Asking for a promotion can be a daunting task, but with careful planning and execution, you can increase your chances of success. Here are some tips to help you navigate the process and timing to ensure you are putting your best foot forward when asking for that well-deserved step up.

First and foremost, timing is crucial when asking for a promotion. Aligning your request with the company’s performance review cycle is strategic. This cycle varies across companies, so pay attention to the pattern at your organization. Typically, reviews happen annually or semi-annually and are a natural opportunity for employees to discuss their progress and future goals. During these cycles, managers expect discussions about career development and are likely more receptive to hearing your case. If you’ve recently taken on additional responsibilities or achieved notable accomplishments, use this as a springboard to initiate the conversation. It’s also beneficial to be mindful of your company’s financial health. If your organization is going through a challenging financial period, it may not be the right time to ask for a promotion, as the answer may be predetermined. Instead, bide your time, continue to showcase your value, and revisit the conversation when the financial outlook improves.

Before initiating the conversation, it’s essential to assess your performance and the value you bring to the company. Take an honest look at your accomplishments and how they align with the company’s goals and mission. Have you exceeded expectations? Have your efforts made a measurable impact? Identify specific examples of how you’ve contributed to the company’s success and be prepared to articulate these achievements clearly and confidently. It’s also helpful to gather feedback from colleagues and supervisors to gain insights into how your work is perceived and areas you may need to develop further. This demonstrates self-awareness and a commitment to continuous improvement, both of which are valuable traits in an employee.