ITL257: How to Ask for a Raise the Right Way

In the Loop with Andy Andrews

Matt Lempert

Business

4.9 • 614 Ratings

🗓️ 15 October 2016

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On this week's episode, we discuss how to ask for a raise the right way and whether you should use another job opportunity as leverage. Most people ask for a raise because they've been at the company for a long time. • This isn't why you want to ask—it can make everyone uncomfortable. If you plan on using another job opportunity as leverage, you need to decide if it's a real or potential opportunity—there is a huge difference. • Using a potential job offer as leverage has a lot of "pot holes" that come with it, because it's not yet an actual opportunity. • You need to be careful not to make your employer feel backed into a corner. The best way to ask for a raise is to ask how you can increase your value as an employee. • Let your employer know why you want a raise (like because you want to increase opportunities for your family), but keep that part short. • You can never go wrong by showing gratitude to your employer during this process. • If your employer tells you there is no way to increase your value in the company, you should probably look closer at the other opportunity. Tune in to hear exactly how Andy would go about starting the often-intimidating conversation of asking for a raise. Would you like to run something by Andy? Contact us and your question might be featured on the show! • Phone: 1-800-726-ANDY • E-Mail: InTheLoop@AndyAndrews.com • Facebook.com/AndyAndrews • Twitter.com/AndyAndrews

Transcript

Click on a timestamp to play from that location

0:00.0	You're listening to In the Loop, a unique opportunity to see life from a different perspective with New York Times bestselling author, Andy Andrews.
0:10.4	Now here's your host, David Loy.
0:13.0	Hi, and welcome to In The Loop with Andy Andrews. I'm your host, David Loy.
0:17.1	Andy, thanks for joining us today. How are you doing?
0:19.2	I'm doing good. I'm doing good. I'm excited about this. Great. I'm always excited. Yes. We have so much fun. I think people probably, they sit around saying, oh, here they go, saying they're excited again. But we do have fun around here. We do. We're smiling. We're laughing. We're having a great time. We enjoy doing this week, intentionally carve out time just to make sure that these get done.
0:40.0	You happen to be in Nashville right now. You're speaking at an event. So we decided to hang out and record a couple of podcasts while you're here.
0:47.4	So I'm excited about this. I'm also excited to hear who you've got lined up as our sponsor this week. Who do we have?
0:53.3	Campbell's Hardware and Sporting Goods, Robertsdale, Alabama, right there on Highway 59,
1:00.9	going right through the heart of Robertsdale, Alabama.
1:05.0	That's great. And we have had Campbell's with us once before, but it's been a couple months, I think. Yeah. Let me tell you something. The boys, if we go through Roberts, say, can we stop at Campbell's? Sure, sure, sure, we can't. I'm sure they don't want or need anything specific. They just want to go in there. They do. It's one of those kind of places that, first of all, it's 70, they had their 70th anniversary last year.
1:31.3	So in 1946, they were founded.
1:35.6	And when you walk in, right when you walk in, you just automatically just feel like, wow, look at this.
1:42.6	You see, you go spend sometimes just look around in there.
1:46.7	And then on the right in the back, because there's a lot of people, friends of mine in
1:51.7	Mobile, Pensacola, or people who come through, they're coming through from Michigan or
1:56.9	Wisconsin and, you know, coming down to the beach.
1:59.4	And they go right by there, and they don't know, like, everything that's inside.
2:05.3	See, back in the back, there's like another room.
2:08.5	And it's as big as the first room.
2:11.9	And it's all kinds of outdoor stuff.
2:16.0	They say sporting goods, but this is not basketballs and footballs.
2:19.5	Right.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Matt Lempert, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Matt Lempert and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.