With inflation skyrocketing and a few years in which, on average, salaries have hardly increased in value, it is normal for many professionals to be considering requesting a salary increase.
Asking for a raise can be a situation that generates some concern. Thinking if we are going to be successful, or if they are going to reject it outright can affect the environment and the motivation with which we carry out the work. Luckily, several studies and surveys have traced the formulas and moments in which they tend to be most successful, to which is added the opinion of some recruitment specialists.
In the following lines we explain these keys to request a salary increase effectively.
When is the best time to ask for a raise?
A study carried out with data from more than 88,000 people based on has discovered that 11 in the morning is the best time to ask for a salary increase.
This is because the stress hormone cortisol is still high at this time of day, giving you more energy to ask for a raise, and your boss is more likely to listen to you.
Another previous study prepared by LinkedIn also had an impact on the best month to ask for a salary increase, with January, June and July being the best.
January is the month by preference since at the end of a year the companies anticipate the expenses of the next. And the months of June and July for their part are because some companies end their fiscal year then. Requesting it before the summer, with the promise of getting the increase from September with the ‘new course’ was also positioned as one of the best options.
And the phrases we should avoid
Fotini Iconomopoulos is an American business management expert of Greek origin and author of management books that four expressions that usually keep us from getting it when we request the expected increase.
-“I want more money”: Instead of saying that you want “a higher salary range” or a “salary increase”. Too often, says the expert, negotiations are stalled by naming the object of desire too explicitly.
-“I think I deserve it because…”: Instead of saying affirmatively: “I deserve a raise…”
-Threaten that you are going to go to the competition: Threatening to leave a company is a dangerous game, says the expert. “Your boss may ask you to pack up your things and go.”
Changing companies: the other option
But, if things don’t go well, you have to know that many times the best option to get a better salary is to change companies, unfortunately.
In Spain, he considers that an increase of between 2,000 euros and 4,000 euros gross per year would already be a significant increase. On the other hand, for 25% of the workers the increase would have to oscillate between 4,000 euros and 6,000 euros per year to be considered significant. For the most demanding, a significant increase would have to be above 6,000 euros per year.
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