How to Negotiate a Raise: Tips, Timing, and Tactics

In Episode 61 of 'It's About Your Paycheck,' we dive deep into the crucial topic of salary negotiation. Learn how to get what you’re worth, prepare thoroughly, and build a strong business case to boost your salary. We also discuss the current job market trends based on a World Economic Forum article, identifying the fastest growing and declining jobs. If you’ve been struggling to negotiate or want to stay relevant in today's job market, this episode is a must-watch. Plus, we share tips on handling objections gracefully and the significance of staying professional throughout. Tune in for invaluable advice and actionable strategies to enhance your career. 00:00 Introduction and Episode Kickoff 00:22 Casual Catch-Up and Travel Stories 01:50 Financial Fitness Challenge 04:32 Fastest Growing and Declining Jobs 11:54 Understanding the Unemployment Rate 15:26 Sponsor Message TimeTrakGO 17:19 Negotiating Your Salary 21:52 Quantify Your Accomplishments 22:07 Frame Your Raise as a Mutual Benefit 22:56 Communicate Confidently and Professionally 24:13 Avoid Personal Reasons for a Raise 26:02 Handling Objections Gracefully 27:07 Negotiate Beyond Salary 28:59 Follow Up and Stay Professional 32:52 Statistics on Salary Negotiation 39:07 Is Resignation a Valid Negotiation Tactic? 41:44 Final Thoughts and Sign Off Links & Resources Time TrakGO 50% Off - www.timetrakgo.com/iap  Walt’s News Update - https://www.weforum.org/stories/2025/01/future-of-jobs-report-2025-the-fastest-growing-and-declining-jobs/#:~:text=Broadening%20digital%20access%20is%20reshaping,rapid%20growth%20of%20certain%20professions.  Brian’s News Update - https://smartasset.com/data-studies/state-salary-living-comfortably-2024  Learn more about your ad choices. Visit megaphone.fm/adchoices