3 Steps to Take Before You Ask for a Raise

Hello,
Saw this from one of sites i follow and decided to share it. If you have seen this before than you are on the right part. Or Should i basically say if you follow Harvard Business review, you are on the part to success.

Have a good time learning.

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Too many people operate under the assumption that if they do a good job, a good salary will follow. Getting the pay you want requires asking for it. But before you ask, be sure you are prepared.

1. Understand the broader situation. It is always easier to get a raise when the company is doing well. If your company is not in a good position, consider postponing the conversation.
2. Rate your market value honestly. How does your salary compare with people in similar roles both inside and outside the company? Does your job require you to use your most valuable skills and experience? Know your true worth so you can articulate it.
3. Highlight your contributions. You are more likely to get a raise if your boss can make the case to others in the company. Find opportunities to demonstrate your value beyond your boss and your team.
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Courtesy HBR.