Codie Sanchez says don't ask for a percentage raise. Instead, propose a plan to increase company revenue or key metrics, then renegotiate your salary based on hitting those targets. She provides a script to use with your manager.
Chapters
How to negotiate to get more money in your salary. Have your boss thank you for it. Most people do this wrong. Hey boss, I was wondering. I've been here for about a year. I'd like to increase my pay, say by 10 or 15%. Here's the right way. Hey boss, I was wondering if I could set up a meeting in a few weeks to talk to you about an idea. Basically, I think I found a way where I can increase how much money I bring into the company. Would you be open to talking about it with me? Absolutely. I'd love to hear about it. Here's what I came up with. I have a goal to hit X revenue in the company. I think I can beat that goal by 50% and I might be able to beat these other metrics by 25% if I do those things. Would you be open to renegotiating my salary? Absolutely right way to negotiate.