Making more money would be great, right? Of course. But asking for a raise isn’t easy. If you’re not prepared it can be an awkward interaction with your boss. How do you spring it on them? Will your boss try to lowball you? Your boss might just say, no.

We sit down with our CEO for 15 minutes each week, every week to get practical business advice so we can advance in our careers. Join us to find out what to do if you want a raise…

Key Takeaways:

• A promotion doesn’t always come with a raise
• Don’t ask for a raise because your cost of living is too high
• If you’re paid less because of your gender or race, that is not ok
• There’s a range of salaries within one title
• Cola stands for “cost of living adjustment”
• Do research about what the average salary is for your category
• Give tangible examples of your value
• A raise probably won’t happen on the spot – it’s a process