- Barbara Corcoran, 74, has revealed the most effective way to get a raise at work
- The real estate mogul said that her tip works even when there is ‘no budget’
- She told viewers to give their boss a list of everything they do to get more money
Multimillionaire Barbara Corcoran has revealed the ultimate way to secure a raise – even when you are told there is no budget.
The 74-year-old, who started her career with the launch of her own real estate office in her early 20s and has since built up an estimated net worth of $100 million, took to TikTok to share some advice with employee trying to get paid more.
The real estate mogul encouraged her over 1.1 million followers to demand a raise if they have been taking on more responsibility.
Barbara said that if you want to earn more money you need to go to your boss with a list of tasks you have been taking on.
She shared her advice in a clip posted to the video-sharing platform, which has so far amassed over 27,000 views.
‘Hey, you want to get a raise? I’m a boss, and I’m going to tell you how,’ the Shark Tank entrepreneur said.
Barbara noted that if you have been doing more than you did when you were initially hired, you deserve a raise.
She then broke down exactly what you should do when asking for a raise.
‘Make an appointment with your boss and take your list of new responsibilities with you and show them how you deserve it,’ she explained.
The real estate mogul then noted that you shouldn’t ‘believe’ your boss when they say there is ‘no budget.’
‘Somebody’s getting that money in their pocket, somebody is,’ she said at the end of the clip.
People flooded the comments section and praised her for her advice.
One user said: ‘Thanks Barbara! That’s some solid advice.’
‘I agree, although I work for myself so,’ one person wrote.
Someone else commented: ‘I love you Barbara, you really inspired me, thank you.’
Another user added: ‘I did ask them I got the budget talk.’