If you think you deserve a raise, you should be prepared to present your case when you go in for your. But even if you make a great argument for why you should earn more money, your employer may be unable or unwilling to increase your pay.
You should be aware of this possibility and come prepared to negotiate for better benefits and perks instead, says freelance writer Deborah Jian Lee. She suggests considering asking for one or more of the following options.
• Flexibility. This could mean starting your workday earlier so you have more free time in the afternoon, or putting in longer days Monday through Thursday so you can have a short day Friday. A flexible schedule can help you build a work/life balance that works better for you.
• Working from home. Telecommuting—even a day or two a week—can save you time on your commute and the costs associated with it. It can also help you get more done away from the distractions of the workplace.
• More vacation. Sometimes additional paid time off can be more valuable than a pay raise. Ask for more vacation days if they’re important to you.
• A workspace upgrade. If you’ve had your eye on the cubicle by the window or an office with a door, now is a good time to ask if you can make the move.
• Better equipment. Maybe your computer needs an upgrade or your monitor is getting dim. You can make the case that better equipment will help you work more efficiently.
• Professional development opportunities. Continuing education and conferences can make you a more valuable employee and give you a chance to boost your earnings in the future.
• Your dream project. Is there an assignment you’ve had your eye on for a while? Now is the time to ask.
• A new title. If you’ve taken on more responsibility and higher-profile projects in the past year, a better title can show the company recognizes your efforts. Also, it might help boost your salary next year.
• Reimbursements. Ask if your organization has a policy for reimbursing commutes or transportation.
— Adapted from “Crappy raise? Ask for these 9 perks instead,” Deborah Jian Lee, Forbes.