Can I ask for a salary increase during an annual review?
Yes, the annual review is a common time to request a salary increase if you've added value to the company.
The annual review is an ideal time to request a salary increase, as this is when your performance over the past year is formally evaluated. Before your review, prepare by documenting your achievements, new skills acquired, and how you’ve contributed to company growth. Research industry salary standards for your role and come prepared with data to support your request. During the review, explain how your increased responsibilities, results, and dedication justify a raise. Employers are more likely to approve salary increases when they see clear evidence of your impact on the organization.