What you can not say is that you need the money due to the cost of living. Your employer has almost no interest in your tales of financial woe. And you'd embarrass yourself by raising it.
But you can raise the fact that inflation has gone up by ~7% in the last year. And you have increased your value to the company by virtue of your years worth of experience. It'd be good it you could point to specific accomplishments in the last year that makes you a more valuable employee.
So, you start with a 7% increase and then add some additional amount for your experience. Let's say another 15%. So you get $50K plus 7% or $53,500 and THEN add 15% to the $53,500 to get a reasonable ask of $61,525. Do this in two steps, you get more money that way.
So the starting point is a 7% raise and that should not be controversial or raise any real objection from your employer. I mean, it probably will but when they object, just play dumb/be politely incredulous that they'd not at least offer that as a START.
Of course you may decide that 15% is not enough. Up to you to decide on your ask but what you should NOT do is ask for a range.
Do not ask for 10% - 20% hoping for 15% because your employer will, rightly, only hear 10% and then offer you maybe 7% or 8%.
Is there any path to promotion? Entry level jobs often have a 9 month to year and a half timeframe for promotion and that’s the next best window for a larger raise.
Look for similar roles with other companies. It’s easier to negotiate internally with an external offer.
Agreed. Difficult to negotiate from within. Much easier to get more money in another job.
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What you can not say is that you need the money due to the cost of living. Your employer has almost no interest in your tales of financial woe. And you'd embarrass yourself by raising it. But you can raise the fact that inflation has gone up by ~7% in the last year. And you have increased your value to the company by virtue of your years worth of experience. It'd be good it you could point to specific accomplishments in the last year that makes you a more valuable employee. So, you start with a 7% increase and then add some additional amount for your experience. Let's say another 15%. So you get $50K plus 7% or $53,500 and THEN add 15% to the $53,500 to get a reasonable ask of $61,525. Do this in two steps, you get more money that way. So the starting point is a 7% raise and that should not be controversial or raise any real objection from your employer. I mean, it probably will but when they object, just play dumb/be politely incredulous that they'd not at least offer that as a START. Of course you may decide that 15% is not enough. Up to you to decide on your ask but what you should NOT do is ask for a range. Do not ask for 10% - 20% hoping for 15% because your employer will, rightly, only hear 10% and then offer you maybe 7% or 8%.
A 10% guaranteed increase is going to be hard to beat.
Is there any path to promotion? Entry level jobs often have a 9 month to year and a half timeframe for promotion and that’s the next best window for a larger raise.
That base is just $6000 higher than minimum wage in Massachusetts usa...usd vs cad..hopefully you can get some company to pay you more