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Personal Finance

How to Negotiate a Raise (Script Included)

A two-meeting framework that's helped readers land 10-25% bumps without burning bridges.

Marcus Bell February 27, 2026 8 min read
Table of contents

Most salary negotiations fail in two predictable ways: people ask for a raise based on need (rent went up, baby coming), or they ambush their manager with a number in a Friday afternoon hallway. Both lose. The winning approach is structured, market-anchored, and runs across two meetings spaced 60 days apart.

Step 1 — Do the research first

Before any conversation, know your number cold. Pull comp data from three sources:

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  • Levels.fyi — best for tech roles, includes total comp (base + bonus + equity).
  • Glassdoor and Payscale — broader coverage across industries.
  • LinkedIn job postings in your role + city (NYC and California require salary ranges).
  • Your network — 1-2 candid conversations beat any database.

Anchor your ask to market rate, not your living costs. 'Inflation' and 'my rent went up' are losing frames. 'My role is paying $X-Y at peer companies' is the winning frame.

Step 2 — Meeting 1: Plant the seed

Schedule a dedicated 1:1. The script is intentionally short:

'I'd like to grow into the next level here. Can you walk me through what it would take — specifically — to earn a promotion or a meaningful raise over the next 6 months?'

Then shut up and take notes. You're not pitching yet. You're getting your manager on record about the exact criteria. If they're vague ('keep doing good work'), push gently: 'Can we get specific about projects or metrics so I know I'm hitting it?'

Step 3 — The 60-day execution window

Do the things they said. Document every win in a running 'brag doc' — bullet points, numbers, dates. Cc your manager on visible wins so they don't forget by review time.

Step 4 — Meeting 2: Make the case

60-75 days later, schedule the follow-up. Bring a one-page summary:

  • Top section: the criteria they laid out in Meeting 1.
  • Middle: bullet-point evidence of how you've met each.
  • Bottom: market data showing your current comp vs. role rate.
  • Closing line: a specific ask. Not a range — a number.
'Based on the criteria we discussed in March and the work I've delivered since, I'd like to move to $X base. That's roughly in line with what the role pays at peer companies.'

What 'no' actually means

  • 'Not in the budget right now' — ask when budgets reset and lock a date.
  • 'You're already paid fairly' — ask to see the data they're using; share yours.
  • 'You need more time at this level' — ask for the specific milestone and timeline.
  • Vague no with no path — start interviewing. A real offer is the strongest leverage you'll ever have.

Counter-offer ethics

Only interview when you'd genuinely consider leaving. Using outside offers as theater destroys trust fast — and great managers can spot it. But a real, in-hand offer is the single most effective negotiation lever in existence.

What to do after a win

Get it in writing. Increase your 401(k) contribution by 50% of the raise before it hits checking — you won't miss what you never see. Repeat the process annually.

Frequently asked questions

How much should I ask for?+

10-15% is realistic in a normal year; 15-25% when you're significantly underpaid relative to market. Above 25% usually requires a title change or a competing offer.

What if my company has rigid salary bands?+

Ask for a level/title change instead — that's how big companies actually deliver raises above the merit cap.

Should I mention competing offers?+

Only if they're real, in writing, and you'd genuinely take them. Otherwise stay focused on your contributions and market data.

What if I'm remote and underpaid relative to HQ?+

Most companies have moved to national pay bands. If yours hasn't, that itself is a market-rate argument.

How often can I ask for a raise?+

Once every 12 months in most companies; 18 months in slower-moving orgs. Promotions can come faster.

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Written by
Marcus Bell

Personal finance writer and ex-banker. Pays off his cards weekly.

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