Writing

How to Write a Raise Proposal

Spencer LanoueSpencer Lanoue
Writing

So, you're thinking about asking for a raise? Good for you! Knowing how to write a compelling raise proposal can make all the difference. It's not just about listing your accomplishments. It's about telling a story that shows why you're worth more. Here's how to craft a proposal that will make your boss sit up and take notice.

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Starting Strong: Setting the Right Tone

The opening of your raise proposal is kind of like a first impression. You want it to be strong, confident, and polite. This isn't just another email. It's a formal request that requires a certain level of professionalism. So, how do you strike that balance?

Begin with a friendly but respectful greeting. Address your supervisor by name, and get straight to the point. There's no need to beat around the bush. For example, you might write:

Dear [Supervisor's Name],

I hope this message finds you well. I'm writing to discuss my current role and compensation, and to propose a salary adjustment.

This opening is direct yet courteous, setting the stage for a thoughtful conversation about your value to the company.

The Art of Self-Promotion: Highlighting Your Achievements

Next, it's time to shine a spotlight on your accomplishments. Think of this section as your opportunity to remind your boss why you're a valuable asset. However, don't just list your achievements. Show how they've positively impacted the company.

Consider using bullet points to make this section easy to read:

  • Increased sales by 20% in the last quarter by implementing a new marketing strategy.
  • Streamlined the project management process, reducing completion time by 15%.
  • Trained five new team members, resulting in a 10% increase in team productivity.

Each point should clearly connect your actions to positive outcomes for the company. The idea is to make it hard for your boss to imagine how things would function without your contributions.

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Research Pays Off: Backing Up Your Request

It's crucial to justify the raise you're asking for with solid research. This isn't just about what you think you're worth. It's about what the market says you're worth. Spend some time looking into industry standards and average salaries for your position.

Websites like Glassdoor and LinkedIn Salary Insights can be useful resources. Once you've gathered your data, weave it into your proposal. Here's a simple way to present it:

According to recent data from Glassdoor, the average salary for someone in my position with my experience in our industry is approximately $X. Given my contributions and the current industry standards, I believe a salary adjustment is warranted.

This approach shows that your request is not only reasonable but also reflects the value of the work you're doing.

Aligning Your Goals with the Company's Vision

One of the best ways to strengthen your raise proposal is to align your personal goals with the company's objectives. This shows that you're not just thinking about your own needs but also about how you can further contribute to the organization's success.

For example, you might say:

In the next year, I aim to further enhance our team's efficiency by implementing advanced project management tools. This aligns with our company's goal of increasing overall productivity and meeting our quarterly targets.

By showing how your personal growth plans align with the company's goals, you're making a stronger case for why they should invest in you.

The Power of Timing: Choosing the Right Moment

Timing can be everything when it comes to asking for a raise. You don't want to bring this up during a busy season or when the company is facing financial challenges. Instead, look for moments when your boss is likely to be more receptive.

Ideally, aim for a time when you've recently completed a successful project or achieved a noticeable milestone. Mentioning this in your proposal can act as a timely reminder of your contributions, making your request more persuasive.

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Anticipating Objections and Preparing Responses

It's smart to anticipate potential objections your boss might have and prepare responses to address them. This shows you're proactive and have thought through your request.

  • If your manager mentions budget constraints, you could suggest a phased raise or a performance review in six months.
  • Should they question your readiness for a raise, remind them of your accomplishments and contributions.
  • If they bring up company policies, express your willingness to discuss alternative forms of compensation, such as additional vacation days or professional development opportunities.

By anticipating objections, you show that you're not just asking for more money without understanding the broader picture.

Drafting and Refining: The Importance of Editing

Your first draft is never your last. Once you've written your proposal, take a step back and review it with fresh eyes. Pay attention to clarity, tone, and structure. Does it flow logically? Is your request clear and reasonable?

Consider asking a trusted colleague to review your draft. They might catch things you miss or suggest improvements. And if you're looking to streamline the process, Spell can help you draft, refine, and polish your proposal in no time.

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Sealing the Deal: The Perfect Closing

The closing of your raise proposal is just as crucial as the opening. You want to end on a positive note that encourages further discussion. Express gratitude for the opportunities you've had and your eagerness to continue contributing to the team.

Thank you for considering my request. I'm excited about the possibility of continuing to contribute to our team's success and am open to discussing this further.

Warm regards,
[Your Name]

This leaves the door open for a conversation and shows that you're committed to the company's future.

Final Thoughts

Crafting a raise proposal is all about showing your value and aligning it with the company's goals. By structuring your proposal thoughtfully and backing it with research, you increase your chances of success. And if you want to make the process even smoother, Spell can help you create a polished document in a fraction of the time. Remember, asking for a raise is a normal part of career growth. So go ahead and make your case confidently!

Spencer Lanoue

Spencer Lanoue

Spencer has been working in product and growth for the last 10 years. He's currently Head of Growth at Sugardoh. Before that he worked at Bump Boxes, Buffer, UserTesting, and a few other early-stage startups.