How to Negotiate Your Salary and Get a Raise

Business negotiation meeting salary discussion

People who negotiate their salary earn $1 million+ more over their careers than those who accept the first offer. Yet 60% of workers never negotiate. Here's exactly how to do it โ€” with scripts.

Why Most People Don't Negotiate (And Why That's a Mistake)

Fear of rejection keeps people from asking. But consider: 87% of employers expect candidates to negotiate. Not negotiating is leaving money on the table โ€” sometimes $10,000โ€“$30,000 per year.

A $5,000 raise at age 25 compounds to $634,000 extra over a 40-year career (with promotions built on top of it).

Step 1: Research Your Market Value

Know the market rate for your role, experience level, and city before any conversation. Use:

  • Glassdoor.com โ€” see real salaries by company and title
  • Levels.fyi โ€” tech compensation benchmarks
  • LinkedIn Salary โ€” filtered by location and experience
  • BLS.gov โ€” Bureau of Labor Statistics averages
  • Payscale.com โ€” personalized salary report

Gather 3โ€“5 data points. Your target range should be 10โ€“20% above your minimum acceptable salary.

Step 2: Build Your Case

Quantify your impact. Before any salary conversation, write down:

  • Revenue you generated or saved the company
  • Projects completed ahead of schedule
  • New skills or certifications earned
  • Problems you solved that others couldn't
  • Positive performance review quotes

Step 3: The Negotiation Scripts

For a New Job Offer

"Thank you for the offer โ€” I'm really excited about this opportunity. Based on my research and the value I'd bring, I was expecting something closer to [X]. Is there flexibility to get to that number?"

For a Raise at Your Current Job

"I'd like to discuss my compensation. Over the past year I've [specific achievement: delivered $200K project on time, reduced churn by 15%, onboarded 3 new clients]. Based on market data and my contributions, I believe $[X] reflects my current value. What would need to happen to get there?"

Step 4: Handle Common Objections

Employer SaysYou Respond
"That's above our budget""I understand. What's the highest you can go?"
"We don't have budget right now""Could we set a 6-month review with a raise tied to [specific goal]?"
"Everyone gets the same raise""I respect the policy. Are there other ways to increase total compensation โ€” bonus, extra PTO, remote days?"
"We'll think about it""Of course. When can I expect a decision?"

If They Can't Meet Your Number โ€” Negotiate the Package

Salary isn't the only lever. If base pay is fixed, ask about:

  • Signing bonus (one-time, often easier to approve)
  • Performance bonus structure
  • Extra vacation days
  • Remote work days
  • Professional development budget
  • Earlier performance review date (e.g., at 6 months instead of 12)

When to Ask for a Raise

Best TimingAvoid
After a major win / project successDuring company layoffs or crisis
At annual review timeMonday mornings / Friday afternoons
After taking on more responsibilityWhen your manager is stressed
When you have a competing offerBy email (always in person/video)
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