"When you hear the word raise, that implies that after you receive one, the quality of your life will increase because you're earning more money," says Stacie Haller, chief career advisor at Resume Builder. "If your raises are not as high as the inflation rate in the economy, you're really not getting a raise."
"Millennials have gone through two pretty bad down markets, and they have a different experience than other generations," says Lowell Smith, cofounder of Iralogix. "For millennials, it's more of a lifestyle, which doesn't seem to fit the way baby boomers and the older generations are planning it out."
"Gen X employees are well into their careers and likely have worked with both boomers and millennials giving them a unique perspective in the workplace," says Toni Frana.
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