Here’s why people don’t ask for a raise, even when they actually deserve more money (2024)

Here’s why people don’t ask for a raise, even when they actually deserve more money (1)

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Here’s why people don’t ask for a raise, even when they actually deserve more money

By Shalene Gupta

Ask and you shall receive—but what about those of us who dread asking? B2B Reviews, a platform that collects reviews for business-to-business companies, surveyed 1,000 employees in America to understand how they felt about asking for raises. If you’re afraid of asking for a raise, take heart: you’re not alone.

  • Overall, most people are afraid of asking for a raise: 80% of Americans feel like they deserve a raise, but only 60% intended to ask for one, and 58% say they are afraid to do so. On average, people want a 10% pay raise.
  • Fear is the biggest factor for not asking: 32% of Americans say they are hesitant to ask for a raise because they don’t know how to approach the conversation, and 28% because they’re afraid of hearing no, while 22% say they are worried about their job security.
  • Getting the raise: 57% of people said they got a raise in the past without asking for one, but despite increasing awareness around pay transparency in recent years, two-thirds say they do not discuss their salaries with coworkers. What people do agree on: 70% would not trust AI to fairly decide upon a raise.

“As the economy continues to rise and fall, the conversation about compensation is far from over, and employees and employers alike would do well to encourage more open communication,” the study’s authors wrote.

Fast Company Daily Here’s why people don’t ask for a raise, even when they actually deserve more money (6)

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Keri-Lynne Shaw

I help you negotiate 30-50% more in compensation | LinkedIn Top Voice | Founder of The Salary Bump | Chief People Officer | Speaker | Relentless seeker of the perfect beach.

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Here are a few tips to help you get ready for that conversation, whether you're looking for a new job and negotiating OR you're prepping for year end discussions:New job:ONLY speak in ranges, not amounts.NEVER give your current salary.ALWAYS do your homework on what the new role (and your current one) is worth on the market - you can find this on several internet sources for your specific city/state.NEVER sell yourself short -- with your estimated range, always ask yourself where you want to be then use that as your lowest range, your high end should be your dream number.ALWAYS remember there are many other things to negotiate outside of salary -- PTO, Bonus, Benefits, Tuition reimbursem*nt etc.....HOT TIP: HR ALWAYS expects you to negotiate!!!!! Last but not least, when you give your range - STOP TALKING and let the other person respond.Here's a post I just wrote about setting the stage for year end raises....

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Christian ANISONOK

WebDesigner | Community manager | Cameraman | Photographe Infographe et Monteur Videos

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Merci

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