It's a tricky spot to be in. On the one hand, it's hard to approach the topic with your manager because it's not like your wages have remained stagnant. On the other hand, you don't want to resign yourself to being under-compensated for what could be another year or longer.
Therefore, it's still crucial to have that conversation with your boss. You'll just need to approach it delicately. Here's how.
1. Start by expressing your gratitude
When asking for more money after already having received a raise, the last thing you want is to come across as unappreciative. As you begin discussing matters with your boss, be sure to start off by saying thank you for the boost you did receive. This way, your manager is less likely to get annoyed or defensive early on.
2. Show Your Boss Why Your Compensation Still Needs an Adjustment
Say you got a recent raise that bumped your salary up to $50,000, but $60,000 is still the going rate for your job title in your area. If you can spell that out to your manager with data, it'll be easy for them to see why you're requesting more money.
Do your research beforehand and prove that your company still needs to do better. Use the Know Your Worth tool to compare salary data by position and geographic region (keeping in mind that your income might correlate to where you live).
If it or another data source shows that you're making less than the typical employee in your position, that gives you a solid leg to stand on.
3. Prove that you're worth more
Maybe your salary is fairly competitive now that your recent raise has gone into effect, but you're still not convinced you're being fairly compensated based on the effort you put forth. Don't just use "I work so hard" as a basis for your request.
Rather, come prepared with specific examples of how you've supported the company or have gone well above the normal call of duty.
For instance, if you're known as the resident troubleshooting wiz on the IT team, and as such, are the person who's constantly getting called late at night and on weekends to step in and help, use that to make your case. This way, your boss might be willing to take another look at your salary, even if you did just get a boost.
4. Set a Follow-Up Date to Revisit the Issue
If you're lucky, your manager will see that your recent raise wasn't up to snuff and push to give you more money. But what if the conversation doesn't shake out that way? What if your boss insists that since you just got a boost, you're not eligible for anything more?
If that's what happens, don't despair. Keep your cool and ask to schedule a follow-up discussion on the matter down the line. This will show your manager that you're willing to sit tight and be patient. Take the time between now and then to prepare for the conversation. After all, negotiating beyond the raise you were offered may be tricky, so it's best to come prepared with the right attitude and data to support your ask.
If you're unhappy with your recent boost, don't just stay quiet about it. Remember, as long as you approach that conversation respectfully, the worst that could happen is that your boss says no.
This article was originally published on The Motley Fool. It is reprinted with permission.