927 | 7 Ways to Get a Raise This Year (Without Burning Yourself Out)

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• Earning more money requires intention and strategy, focusing on working better (improving quality and impact) rather than just working harder.  Copied to clipboard!
• To secure a raise, you must explicitly set it as a goal and initiate the compensation conversation with your manager early in the year, not waiting for performance reviews.  Copied to clipboard!
• People who earn more money solve problems proactively, reduce friction for their employers, and clearly tie their work to increased revenue or value for the company.  Copied to clipboard!

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Financial Freedom Importance

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(00:01:37)

• Key Takeaway: Financial freedom means never worrying about money and having options, not necessarily achieving billionaire status.
• Summary: Financial freedom is defined as being safe from money worries and having the ability to cover necessities without concern. Historically, many women were discouraged from discussing finances, leading to vulnerability later in life. Taking ownership of one’s finances is crucial for personal security and agency.

Goal Setting for a Raise

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(00:07:36)

• Key Takeaway: Earning more money must be treated as an intentional goal, not a passive hope, and can involve changing jobs.
• Summary: The first practical step is deciding a raise is a concrete goal you will actively work toward. This goal should be broad enough to include changing companies if the current role offers no growth path. Making more money happens by intention, not by accident.

Conversations with Manager

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(00:17:23)

• Key Takeaway: Have the compensation conversation with your manager as early as possible to align goals before budgets are finalized.
• Summary: Waiting until performance review season to discuss money is a major mistake because managers have already set plans. Frame the discussion professionally by stating your goal to elevate salary and asking for guidance on necessary steps. If a manager immediately states a raise is impossible due to budget or policy, you must begin looking for external opportunities.

Improving Work Quality

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(00:24:47)

• Key Takeaway: Raises are earned by working better—meeting your manager’s definition of success—not simply by working harder or increasing quantity.
• Summary: Working better means understanding and focusing on the Key Performance Indicators (KPIs) your manager values most, which often relate to revenue generation or problem reduction. Better work often involves testing, trying new tools, and understanding trends relevant to your role. People who earn more solve problems before they are assigned and reduce friction for leadership.

Investing in Self and Competence

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(00:30:55)

• Key Takeaway: Confidence is earned through competence, requiring investment in skills and adopting the presentation style of those already earning more.
• Summary: To increase competence, seek environments that expose you to new opportunities, such as public speaking practice. Observe and emulate the professional presentation, communication style, and ‘vibe’ of higher-earning individuals in your company. Communicating your efforts to improve skills keeps your goal of advancement top-of-mind with management.

Tracking Wins and Expanding Impact

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(00:33:41)

• Key Takeaway: Document accomplishments as evidence for compensation discussions and expand your role by taking visible ownership of new initiatives.
• Summary: Keep a running list of accomplishments, problems solved, and positive feedback; this documentation provides facts, not just reliance on memory, for negotiation. Raises are easier when your role visibly grows, such as by mentoring new team members or creating impactful new systems. Taking initiative signals readiness for greater responsibility.

Embodying Future Success

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(00:36:48)

• Key Takeaway: Start acting like the person who already earns more by embodying the energy, communication style, and presentation of your future self today.
• Summary: Visualize the details of your life once you achieve your desired income level, including your time, wardrobe, and communication. Adopt power poses, like the Wonder Woman stance, before work interactions to embody confidence and signal readiness for more responsibility. Your energy and posture significantly influence how others perceive your capability and potential for promotion.