How to Negotiate a Raise at Work: A Step-by-Step Guide

July 9, 2026 3 min read

Most people never ask for a raise. Those who do earn significantly more over their careers. Here’s how to approach it professionally.

Step 1: Know Your Worth

Before asking, research what you should be paid.

SourceWhat to Look For
GlassdoorSalary data for your role and company
LinkedIn SalaryIndustry-specific ranges
PayscaleDetailed compensation breakdowns
Recruitment agenciesCurrent market rates
Industry surveysProfessional body reports

Step 2: Build Your Evidence

Document your achievements, not your responsibilities.

Weak CaseStrong Case
”I’ve been here two years""I’ve led 3 projects that saved the company £50K"
"I work hard""I exceeded my targets by 25% this year"
"I deserve it""I took on 2 additional team members’ responsibilities"
"Inflation is high""My market value has increased based on comparable roles”

Step 3: Choose the Right Timing

Good TimeBad Time
After a major successDuring a company crisis
During performance reviewsRight after a failed project
When you’ve taken on more responsibilityWhen budgets are frozen
Before annual budget planningOn a Friday afternoon

Step 4: Prepare Your Number

Don’t just ask for “a raise.” Have a specific figure in mind with a justifiable range.

Your Current SalaryTargetStretch Goal
£40,000£45,000 (12.5%)£48,000 (20%)
£55,000£62,000 (12.7%)£65,000 (18%)
£70,000£80,000 (14%)£85,000 (21%)

A 10-15% raise is reasonable for good performance. 20%+ is possible if you’re significantly under market.

Step 5: The Conversation

What to Say

“I’d like to discuss my compensation. Over the past year, I’ve [achievement 1], [achievement 2], and [achievement 3]. Based on my performance and market research, I believe a salary of [amount] reflects my contribution.”

What Not to Say

  • “I need more money because my expenses have gone up” (not their problem)
  • “Colleague X earns more than me” (don’t compare others)
  • “Give me a raise or I’ll leave” (ultimatums backfire unless you mean it)
  • “I’ve been here the longest” (tenure ≠ value)

Step 6: Handle the Response

ResponseHow to Handle
”Yes”Great! Confirm in writing
”I need to think about it""When can I follow up?"
"We don’t have budget""What would need to change to make it possible?"
"You need to improve X first""Can we set specific targets and a review date?”

Step 7: If They Say No

  1. Ask why — Understand the specific objection
  2. Ask what you need to achieve — Set measurable goals
  3. Ask for a review date — “Can we revisi this in 3 months?”
  4. Consider other benefits — Bonus, more holiday, flexible hours, training
  5. Know when to leave — If you’re underpaid and they won’t budge, update your CV

Negotiating Beyond Salary

BenefitValue
Bonus increase5-20% of salary
More holiday days£500-1000/day value
Flexible workingCommute + time savings
Training budget£1000-5000/year
Pension contributions3-10% extra effectively

Bottom Line

Negotiating a raise is a business conversation, not a personal one. Prepare evidence, know your number, and handle objections professionally. The worst they can say is no — and if they do, you have clarity on your next move.

← Back to Blog Search all articles
This content is for educational purposes only. Not financial advice. Do your own research before investing.