a business executive looks dubiousIt may not rank up there with jumping off a high diving board or singing your first solo in the school play, but it still invokes fear in even the most courageous of adults: asking your boss for a raise.

Fortunately, there's now help at hand. An interesting new website -- GetRaised.com -- promises to make the painful task of asking your boss for a raise, well, a little less painful. Given that this is the time of year when many companies start their annual review process, it's a good idea to start thinking about how you plan to broach the subject with the boss.

In a nutshell, GetRaised.com works like this. You input how much you're getting paid, along with where you live and your job title. You'll also be asked a few other questions, like how long you've been working at this type of job and how long you've worked for your current company.

Then GetRaised will tell you if you're underpaid or not. That part is free.

Assuming you are underpaid, you'll answer a few more questions. Then, based on those answers, the website will, for $20, give you your own personal raise request -- a letter that you can either email or print out and hand deliver to your boss. Either way, it lays out your case as to why you're entitled to a raise.

For your $20, you'll also receive a "raise guide," which offers tips on how to ask for a raise and walks you through everything you can do to make the process successful. You'll also gain access to the site's "Process Pages," which guide people through the raise request process and will help you, as much as a website can, schedule a meeting to get your raise.

But what if you go through all that and still don't get the raise? If no extra money is forthcoming within the next six months, GetRaised.com says you can send it a note, and it will return your $20.

Hopefully, you'll have more success with this note than the note the website helped you write to your boss.

Increase your money and finance knowledge from home

Timing Your Spending

How to pay less by changing when you purchase.

View Course »

Banking Services 101

Understand your bank's services, and how to get the most from them

View Course »

Add a Comment

*0 / 3000 Character Maximum