When is the best time to ask for a raise?

The best time is before your annual performance review, or after completing a major project. Avoid asking during company-wide budget freezes or immediately after bad news.

How much of a raise should I ask for?

Industry standard is 5-15% for a cost-of-living increase, 10-20% if you've taken on significantly more responsibility, and up to 25%+ if you're underpaid relative to market rates.

Should I send a salary negotiation letter or ask in person?

Both. Send the letter 2-3 days before a scheduled meeting so your manager has time to review it. The letter is the formal record; the meeting is where negotiation happens.

What if my manager says no to a raise?

Ask what it would take to get to your target salary, and set a specific timeline. Many raises are approved on the second ask. Follow up with a new letter after 3 months.

Is it okay to mention competitor salaries in a raise request?

Yes, it's one of the most effective arguments. Back it with data from Glassdoor or LinkedIn. Frame it as market awareness, not a threat.

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Last updated: February 2026

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