- It’s important to discuss salary with your coworkers.
- But sometimes you might hear information that you wish you hadn’t learned – like, for instance, that a coworker in a similar role is making way more than you are.
- Here’s what to do if you find out your coworker makes more than you.
So, you asked your coworkers about their salaries – and found out that, even though they’re in a similar role to yours, they’re making way more than you are. Now what?
First of all, stay calm.
Next, don’t run to your boss and demand a raise, said Katie Donovan, a salary negotiation coach.
“If you do find out that others are earning more, do not rush to your manager demanding more ‘because so and so earns more,'” Donovan told Business Insider.
Anna Cosic, career strategist, agrees. “It’s important to note that the information you eventually gather is not intended to be used towards HR or your manager saying that since X is making $Y, so should I,” Cosic said. “That rarely pays off and they may have several different reasons that someone makes more than you do.”
But, you should ask for a raise – calmly
Plan out a meeting with your boss in which you show why you deserve to make more. As we’ve previously reported, any good salary negotiation presents a case for your promotion based on data.
That data should show that you have excelled in your role.Vicki Salemi, career expert for Monster, told Business Insider you should already know the quantitative ways that your company measures performance. Think sales goals, output, or another barometer.
A bonus just for you:
Click here to claim 30 days of access to Business Insider PRIME
That data should also show that the number you’re asking for is on par with what folks in your position normally make. Check out salary data websites like Payscale, Glassdoor, Indeed, and Salary to see the median pay for your industry, position, and location.
Don’t tell your boss you know how much your peers make
When you talk to your boss, don’t say that you know your coworkers make more than you do – and definitely avoid name dropping or number dropping. That could cause negative repercussions for your coworker.
When it comes down to it, your company “may have several different reasons that someone makes more than you do,” Cosic said.
Instead, MarketWatch suggests saying something like: “It was brought to my attention that the market value for my position is X.”
That way, you can protect your coworkers while still (hopefully) securing more money for yourself.