Yes, you can still ask for a raise in an ugly job market-experts reveal when (and how) to do it | Fortune
Briefly

Yes, you can still ask for a raise in an ugly job market-experts reveal when (and how) to do it | Fortune
"Artificial intelligence tools increasingly screen the resumes of applicants. Now may seem like an inappropriate time to request a raise. But sticking around doesn't mean wages and salaries have to stagnate. Career experts say it's not wrong, even in a shaky economy, to ask to be paid what you're worth. Raises aren't even necessarily off the table at organizations that are downsizing, according to some experts."
"If you've taken on greater responsibilities at work and have received strong performance reviews, or if you've learned you're paid substantially less than colleagues or competitors with similar levels of experience, then it may be the right time to ask for a pay adjustment. "They know that you're taking on more work, especially if you've had layoffs on your team," Kohn continued. "At that point, it is very hard for them to lose an employee that you know they now are relying on much more.""
The U.S. is experiencing a significant hiring slowdown, prompting many workers to stay put instead of changing jobs for better pay. Artificial intelligence increasingly screens applicant resumes. Raises are not necessarily off the table at organizations that are downsizing, and companies that retain staff through layoffs may be reinvesting in those employees. Employees who have taken on greater responsibilities, received strong performance reviews, or discovered they are paid substantially less than peers or competitors have valid reasons to request salary adjustments. Financial strain or holding a second job also justifies asking for higher pay and offering additional effort.
Read at Fortune
Unable to calculate read time
[
|
]