10 Ways to Give Yourself a Raise If Your Boss Won’t

There are still ways to boost your bank account if your boss turns down a request for a pay raise.
Updated April 3, 2023
Fact checked
employee receives salary with working overtime bonus

We receive compensation from the products and services mentioned in this story, but the opinions are the author's own. Compensation may impact where offers appear. We have not included all available products or offers. Learn more about how we make money and our editorial policies.

Inflation is causing prices to go up on essentials like gas and groceries, and housing costs are still out of reach for many potential homeowners. That’s why it may be a good time to ask your boss for a raise to cover additional expenses.

But what if the boss denies your request? Don’t fret: There are still some ways to boost your income and lessen the strain on your wallet.

Get a different job with more pay

Drobot Dean/Adobe young asian woman smiling and holding resume

One of the best ways to get a raise is to take a new job. In fact, there has been a recent increase in Americans switching jobs as part of the Great Resignation.

Start preparing now if you think this is a good option for you. Update your LinkedIn profile and resume and reach out to mentors or friends in your industry to find out about potential job openings. 

Remember to set your goals now so you know what kind of job and salary you’re aiming for.

Pick up overtime

PR Image Factory/Adobe female stock analyst working

Overtime hours can be a good way to pick up some extra cash if your boss won’t give you a raise. Find out what the overtime rate is for your position to see if those extra hours are worth your while.

Consider asking for overtime hours on nights, weekends, and possibly even holidays to bump up your take-home pay.

Stop doing extra work

tanaonte/Adobe closing the laptop at 5 p.m,

One of the newest buzz terms in the workforce is “quiet quitting,” which is defined as doing what is required for your position without going above and beyond your contracted work.

If your contract says you work from nine to five, for example, then work those hours and stop. Don’t answer emails and texts outside of those hours.

Quiet quitting may not make you extra cash, but it will mean you’re not doing additional work that you aren’t getting paid to do.

Consider a side hustle

Алина Бузунова/Adobe woman streaming with smartphone on tripod

A side hustle can be a good way to supplement your income if you don’t get a pay raise. Perhaps you can use your professional skills for additional work that can give you an income boost.

You might also be able to use your extra time to turn a hobby into a money-making venture.

Reconsider your health benefits

Minerva Studio/Adobe medical documents

Health benefits can take a chunk out of your paycheck, so make sure you are using them to the fullest. Check with your human resources department about different options that may save you money.

For example, you may qualify for a health savings account, which can help you pay for medical expenses while also giving you a tax break.

Pro tip: One way to eliminate money stress is to build an emergency fund to cover unexpected costs that your health insurance plan doesn’t cover completely.

Change your tax withholding

fizkes/Adobe woman standing in home kitchen doing accounting

You can change how much is withheld from your paycheck to cover taxes. This will help you keep some extra money in your pocket for each pay period. Do some research before you make any tax changes to figure out how much you can get back each pay period.

Remember, however, that you will have to pay taxes one way or another. If you don’t have the money withheld from your pay now, you will owe the IRS some cash when you file your tax return.

Use all of your sick and vacation days

Alena Ozerova/Adobe family on lilo relaxing on the beach

Sick days and vacation days are part of your benefits package. When you use them, your company pays you even though you aren’t actually working on those days. It’s a good idea to not leave that extra time off on the table at the end of the year.

Consider taking a day here or there to get errands done or to work on projects you’ve been putting off. And don’t be afraid to take a sick day if you’re sick. Your co-workers will be thankful you’re not in the office spreading germs.

Contribute more to your 401(k)

Vitalii Vodolazskyi/Adobe 401k written in a note

Many employers match at least some of their employees’ contributions to retirement plans such as a 401(k) plan. So make sure you are taking full advantage of your employer’s match.

Check with your human resources department to see how you can take full advantage of your company’s retirement program.

Ask for a bonus

ViDi Studio/Adobe businessman sitting in front of the laptop rubbing fingers

Instead of getting a raise in your salary, ask your employer to consider giving you a bonus if you meet specific goals or requirements. Perhaps you could request a bonus pegged to how many sales you’re able to complete, or to the number of new clients you take on.

Setting realistic goals with monetary rewards can help your employer record your successes and reward you for them.

Revisit your budget

makibestphoto/Adobe female accountant making calculation

It’s a good idea to check in your budget on a regular basis and find places to cut spending. A small shake-up of your spending priorities can save you big bucks to put into your savings account.

Pro tip: Double check your credit card statement to see if there are any small fees you forgot you were paying, such as subscriptions or added fees to your phone or internet bills. Those little fees can add up if you catch them and cancel them.

Bottom line

bnenin/Adobe man having a business meeting and signing a contract

It’s good to update your budget on a regular basis and find ways to save money. But if you’re still having trouble covering all your costs, it may be time to ask for a raise.

If the boss says no, remember that there are other ways to boost your bottom line.

Search Over 80,000 Care and Service-Related Jobs

Connect with paying families looking for care and service-related work. Available jobs include child care, tutoring, senior care, pet care, and housekeeping.

Sign up for Care.com now
Earn Great Pay Working From Home

Free 3-class intro teaches you how to launch a bookkeeping business

Access the training
Earn Cash Taking Surveys

Join a community of 20M+ lifetime members who have been paid $76 million to date.

Sign up today

Author Details

Jenny Cohen Jenny Cohen is a freelance writer who has covered a bit of everything, from finance to sports to her favorite TV shows. Her work has been featured in The Wall Street Journal, USA Today, and FoxSports.com.

Want to learn how to make an extra $200?

Get proven ways to earn extra cash from your phone, computer, & more with Extra.

You will receive emails from FinanceBuzz.com. Unsubscribe at any time. Privacy Policy

  • Vetted side hustles
  • Exclusive offers to save money daily
  • Expert tips to help manage and escape debt