When millennial workers say ‘show us the money,’ they’re serious.

Workers of any generation typically prioritize salary over other benefits, but a survey released last year revealed that millennials are much bolder in their salary negotiations than their older colleagues. There are two statistics from this survey that perfectly illustrate this point: 74 percent of millennials expect a pay raise every year if they intend to stay at their current companies, and female employees are more likely to leave their jobs if they feel they’re underpaid. 

So, what’s changed?

Millennials were raised to value their worth, which has been carried over into their professional lives. And because they’ve entered into companies where older workers aren’t as vocal about this compensation for themselves, they are having to be more assertive and strategic in order to climb the pay scale. The great news? It’s working. Around half of the millennial workforce has asked for a raise, and 80 percent of the workers who asked ended up receiving an increase. 

If you’ve been dragging your feet asking for more money at your job, here are a few tips that can get you a higher salary.

Be more transparent about salary

One of the biggest differences between older generations versus younger generations is that millennials are more transparent about their earnings, both with loved ones and fellow colleagues. This isn’t to say you should go parading around your office and sharing what you make with anyone who will listen, but being open about your salary with colleagues you trust can help both of you understand if you are being fairly compensated for your role. If you’re not, you can approach management and negotiate.

Understand your worth

So many people choose not to negotiate their job offers because they’re uncomfortable asking for more money. But when companies offer you a job, they’re expecting you to refute it. There is wiggle room built into most offers. With that said, it’s important to go into an interview with an understanding of your skillset, the role you’re applying for, and what other people in a comparable role in your area are making. This will help you establish a salary range you’re comfortable with, and will also be a negotiation tactic if there’s any pushback from the company.

Prepare for ‘no’

Of course, there’s always a chance you won’t get the salary or raise you’re looking for — this is just part of the process. But don’t let ‘no’ become a barrier that shuts you down. Instead, see it as an opportunity for the next negotiation. Your company will have to explain why they’re denying your request, and then you can use that to establish concrete goals that, come time for your next raise, if met, should lead to a salary increase.

Failing to negotiate your salary even at the initial job offer can be costly for you down the road. In business, you must be your biggest advocate. Know your worth, and make sure you’re compensated for what you bring to the table.