In The Bold Type season 1 episode 5, 'No Feminism in the Champagne Room,' we saw Sutton negotiate a salary that reflected her worth. Whether you've just landed a new job or you need to ask for a raise at your existing one, we know you can handle this not-as-tricky-as-it-seems situation. First, watch The Bold Type to see how Sutton does it, and then read our top tips for giving your paycheck a lift.
Stay calm. You've got this.
We get it. Talking about money with your boss, or potential boss, can be scary and awkward. Remember this is a business negotiation. No one is going to be offended by you asking for an increase in your offer or a raise. Send those self-doubts far away.
Get all the intel before you go into the meeting.
Know your stuff before you have any official negotiations so there aren't any nasty surprises. Learn about the complete pay package at your company (other benefits besides your salary, how often is your salary reviewed, typical bonuses etc.) as well as big picture information about your field like comparable salaries.
How important is this job?
Yes, we all need to pay the rent, but before you go in, all guns blazing, now is a good time to assess what this job actually means to you. Just how much your job satisfies and inspires you will play a huge part in how you can approach negotiations. If your job is the best thing that has ever happened to you, you probably don't want to walk into your boss' office and lay all your cards on the table. However, if your job doesn't set your soul on fire, and you know you can find another position else where, then you can ask for more as there is less to lose.
Be realistic with what you need.
Know you're going to have to take a pay cut for your dream job? It might be worth cutting back on a couple of takeout coffees every now and then if this is a move that's going to pay off in the long run. Still, be realistic about your expenses and what you need. Don't sell yourself short just because it's the position you've always wanted.
Consult with your support network.
Ask lots of people for advice. People who know your boss will be able to give tailored advice on how best to approach them. Talk to people who have asked for raises before. Use your besties to bolster your confidence.
Speaking of which, be confident.
Okay. So you've got your facts, figures, examples and proof. You know you want this. Now is the moment to take a deep breath, rock a power pose and stride into that meeting like you own it.
Banish the word 'sorry.'
Too often we start with the words "Sorry to ask." Don't be sorry, you have every right to ask! You're a wealth-generating member of the team, not a financial burden. You are not being out of line by asking for more of the wealth you help create.
Know your worth and make sure everyone else knows it too.
Present your work as a true exchange of goods rather than making it personal -- how you've met goals, tackled projects, and created worth for the company. Show them that they are paying for an asset and that asset is damn valuable.
Remember, if it doesn't work out it's not the worst thing in the world.
Worst case scenario, they turn you down. But better to have asked than to not have even tried. Again it's a negotiation, sometimes you come out on top, sometimes not. If you are moving on to a new job, make sure to note what you learned from this experience and apply it to your job search. If you are staying at your current position, ask your boss for a date when you can reassess your salary -- and hold them to it!
But totally celebrate if you get what you asked for!
Whether they accept your number right away, or counter-offer with a deal that's still better than the first, you'll be totally glad you stepped up to the plate. Now sign that deal, go kick some ass and get paid what you're worth. For more inspiration navigating the career ladder, watch The Bold Type right here on Freeform.