The economy is seeing healthy job growth, but the odds of scoring a raise or bonus continue to lag for most Americans. According to Bankrate.com‘s newly released research, 52% of American workers didn’t get a raise is the last 12 months.
There was one bright spot, however, at least for high-income workers: Employees making more than $75,000 were the most likely to be taking home a bigger paycheck, with 43% scoring raises and a further 11% moving up to higher-paying jobs. A lucky 3% scored both a new job and a raise.
Here’s what to do if raises have been passing you by
If you haven’t been one of the lucky one, there are a few things you can do to put yourself in a better position the next time around.
Boost your performance at work
While there’s no guarantee that this will get you that raise, it could help you stand out for the right reasons.
After recommending steps like doing your homework on why you didn’t receive it and coming up with different “creative alternatives,” she writes: “Moving forward, armed with knowledge about why your request was denied and having shown that you understand and empathize with your manager’s reasoning, channel your actions toward being an indispensable, unforgettable team member. Try your best to anticipate your boss’ needs before he or she asks you to address them, or go the extra mile to deliver top results that will make the entire team look good. … If you’re doing valuable work that wouldn’t be possible without you, your management team will be much more likely to grant Read More Here