The general guideline for how often you should ask for a raise is every 12 to 18 months, especially when you have consistently performed well or taken on new responsibilities. Exceptions to this timeline include significant accomplishments, promotions, or gaining new professional certifications. It's important not to ask too frequently, as it could harm your professional reputation. Many companies align raises with annual performance reviews, which is often the best time to discuss compensation. However, if there are major successes or changes in your role, it may be appropriate to ask sooner. New employees might wait about six months before requesting a raise to prove their value. It's also wise to consider the company's financial health and avoid asking during tough periods like budget cuts or layoffs.
Key points include:
- Typical timing: every 12-18 months or annually in many companies
- Ask after significant achievements or promotions
- Align with annual performance reviews if possible
- New employees typically wait around six months
- Avoid asking during company financial difficulties
- Always support your request with evidence of your contributions and market research
This approach balances self-advocacy with professional timing and company circumstances to maximize the likelihood of a positive response.