The second edition of CNBC's Work It newsletter is out! Today's top story: How to ask for a raise. 💰 Check it out:
If you feel like your income hasn’t kept up with rising prices, you’re not alone. More than half of respondents in a recent survey from Bankrate.com said their incomes have not kept up with rising household expenses amid persistent high inflation.how to ask for a raiseThe best way to boost your pay is to look for new job opportunities externally, according to Vicki Salemi, career expert at Monster.com.
You have to know the salary range for your job, what competitors are paying and you need to present a concise list of what you’re doing that is going above and beyond that warrants higher pay.
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