Don’t miss the full story, whose reporting from Cathy Bussewitz at The Associated Press is the basis of this AI-assisted article.
Career experts say workers shouldn’t be afraid to ask for raises, even at companies that have conducted layoffs, as long as they’ve taken on additional responsibilities and can demonstrate their value during this challenging job market and hiring slowdown.
Some key facts:
• Companies that retain employees during layoffs have already decided to reinvest in them, making it an appropriate time to discuss compensation for increased workloads.
• Research current salaries using websites such as Glassdoor and ZipRecruiter to understand what comparable positions pay in your industry.
• Realistic raise expectations have shifted from 20% three years ago to around 10% in today’s market, though actually receiving 10% may be unlikely.
• Creating a “brag sheet” that documents accomplishments, positive feedback and responsibilities outside your job description strengthens your case for a raise.
• Discussing salaries with coworkers, especially recent hires or those who left the company, can provide valuable information about pay equity.
• Timing matters when asking for a raise, as managers are more likely to say yes when well-rested rather than hungry or at the end of a long day.
• If your request is denied, ask your manager what would make it possible to say yes and when you can revisit the conversation.
• Even unsuccessful raise requests can set the stage for future negotiations and help you understand where you stand with your employer.
READ MORE: Career experts say asking for a raise isn’t off the table in a tough job market
This article is written with the assistance of generative artificial intelligence based solely on Washington Times original reporting and wire services. For more information, please read our AI policy or contact Ann Wog, Managing Editor for Digital, at awog@washingtontimes.com
The Washington Times AI Ethics Newsroom Committee can be reached at aispotlight@washingtontimes.com.
