Readers to the rescue

Get tips from your peers on how to solve your thorniest money challenges.

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Asking for more
Asking for more
Catherine Ellinwood, Tucson
Lately my company has shown slight gains in revenue, and we're starting to hire again. I haven't had a raise in three years. When can I ask for one? --S., Littleton, Mass.

Our reader says: Your regular performance review is the time to ask. Be specific about why you deserve one: Have you done the job of others who were laid off? Did you help cut expenses? If you're told now isn't the time to ask for a raise, politely inquire when would be a good time to check back. --Catherine Ellinwood, Tucson

The expert says: New hires signal that finances are loosening up, making this as good a time as any to ask for a raise, says New York City career coach Allan Fried. Coming to the meeting armed with concrete examples of your recent contributions and their impact on the bottom line betters the odds your boss will say yes.


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Last updated June 17 2010: 8:33 AM ET
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