$0 Job Loss Warning Signs Checklist

How to Request a Pay Raise: A Practical Script for the Conversation

How to Request a Pay Raise: A Practical Script for the Conversation

Most people handle salary conversations wrong — not because they lack confidence, but because they frame it as a request for a favour rather than a business negotiation. The difference in outcome can be tens of thousands of dollars over a career.

Getting a raise isn't about being the hardest worker in the room. It's about making your value legible in terms the organisation already cares about, timing the conversation when your leverage is highest, and knowing what to say when you get a "not yet."

Build the Case Before You Have the Conversation

Walk into this meeting with a one-page brief, even if you never hand it over. It forces clarity in your own thinking and gives you a structure to fall back on if the conversation gets uncomfortable.

Your brief should cover three things:

Market rate. Pull current salary benchmarks from at least two sources — LinkedIn Salary, Glassdoor, Levels.fyi (if you're in tech), or sector-specific salary surveys from professional associations. The number that matters is the median or 75th percentile for your role, seniority level, and location. If there's a gap between your current comp and market rate, that's your anchor.

Your quantified contribution. Specific numbers are far more persuasive than general statements. "I increased pipeline conversion by 18% over Q3–Q4" lands differently than "I've been doing great work." If you don't have exact figures, use credible estimates with visible reasoning — "this project saved approximately X hours per month across the team" is still a number.

The ask. Know the specific number or range you're asking for before you go in. Vague requests ("I was hoping for something higher") weaken your position. A specific number signals that you've done your homework and have a rational basis for the request.

Timing Is a Leverage Variable

The best time to request a raise is when your leverage is highest, which is rarely just after your annual review cycle — despite what most career advice suggests.

You have the most leverage when: - You've just completed something high-visibility and the result is fresh. Ask within 2–4 weeks of a clear win, not six months later. - You have a competing offer, even if you're not actively planning to leave. This is the strongest lever most employees never use. - The company is in a growth phase or has recently raised capital/reported strong earnings. Raises are easier to approve when budget pressure is low. - You have specialised knowledge or relationships that would be expensive or slow to replace.

Avoid requesting a raise when the company is in a restructuring phase, when your manager is under pressure, or when you've just had a performance stumble. Timing matters more than most people acknowledge.

The Conversation Itself

Start with the meeting request framing: "I'd like to find 30 minutes to discuss my compensation — I've done some market research and I have some thoughts I'd like to share." Don't bury it in a 1:1 or spring it at the end of another meeting.

In the meeting, lead with contribution, not need. "My rent went up" is your problem. "I've taken on X, delivered Y, and here's what the market says that profile is worth" is a business conversation.

A straightforward script:

"Over the past [time period], I've [specific contributions with numbers]. Based on what I'm seeing in the market for this role and skillset, there's a gap between my current comp and what comparable roles are paying. I'm looking to address that gap and bring my comp to [specific number]. I wanted to have this conversation with you directly rather than through another offer."

Then stop talking. Don't fill the silence with justifications or walk back the number. Let them respond.

Free Download

Get the Job Loss Warning Signs Checklist

Everything in this article as a printable checklist — plus action plans and reference guides you can start using today.

What to Do If You're Told No

A flat no is rare in professionally managed companies. More common responses:

"Not right now — maybe at the next review cycle." Get specificity. "What would need to be true for this to happen at the next review?" and "Can we agree on a date to revisit this?" convert a deferral into a trackable commitment.

"The budget isn't there." If base salary is genuinely frozen, pivot to other forms of compensation: an additional week of leave, remote work flexibility, a title change that improves your external market position, a signing bonus equivalent in a year-end payment (which sometimes comes from a different budget than base salary).

"We can do a smaller adjustment." Counter with: "I appreciate that — if we can get to [your number] in two tranches, I'm open to discussing that structure." This keeps the conversation collaborative rather than adversarial.

If you're consistently underpaid and the organisation isn't willing to address it, that's a data point about your medium-term prospects there. The research on layoffs is consistent: employees who feel undervalued and underpaid are more likely to disengage, produce less, and get cut when restructuring happens. A pay raise conversation done well is also a signal about how the company values your contribution.

A Note on Timing and Job Security

Proactively negotiating your compensation is one of the most underused forms of career risk management. Employees who know their market value, negotiate it periodically, and maintain external visibility are in a significantly stronger position when a downturn hits — both in terms of financial buffer and speed of recovery.

If you're reading the warning signs at your organisation and wondering whether to have this conversation now or wait, read the Job Loss Survival Guide. There's a point at which optimising your current comp becomes less important than protecting your exit terms — and knowing when you've crossed that threshold is one of the most valuable judgements you can make.

Get Your Free Job Loss Warning Signs Checklist

Download the Job Loss Warning Signs Checklist — a printable guide with checklists, scripts, and action plans you can start using today.

Learn More →