide you on how to ask for a raise and get it.
Monday Motivation: How to Ask for a Raise & Get It
Diane von Furstenberg, Fashion Designer
“The first questions you have to ask yourself are, ‘Do I deserve it?’ and, ‘Why?’ Be hard on yourself while you question yourself. If you think you deserve it, then go for it and explain the reason. Do NOT whine. No tears in the eyes, no complaints. Go with the positives and the positives only. Explain that you deserve the promotion and that with that, you will build ahead for the company. If you are absolutely sure that you deserve it, you will get it. But do NOT be a victim, be a leader.” – The Cut.
Jen Atkin, Founder of OUAI
“First and foremost, before asking for any raise, make sure you’re meeting and exceeding the expectations with your job. Be humble, work hard, and don’t try to compete with anyone else. There’s enough to go around for all of us to be successful.” – The Zoe Report.
Bianca Gates, CEO & Co-Founder of Birdies
“In my experience, the best conversations regarding a raise happened after I had done my homework on why I should be making more, as well as understanding what ‘more’ is and knowing the right time to ask. Simply asking for more money because you think you deserve it is not enough. A few things to help prepare for this conversation: How much less (or more) are you making than your peers doing the same work? How have you exceeded the expectations given to you? Have you done this consistently? How much more do you think you deserve and what is the logic behind this number? Do your research, put together a compelling reason, and you’ll find that not only will you get that raise, but you’ll impress your boss in doing so.” – The Zoe Report.
Have you asked for a raise and gotten one? Tweet me your top tips @lorenridinger.