With the cost of living rising and economic uncertainty ahead, many professionals are wondering: Is now the right time to ask for a raise?
Sheila Musgrove, founder of TAG Recruitment, recently joined Global News’ Future of Work series to break down the best strategies for successfully asking for a salary increase.
If you’re considering having this conversation, preparation is key. Here are four steps to help you confidently navigate the process.
1. Identify the Right Timing
Not sure if it’s the right time to ask for a raise? Start by asking yourself these questions:
✔ Have your responsibilities expanded beyond your original job description?
✔ Are you excelling in your role and consistently delivering strong results?
✔ Has it been 12-24 months since your last salary increase?
✔ Does your current salary align with market rates in your industry?
If you answered yes to any of these, it’s a good time to start planning your request.
2. Do Your Research & Prepare Your Case
A salary conversation isn’t just about what you want—it’s about demonstrating your value. Before approaching your manager:
🔹 Document your contributions – Highlight your accomplishments, key projects, and impact on the company.
🔹 Research salary benchmarks – Use online tools and job postings to compare your pay with market standards.
🔹 Write down your case – Organize your points in a clear, professional manner to support your request.
3. Send Your Request in Writing
A raise request can feel like a big conversation, but you can ease the process by sending your key points in advance via email.
This allows your manager time to review your request and consider your contributions before your meeting. It sets the stage for a more productive discussion.
4. Be Ready for Any Outcome
Even if you’ve built a strong case, budget constraints may impact the decision. If you receive a “not right now” response, don’t let the conversation end there. Instead:
✔ Ask when your salary can be reviewed again.
✔ Set a follow-up meeting in a few months.
✔ Continue tracking your successes to revisit the discussion at a better time.
Final Thoughts
Asking for a raise doesn’t have to be intimidating. With the right approach, you can confidently advocate for yourself and your career growth.
Looking for expert career advice or your next job opportunity? Contact TAG Recruitment to see how we can help!