How to Discuss a Potential Raise (during your contract extension meeting)

You have been in your Digital Technologies role for almost a year, and it is time to talk about plans for next year.  Over the past 8 months, you have been busy increasing your value at work and would like to discuss a potential increase in pay with your contract extension. Maybe your role has recently expanded, and you hope that your compensation will reflect this increase in responsibility.

So, what do you do about it?

Figuring out when and how to ask for a raise is not always obvious. There are also a lot of misconceptions surrounding what makes you eligible for a raise—and when a raise is not warranted or guaranteed.

• Check out the eClass Module How to Discuss a Potential Raise During Contract Extension Meeting for more tips
• Additional resources include the following LinkedIn videos:

How to negotiate salary from A Career Strategist’s Guide to Getting a Job by Jenny Foss

1. Gather data on salaries
2. Think about your specific value to the company
3. Show your enthusiasm

How to Research Your Market Worth Online

How to research your market worth online from Negotiating Your Compensation Package by Emilie Aries

1. Your salary = market value
2. Know your market; consider title, sonority, industry and economy
3. Understand the supply and demand in your industry

What to Avoid in a Negotiation Conversation

https://www.linkedin.com/learning/negotiating-your-job-offer/what-to-avoid-in-a-negotiation-conversation?resume=false&u=2174970