To Effectively Negotiate A Raise, Quantify Your Contributions

Planning to ask for a sometime soon? There’s a simple way to effectively negotiate your salary increase: quantify your contributions to the company.

Photo by Daniel Zedda

If your work contributions have helped save your company money, and you’re privy to that amount, toss the number out there, suggests Maureen Mackey of the Fiscal Times.

If you’ve saved your company $900,000 because you retooled a system, fixed a problem, eliminated a boatload of wasteful spending — say so. ‘That’s fertile ground for asking for a raise, and maybe a bonus, and maybe even a week off…

Mackey offers a few more useful tips for negotiating a raise. Check out the rest of her post.

5 Key Steps When Asking for a Raise [The Fiscal Times]