Latest / Future Female Leaders
271| When Companies Actually Do Raises
Picking up from yesterday's breakdown of merit increases, promotions, and market adjustments, Nichole dives into timing, specifically why companies budget for raises in advance and why that changes when you should ask.
In this episode:
Why most companies operate on a budget cycle, and why raises are often planned for months before you ever ask
A note on startup flexibility versus more structured companies when it comes to advocating for a raise
How annual budgets and fiscal years shape when raise money actually becomes available
Why performance review season matters so much, and how asking…
The skinny
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