When can I ask for a raise?

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Karen Chopra
Licensed Professional Counselor
www.ChopraCareers.com  
 

Karen James Chopra, LPC, MCC, NCC, has been counseling career clients since 1999 and has helped hundreds of clients change careers, find new jobs and deal more effectively with workplace challenges.

In addition to her private practice, she has worked for two national corporate outplacement firms: Lee Hecht Harrison and Resource Careers. These are the organizations that help people who have experienced a layoff or downsizing to find new jobs, and their programs are usually considered the gold-standard of job search technique.

Ms Chopra is a regular presenter on career issues, having taught career theory at the graduate level, designed and delivered numerous workshops, and served as a regular guest commentator on WMAL’s career radio show “Your Career Life.”

She is a career-changer herself. Before entering the counseling field, she worked for nearly a decade as a trade negotiator for the United States Government, first at the Department of Commerce and then at the Office of the U.S. Trade Representative.

Ms. Chopra holds a number of relevant licenses and certifications: licensed professional counselor (LPC) in the District of Columbia; Master Career Counselor (MCC), a designation of the National Career Development Association (NCDA); and National Certified Counselor (NCC), a designation of the National Board of Certified Counselors (NBCC).  She belongs to all of the relevant national and local associations involved in career counseling, including the American Counseling Association (ACA),  the National Employment Counselors Association (NECA), the National Career Development Association (NCDA) and the Washington Metropolitan Area Career-Life Planning Network (MAC-LPN).

Her B.A. is from the University of Virginia, and she received a masters of science in foreign service from Georgetown University, and a masters in community counseling from George Washington University.

When can I ask for a raise?

 

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Transcripts

Karen James Chopra: Hi, I am Karen Chopra. I am a career counselor in Washington DC and we are going to talk about how to negotiate a raise.

Host: When can I ask for a raise?

Karen James Chopra: The best time to negotiate a raise is during the Annual Review Cycle. Normally, the company has evaluated your performance, they have determined that you have done well or exceeded expectations and you have got the maximum leverage for that year to negotiate for more money. This is also the time company have their budgets in flux or in play and so the money is sort of floating around that they are to be allocated and so it is a good time to ask for it because it is sort of out there to grab. There are other times that you can ask for a raise, after landing a particularly big contract or accomplishing a particularly important goal. This would be another time to go to your boss and go, "I am glad you are happy with what I have done. I would like to sit down and talk to you about increasing my compensation.

"So either the Annual Review Time or after you have had a particularly notable success in your job are the best times to negotiate for a raise.

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