Ultimately, it’s crucial to remember that every negotiation will be different, impacted by factors such as job responsibilities, job performance, the hiring company’s compensation package, the state of the economy, and softer labor markets. Don’t be disheartened if you don’t get the raise you requested. The important thing is that you asked, advocated for yourself, and initiated a conversation that could lead to a more significant raise.
For example, if, for some reason, the company cannot meet your salary increase request due to financial constraints, they might be open to reviewing your salary again in the future or providing additional benefits, such as a work-from-home arrangement, to offset any additional costs tied to your role. These discussions can also lead to opportunities for career advancement, which could come with higher salary bands and more benefits.
