If you feel like the time is right for a pay rise due to how well you are performing at work, it’s as simple as asking your manager.

But taking this step in your career can be a daunting feeling as preparing for a meeting can take a lot of preparation and strategy planning.

You may feel like you’re due a wage increase in your job due to completing extra training or your current role has developed.

Here are some ways you can improve your chances of a pay rise at work as explained by Indeed.

How to ask for a pay rise at work

Choose the right time

Make sure your company's financial health is on a good level and speak to a manager who has a steady workload – this means they will have more time to focus on your request.

Be careful to enquire at specific times of the year, such as monthly meetings or employee reviews with your manager. This also includes the start of a new financial year.

Indeed adds: “Your recent achievements, such as exceeding a sales target or leading a successful project, can reinforce your value and encourage your manager to consider your request more favourably.

“You are likely to be more successful when you ask for a pay rise after completing a project rather than when you are in the middle of a major job. Complete outstanding tasks or items on hold before asking for more money.”

Research salary trends

You should research the salaries of jobs similar to yours so you know what you can expect to be paid.

Indeed comments: “More experienced, highly educated professionals usually earn salaries at the upper end of the pay spectrum. Location and the cost of living can also influence earnings.

"Browsing through job advertisements for similar roles in your local area can help you determine a fair salary.

"Ask for a little more than you want, as most managers will try to negotiate with you.”

Schedule a meeting with your manager

When you do this, make sure to suggest a private meeting about your ‘performance’ rather than a salary as some managers could avoid financial discussions.

Bournemouth Echo: Indeed recommends these useful tips when it comes to trying to secure a pay riseIndeed recommends these useful tips when it comes to trying to secure a pay rise (Image: Getty)

Prepare and practice your script

Make sure you know exactly what you’re going to say. Indeed recommends writing a script with bullet points which should include three key points:

  • An introduction
  • The body of your speech
  • Your conclusion

It also suggests talking about professional reasons for a pay rise rather than personal ones.

Dress for business

The way you dress when asking for a pay rise matters, even though this sounds a little silly.

Indeed explains: “Dressing well on the day of your meeting will give your manager a positive impression and help them see you as a more senior, serious member of staff.

“Dress as you would for a job interview or an important presentation. If your workplace has a casual dress code, a suit or dress may seem out of place.

“However, a smart shirt or blouse with dress pants or a skirt can elevate your appearance.”