8 expert-approved tips to get you the raise you deserve

pay raise meeting boss

It's not as hard to get a pay raise as you might think.
We compiled the best advice on scoring a higher salary from career and personal-finance experts.
For example, Ellevest CEO Sallie Krawcheck recommends using hard data to make your case.
Visit Business Insider's homepage for more stories.

Asking your boss for a raise is among the scarier conversations you'll have in your career.

What if they laugh you out of the room? Or demote you on account of presumptuousness?

These scenarios are unlikely, but you'll still want to prepare and practice thoroughly. Below, we've listed eight of the best and most practical pieces of advice we've heard on petitioning your manager for a pay bump.

Read on and get one step closer to the salary you want.

The Muse HR exec Toni Thompson: Have regular conversations with your manager about your goals

Your boss shouldn't be surprised to learn that you want more money.

Thompson, senior vice president of people and talent at The Muse, advises workers to make sure their manager knows what their professional goals are, and to keep those conversations ongoing.

She previously told Business Insider, "When they're in that conversation with the CFO and they have an opportunity to ask for more money for you, they'll take it because they know that it's important for you."

Yet Thompson said only about half of people take the initiative to have these conversations with their boss.

Workplace expert Lynn Taylor: Find out what someone in your role typically earns

Before you petition your boss for a raise, make sure you've done your homework.

Taylor, national workplace expert and author of "Tame Your Terrible Office Tyrant," previously told Business Insider's Áine Cain that you'll want to find out what someone in your role and with your skills typically earns.

Asking for 10 to 20% more than you're currently making is a good general guideline, Taylor said, as long as it corresponds with market salary ranges.

For example, Taylor said, "If you get an offer for 20% over your current salary, you can still negotiate for more — ask for an additional 5% — but know that you're already in good stead."

Real-estate mogul Barbara Corcoran: Make a list of responsibilities you've taken on since you started

Corcoran is a real-estate mogul and an investor on "Shark Tank."

She previously told Business Insider's Graham Flanagan:

"The smartest thing to do is to walk in with a list of your responsibilities when you started at the company, and then also the list of things you've taken on since you started. And simply make the boss aware that you have a lot more responsibility.

"You're delighted to take it on, give me more, but [you'd] like to be compensated and to name a number you'd like."

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