When you are ready to discuss your raise with your boss, there are certain things you can take into consideration. You can look at:
• The going rate: If you really want a raise, find out what the going rate is for someone in your position, doing exactly what it is you are doing. You will need to do some research, but the time will be worth it.
• Ask around: Ask others in your department what they make. Most often those you ask will not tell you outright what they make, but may give you a range to look at. If you have a friend in payroll this would work very well in your favor.
• Bonuses and stock options: Perhaps when you are discussing a raise with your boss, he may instead offer bonuses and/or stock options to you. If this is right for you, go for it. If not, look into other alternatives. Ask to sleep on it and talk to him again.