Asking for a promotion can be really tough. But when you think you are ready for the next step, it is important to say so. 

A Job Promotion is when an employee is elevated to a higher rank, position, or role within a business or organization because of their exceptional performance. Job promotions are usually accompanied by higher responsibilities as well as higher salaries.

If you have been working at a company where you have significantly impacted the company's revenue or have taken an increased responsibility, then you can go ahead and ask for a raise in your designation. If you have put in the hard work and deserve to advance your current role, consider the following steps to ask for promotion;

1. Reflect on Yourself
The first step in the process is to think through what you want. Are you thinking of getting more power or more money? Do you want to move up or do you want to get in some other department laterally?

It is also important to think about your skill set and how it aligns with the objectives of the organization. This will help you position your promotion request in a way that connects to broader strategic goals.

2. Start an informal discussion about your progress
Start an informal dialogue with your superior about what the next stage of your career at the company could look like and what it would take to get there. Ask for feedback on your current performance, and get a sense of how you can improve to reach the next level. Make it clear that you are dedicated to your progress and growth with the company.

3. Check for Key Performance Indicators
This is important, KPI's are not just for the human resource team, but you can also take benefit from tracking and noting down your KPIs. This is important because, when you will ask for a raise, your manager or human resource team is going to ask you why do you think you are ready for a promotion or a raise.

At that time, you should have your Performance Indicators noted down. You can tell them about your achievements or praises that are shared by your team and your clients, or else, you can also tell them about the targets that you have achieved in the last few years.

4. Choose the right time
While there might not be a perfect time to ask for a promotion, sometimes are better than others. If you have received a glowing annual performance review or had a particularly successful quarter, that might be a more ideal time to request a promotion than right after budget cuts or a round of layoffs.

5. Be Confident
You should be confident while going for a talk with your manager or human resource department about your promotion. Facilitate an open and honest conversation with your seniors without being aggressive or confrontational. A promotion is a way for employers to recognize your value and efforts at a company, so don't be afraid to ask for what you deserve.

Conclusion
Although promotions are something that a hard-working employee deserves, most of the time companies overlook this process. They end up hiring new employees from college on a lower salary and ask you to train them. 

Currently, this trend is growing because companies now don't want a full-time employee, but people on contract, as they know when employees are available full time in office, there are expenses associated with the same as well.

Because of scenarios like these, competent employees have to ask for raises or promotions, or else they keep on slogging for several years in the same position.