The current hiring slowdown in the U.S. has made job-switching less effective as a means for workers to increase their incomes. Historically, changing jobs led to higher wage growth; however, as hiring rates drop to a decade low, workers may find it challenging to secure new positions. Experts suggest that during this period, employees should focus on asking for raises instead. They encourage workers not to hesitate in advocating for salary increases, especially during company salary reviews or after achieving significant accomplishments.
I would want to push people out of this mentality that asking for a raise is somehow bad or wrong.
The best times [to ask for a raise] are typically when the company performs a salary review or after a big accomplishment.
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