How Do I Ask For a Raise?

How Do I Ask For a Raise?
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[@glich610]

I got promoted this year. Told my boss back in march that my goal for this year is to get promoted. He told me some goals that I should meet. Met those goals by july. August I got promoted.

[@552mustang]

This is the best reply I've seen here. This is exactly the way to do it. Talk about it before during annual planning, ask them what they want as stretch goals and then deliver for the raise. Makes everybody feel good in the process. The employer and employee.

[@rickvangils100]

This is the right way to climb up the ladder and get promotions. You agree on a certain salary for a certain number of tasks (your work), but you also agree with your boss that if you meet certain goals and show a certain level of improvement that comes from racking up experience, they will reconsider your position and salary. That way it doesn't come from a place of entitlement but from a place of agreements you've made which is a much stronger negotiation tool.

[@armandoweckmann5699]

Negotiating your salary in the beginning is crucial. I made the mistake thinking I'll work for cheap and ask for a raise later. Live and learn.

[@NickFaulkner]

Made that same mistake.

[@richiehunt5097]

Yes. This philosophy cost me a lot of money over the years. And what's crazy is that employers tend to treat you worse. If they lowball you when you start, they are just going to lowball you every time you look for a pay increase.

[@mba2ceo]

exploiter KNOW this

[@jacobg8640]

Best time is during salary negotiation. It's possible to get a raise if you can cite taking on extra responsibilities or value you bring, but other than that you get the best raises by jumping ship. People often forget that capitalism goes both ways. Your boss will end your relationship the moment it benefits them. You can do the same.

[@diamondd83]

Thank you 🙏🏾

[@mts4611]

Bingo.

[@armandoweckmann5699]

I agree 💯

[@lucuslopez6866]

Depends on what kind of business your working at. A big corporation usually will just say good bye and wont entertain to giving you a better offer. I find that usually small/med size companies will be more likely to consider making you a new offer if you decide to quit to go somewhere else. Owners in small businesses tend to be more involve in them and more likely to see more value in their current employees and not wanting to hire someone new.

[@agentsmith9851]

I thought it was going to go like this. 1. Sell your car 2. Rice and beans 3. Close all credit cards

[@DesirableComedy]

😂😂

[@dukeduke7569]

U left out a driveway full of STUPID!

[@johnwick6481]

Step 1: Ask for a raise Step 2: Get laughed at Step 3: Get higher paying job offers Step 4: Tell them to match the offers or I quit Step 5: Quit and accept higher paying job

[@perotal]

Step 3 should be first

[@brianmay660]

Side question: are you "Mr. Wick"? I haven't seen you post in ages!

[@aolvaar8792]

@@perotal That's what I do.

[@aolvaar8792]

@Elaine McMurren The negotiation is "I will stay for more money." Not, leave without asking?

[@brianmay660]

Elaine's approach is best IMO. You can still try to negotiate a raise if you can show tangible proof of how they provided the company additional value. That value could be increased revenue, more sales, mentorship of other employees, etc. If the employer still isn't having it or it isn't in the budget, then it's clear they can't afford you at your market value. It's time to find someone else willing to pay you more. You simply keep that under your hat until your transition into your new role is secured. IMO you should almost never accept counter offers. I personally would never without some sort of contract in place. Otherwise, you've basically just branded yourself as someone who's willing to jump and there's no reason for them to promote you. As soon as they can replace you, they will and you're left looking again.

[@BadMannerKorea]

The only way to ask for a raise is the ability to walk away. Without that you have zero leverage. And most people make more by changing jobs anyway.

[@JonFontana24]

You def need to have that in the back of your mind(prob should have a backup job just in case) but I think the best way to ask for a raise is to show your worth to the company(i.e. Sales, generating revenue). It all comes down to the bottom line and how much you impact it. Also depends on the economy as right now is prob not the best time to negotiate as there are a bunch of people waiting for a position to open(most jobs require basic knowledge w/ the rest being learnt on the job). So if you aren't bringing value to the company then you probably don't deserve a raise. Funny thing is raises are really meant to help us retain our purchasing power that takes a hit every year from inflation. That's why raises are usually around 2-3%/year, also known as cost of living raise.

