Six Steps to Set Yourself Up For a Raise

4. Do Your Research

Although salary negotiations may still take place behind closed doors, the internet has made it easy to learn where your compensation package stands in comparison to other workers in your field. "Salary.com's Salary Wizard is especially useful," says Bottos. "Consider not only your base salary but also your total compensation package: benefits, vacation days, telecommuting, and other work/life benefits. These areas are all important to your quality of life." Bottos adds that you should also bear in mind that salaries vary depending on locations, industries, and company size. Consider these factors if you want to accurately assess your market value with your employer.