How to ask for a pay rise
Yes, it's scary.
You're in a job you enjoy and you think you're worth more money than you're currently being paid, but you don't want to rock the boat. What if you're declined?
Noone said it was easy, but a pay rise negotiated in the right way can be a positive for both parties. And that's what we're going to talk you through. The right way.
Justify your request
Before you plough ahead, demanding a hefty pay rise, make sure you can justify your value. Simply being in a job for a year, for example, does not necessarily constitute a rise in salary, unless your business awards incremental rises to reflect length of service or rises with inflation.
Take the time to research market rates (job boards are useful in this respect). Also consider what you've achieved recently. Just because you want a rise, doesn't mean you'll get one and understanding why you're asking and providing examples of your work will enable you to not only justify your request but make it much easier for you to sell the idea to your boss.
Ask for a meeting
The best way to ask is at a time that has been scheduled, rather than jumping on your boss on, say, a Monday morning, when there are lots of distractions. If you're in fear of asking for a formal meeting in advance because you'll likely be asked what it's about, simply pick a quieter time to ask if your boss can spare a few minutes for a chat. A time where they seem in a good place and not dashing between meetings. That way you'll both be more calm, attentive and you're more likely to have success.
But be prepared for the fact that your boss may have to go away and think about it. He or she may not have the final say and may need to speak to someone else. Or might ask you to go away and provide more evidence to support your request.
Prepare not to have your requests fully met
Your boss will not always be in a position to grant your request. And this can be for multiple reasons including the fact the company may not have the budget. So be prepared for the worst.
And if a pay rise isn't possible now, consider asking for something other than money. Maybe you would like study support (this can be non-financial support like paid study days, for example).
It's not necessarily a fail and should not be considered as such. Don't lose your temper, cry or sulk.
Leave things open, be gracious at all times. You can try again at a later date provided you remain professional.