David Kelly, JPMorgan's chief global strategist, believes that US workers are hesitant to request raises even though there are 8 million job openings. He highlights how company announcements regarding layoffs can discourage such discussions. Experts suggest strategies like maintaining a 'brag sheet' to document accomplishments, researching pay standards to understand one's worth, and leveraging technology to aid in salary negotiations. These practices can empower employees to advocate for themselves and increase their chances of securing a raise.
"Everybody knows it's hard to find a good employee," he said.
"There's nothing like announcing prospective layoffs to quiet down the labor force."
What are the top things that really showcase the impact that you've made?" she said.
Keeping a list can also help identify when it might be time to ask for an increase in compensation or a heftier title."
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