Leadership Tip

How to ask for a raise amid inflation

As we all navigate the new, more expensive, supply-chain-snarled world amid the Great Reshuffle, workers do not perceive themselves as having as much leverage as they once did. So when and how are the best ways to ask for more money? Try these tips:

  1. Strategically pick a time following a win, not when your line manager is busy or after a crisis.
  2. Investigate what your employer and competitors are paying someone in a similar role.
  3. Ask people who work in your field how much they make - or ask them how much they think you should be paid.
  4. Make the conversation collaborative, communal and holistic, focusing on how it can help leaders or the organisation.
  5. Have a specific number in mind and make the first offer. If it's a no, ask what you need to do to get a raise - and then don’t let the conversation stop without concrete specifics.

The above leadership tip...
was sent in response to a question from a participant on our acclaimed 10/10 leadership development and mentoring programme. Whether you're a first time manager or an experienced leader, straightforward, practical advice on best practice is hard to find. Until now. To find out how you, your team or your organisation can benefit, please join us on our next complimentary webinar or contact us.


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