Jan 11, 2022
Summary:
With 'The Great Resignation' continuing and labor shortages in many
industries this may be the year you ask for a
raise. Employers in businesses big and small are desperate to
attract, and more importantly, retain employees.
Highlights:
-“While this is the time to ask for a raise, in many ways the same
rules apply with regard to how to go about doing it," says Business
Management Expert and owner of Business Management Firm '7 Stage
Advisors' in Butler, NJ Carl Gould (see short bio below).
-Major chains like Chipotle and McDonald’s have been fast to
provide higher pay and better perks while larger companies like
Bank of America have raised analyst pay by 10-thousand dollars and
the salaries of associates and vice presidents by 20-thousand
dollars.
-Tips to ask for a raise include eliminating any fear you might
have about asking, making a list of your accomplishments on the
job, making an appointment with the 'decision maker' and not the
person who cannot make it happen, and preparing answers to any
objections in advance.
Questions addressed:
• Why is this the year to ask for a raise?
• How can you prepare for the meeting?
• Why do you have the upper hand?
• What could you ask for in lieu of more money?
Useful Links:
Financial Survival Network
7 Stage Advisors
Start Your Xmas Shopping ASAP with
Carl Gould
Life in Post-Pandemic America with
Carl Gould