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Why Asking for a Raise Matters—Especially for Women
Let’s face it: talking about money—especially your own salary—can be uncomfortable. But avoiding the conversation can cost you lakhs over the course of your career.
Many women hesitate to ask for a raise out of fear of sounding greedy, ungrateful, or “too much.” But here’s the truth: advocating for your worth is part of building wealth.
You don’t need to be aggressive, awkward, or overprepared. You just need a smart plan.
Let’s break down exactly how to ask for a raise—and actually get it.
1. Know Your Value (Backed by Data)
Before you set the meeting, get clear on how much you should be earning.
Here’s how:
Research average salaries for your role, experience level, and industry using tools like Glassdoor, Payscale, or LinkedIn Salary Insights.
Compare based on your location, responsibilities, and company size.
Ask trusted peers or mentors (especially women in your industry) what they’re seeing in terms of pay trends.
Pro Tip: Write down your top 3 salary data points. Use them as your anchor when you make your case.
2. Track Your Wins and Results
To make a convincing case, don’t just say “I’ve worked really hard.”
Show how your work impacts the company.
Document:
Metrics (increased sales, user growth, revenue saved, improved processes)
Key projects you led or contributed to
Positive client or team feedback
New skills or certifications you’ve acquired
Example:
“I helped increase customer retention by 15% over the last two quarters and created onboarding materials that cut training time by 40%.”
Keep a running doc of these wins throughout the year—it’ll make raise time much easier.
3. Pick the Right Timing
Timing is everything. Here’s when to ask:
Right after a successful project launch or major achievement
During your annual or mid-year review cycle
When the company is doing well financially
After taking on more responsibility or a promotion in disguise
Avoid asking:
When your manager is overwhelmed or stressed
Right after budget cuts or layoffs
Just because you’re unhappy or comparing yourself to coworkers
4. Practice Your Pitch with Confidence
Confidence doesn’t mean cocky—it means clear, calm, and prepared.
Here’s a sample script you can tailor:
“I’ve really enjoyed growing in my role over the past year. I’ve taken on [X responsibilities], contributed to [specific results], and developed new skills like [Y]. Based on my contributions and market data, I’d like to discuss adjusting my compensation to reflect my value to the team.”
Say it out loud a few times. Practice with a friend. The more you rehearse, the less nervous you’ll feel.
5. Set a Specific Number (or Range)
Don’t ask for “more money.” Ask for a specific amount based on your research.
Example:
“Based on my research and experience, I believe ₹10–12 lakhs is an appropriate salary range for this role.”
A range gives you flexibility, while still anchoring the conversation where you want it.
Important: Include total compensation—base salary, bonuses, stock options, benefits—if relevant.
6. Handle Pushback with Grace
If your manager says “not right now,” don’t panic.
Stay curious and professional. Ask:
“Can you help me understand what’s holding this back?”
“What would need to happen for this to be possible in the next 3–6 months?”
“Are there non-monetary ways we can recognize my contributions in the meantime?”
Tip: Always ask for a follow-up review timeline—so the door stays open.
7. Know Your Plan B
If the raise doesn’t happen—and the reasons aren’t valid—it may be time to assess your options.
Are you:
Being underpaid with no path forward?
Taking on more work without recognition?
Getting vague promises with no timeline?
Sometimes, job-switching is the fastest way to increase your income. If you’re stuck in a system that doesn’t reward you, start exploring what else is out there.
Final Thoughts: You Deserve to Be Paid Well
Asking for a raise isn’t selfish—it’s strategic. It shows that you value your work, understand your worth, and are committed to growth.
Whether you get the raise immediately or plant the seeds for the next one, you’ve taken control of your career and your financial future.
You’ve got this. Now go secure that bag.