'Shark Tank' stars on how to get a raise

Barbara Corcoran and Robert Herjavec of 'Shark Tank' open up on 'GMA' about how and when to ask for a raise - and how much to ask for.
1:31 | 06/26/18

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Transcript for 'Shark Tank' stars on how to get a raise
Is there are right time ask for a raise when the atmosphere is happy. Yeah what is most people going history is when it's review time I don't think that's right that's it I innocently asked raises when sales were great. We just had a big party spent a lot of mine were all happy. And then someone comes and says you know I really like talk to you about when Julian how far can count my. You well I I always sit. The person dressed as a human beings you gotta get them and it couldn't don't do it on a Friday afternoon as well I think in a Friday afternoon. I want gulf its fire for me to exit don't to have before lunch. Do it in the time of day that works for the other person I like doing it in more social setting if I can get that in a catheter can go for coffee. There's a human pack and grabbing a coffee they humanize its people what is it. In general the right amount or when you're asking for its more than you want. Always violent. I like 50% say should rule of is there her percentage that's acceptable well I think it also depends on the industry. Number one do your research find out what's normal for your industry. Number two I love your advice ask for a little more than you really want. Because that way you can work your way down to that short as attorney. Maybe if you really want 10% or 8%. As for six and a half today in another. And the other one was above coming in do the job shall we you can do it and then passed practicing. It throws you an office.

This transcript has been automatically generated and may not be 100% accurate.

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