Make the Most of Your Raise


(This is a guest post by our friends at credit.com)

You may want to avoid the nerve-wracking experience of asking for a raise, but according to a survey by Jobvite, 84% of workers who ask for a raise get one! That percentage alone should be enough to get you over the hurdle and into your manager’s office. Be sure to have the proof to back it up though.

Here are some signs it might be time to ask for a raise:

  • You’re solving more complex problems and making a bigger impact on the company’s bottom line.
  • You’ve taken on more responsibility.
  • You predict problems and proactively solve them without being told.
  • You can brainstorm and communicate ideas for positive change.

If you’re anything like the rest of Americans, once you get that raise, you may be tempted to upgrade your life or take a long-overdue vacation. However, the best thing you can do is save more and/or pay off debt. For more tips about what to do after you get a raise, check out the infographic below. It includes 7 things you should do to make the most of your raise (after a reasonable celebration of course).

Please include attribution to Credit.com with this graphic.

How to Make the Most of Your Raise

 

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