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Straight answers·5 min read

Your raise was decided before you asked for it

For when: you think you're underpaid and don't know how to bring it up.

Tilen Višnjevec · Finance director, Copenhagen ·

Most people ask for a raise at the wrong moment. They ask in the review meeting, when the numbers have already been set. By then, the most your manager can do is be sympathetic.

I know this because I sit on the other side. Raises don't come out of thin air. They come out of a budget, and that budget is usually fixed months before your review. The pool for the whole team is set, and your manager's job in review season is to split it. If you ask after it's been split, you are asking them to take money from someone else.

When to ask

Ask before the budget is set, not after. In most companies that means two to four months before the review cycle. Ask your manager a simple question: “When are salary budgets for next year decided?” Their answer tells you your real deadline.

The second-best moment is right after a visible win, when the evidence is fresh and nobody has to be reminded.

The best-timed request I've seen came two months before budgets were set, with a one-page list of results. The worst came the week after budgets closed. Same quality of work, very different answers.

What decides the answer

Three things, roughly in this order.

What it would cost to replace you. This is the number finance looks at. If you left, what would the company pay a new hire to do your job, plus months of lost output while they learn it? If your salary is well below that, you have a strong case. Know your market rate before you walk in: salary surveys, recruiters, and people you trust in similar roles.

Evidence of what changed because of you. Not tasks, outcomes. “Took over the monthly close and cut it from eight days to five.” This is where an evidence file pays for itself.

Whether your manager can defend it. Your manager has to argue for you in a room you're not in. Give them a case they can repeat in two sentences. More on that in Your manager is your advocate.

What to say

Keep it short and keep the emotion out of it. Something like:

“I'd like to talk about my salary before next year's budgets are set. Over the last year I've taken on X and delivered Y. From what I can see, the market rate for this role is around Z. I'd like to understand what it would take to close that gap, and whether that's possible in this cycle.”

Then stop talking. Let them answer.

What not to say

  • “I need more money because my rent went up.” True, maybe, but it's not a reason the company can act on.
  • “My colleague earns more than me.” It puts your manager on the defensive and makes them protect someone else's confidentiality.
  • An ultimatum you aren't ready to carry out. If you say you'll leave, be ready to leave.

If the answer is no

Ask what would have to be true for the answer to be yes, and by when. Write it down, send it back in an email the same day, and check in on it every quarter. A no with a clear condition is the start of next year's yes. A no with no condition at all tells you something too. Read When the answer is “not yet”.

What to do this week

Find out when budgets are set. One question to your manager. It sets your timeline.

Get one honest market number. Two salary surveys and one conversation with a recruiter.

Write your two-sentence case. What you deliver, and what it would cost to replace you.

The best time to ask for a raise is before anyone has decided what you are getting.

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