The hardest part of asking for a raise is often not the conversation itself but deciding on the number. Ask for too little and you leave money on the table for years, because future raises tend to build on your current salary. Ask for too much without justification and you risk appearing out of touch. The right figure is not a guess or a round number that feels bold; it is a conclusion you reach by combining market data, your performance, the scope of your role, and the economic backdrop. This framework walks through each input so you can arrive at a number you can defend calmly and confidently.
Start with the market rate for your role
The single most persuasive input is what people doing your job are actually paid. Gather figures from reputable salary surveys, job postings that list ranges, and conversations within your professional network, and adjust for your location and industry. If your research shows the market midpoint for your role sits noticeably above your current pay, the gap itself becomes the core of your case. When you can say that comparable professionals in your area earn a certain amount and your request simply brings you in line, you shift the conversation from personal desire to objective fact.
Factor in inflation and cost of living
A raise that merely matches inflation is not really a raise at all; it keeps your purchasing power flat. To move ahead in real terms, your increase needs to exceed the rate at which prices have risen. This is why understanding the relationship between your pay and the cost of living matters so much, and why a standard small annual bump can quietly leave you worse off in years of high inflation. Our guide on cost of living and your salary explains how to think about real versus nominal pay.
Weigh your performance and impact
Market data sets the floor, but your results justify pushing toward the top of the range. Document specific achievements, ideally in numbers, such as revenue you generated, costs you reduced, projects you delivered, or responsibilities you absorbed beyond your original job description. The stronger and more measurable your record, the more comfortably you can ask for an above-average increase rather than a token one.