In The Loop with Andy Andrews, hosted by David Loy
On this week’s episode, we discuss how to ask for a raise the right way and whether you should use another job opportunity as leverage.
Most people ask for a raise because they’ve been at the company for a long time.
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- This isn’t why you want to ask—it can make everyone uncomfortable.
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If you plan on using another job opportunity as leverage, you need to decide if it’s a real or potential opportunity—there is a huge difference.
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- Using a potential job offer as leverage has a lot of “pot holes” that come with it, because it’s not yet an actual opportunity.
- You need to be careful not to make your employer feel backed into a corner.
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The best way to ask for a raise is to ask how you can increase your value as an employee.
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- Let your employer know why you want a raise (like because you want to increase opportunities for your family), but keep that part short.
- You can never go wrong by showing gratitude to your employer during this process.
- If your employer tells you there is no way to increase your value in the company, you should probably look closer at the other opportunity.
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Tune in to hear exactly how Andy would go about starting the often-intimidating conversation of asking for a raise.
Would you like to run something by Andy? Contact us and your question might be featured on the show!
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- Phone: 1-800-726-ANDY
- E-Mail: InTheLoop@AndyAndrews.com
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