[@avapilsen]

AGREED

[@ArdillaINC]

I don’t dislike John but I feel like he can’t wait to hear Dave’s opinion to quickly agree with him. I wish he was more of an individual and give concise answers without looking at Dave to see if he agrees

[@perotal]

Just like all Ramsey personalities who are male. Only Rachel and Christy would express disagreement with the boss.

[@thecatnextdoor12]

perotal Rachel is his daughter and Christy is his daughter’s best friend, probably visited his home for Sunday meals many times.

[@Da_padilla]

If I am not mistaken john has a PhD too, whatever the case is he's probably worth a bit more than a regular person.

[@sabrinaliu66]

So harsh and judgemental

[@jamescadzow9545]

Don't make permanent decisions based on temporary emotions.

[@alancontreras1362]

My job got rid of the janitor, detailer, service manger when the pandemic started...I was the driver took on all thoes extra roles for 5 months. They looked at me crazy when I asked if a raised from minimum wage was in sight?. Some jobs are not even worth putting in your hard work if they also don’t see any value in you.

[@michaelh5055]

I am sorry, but you are an idiot for even taking on the extra work before getting a raise.

[@killakrok]

1. Provide Value 2. Leave

[@MrClassicmetal]

It's very easy. You walk to the manager early in the morning with a stern expression on your face. And just blurt it out, "Listen, I need more money man."

[@Internal_radio]

Yep 💯

[@HamiltonRb]

That wouldn’t work with me, just because you need more money. I have 16 employees and you would have to show me where you are providing more value that others that I am paying what you presently make, otherwise if I pay you more, I am going to have a line of others who want raises

[@Internal_radio]

@@HamiltonRb bro... it's a joke

[@HamiltonRb]

Micheal Graves Ok, I missed the joke then. Good luck

[@Internal_radio]

@@HamiltonRb the joke was no one in their right mind would ask for a raise that way...

[@victoriagarcia5533]

“I have more degrees than a thermometer 🌡” 😂

[@heatherbrenner8275]

I had a guy come in and apply for a job then get mad at me (I'm not even in HR) because he didn't get the job. He came up to me and said "I'm being discriminated against". I asked him why he felt that way and he said that he has college degrees and could do my job better than me. ok guy...lol.. all I said to him was maybe it was more attitude and less experience that they were looking for. Never saw the guy again, can't say that makes me sad.

[@Je.rone_]

Asking for a raise is likely the least utilized way to get a raise

[@zorkman111]

Because it's the least effective. Left a company paying me $70k and got paid $105k somewhere else a week later.

[@thinksmart3973]

@@zorkman111 what position

[@zorkman111]

@@thinksmart3973 software engineer to solutions engineer somewhere else

[@chimchu3232]

@@zorkman111 did you ask for them to match or did you just leave and take the offer? I think his point was most people would get a raise If they asked for it in the right way

[@ThiccBoi23]

Simple. You should get a raise every year. Absurd to think ones pay should be stagnant.. Inflation will eat it up

[@riverdaletales8457]

Exactly

[@2StrokeSal]

The only time they typically raise the pay is if it meets minimum wage

[@midwestrustwarrior]

Do small businesses ask for a 3% raise too? What happens when they raise their prices and lose sales? Not every environment can afford to give everyone a raise as Dave says they are breathing.

[@MrBrewman95]

@@midwestrustwarrior a lot businesses do raise prices but still don’t give raises

[@azshooter348]

Many years ago I worked for a large, well-known semiconductor company. Raises and COLA were all delayed and forgotten. It had been several years since I got any raise. When I approached my boss about it, he said: " Sounds like you're not happy here. Maybe you should look around & go somewhere else." So I did. It was a move that opened up a multitude of career advancements for me in the coming years.

[@cristi8572]

step 1: get higher paying job offers step 2: ask for a raise step 3: get laughed at step 4: tell them to match the offers or you quit step 5: quit and accept better paying job

[@WISHBONEL7]

?? Have an idea of what the culture is in those other environments that may higher you . " All money is not good money ".

[@alancontreras1362]

Not worth even putting time in jobs like that in my opinion

[@MrCrazyperson74]

Exaclty. Im thinking about leaving my current job. I get paid 30-50% less than other companies with similar jobs. Plus with the virus, it constricts us with so many rules and restrictions, Its not worth working there anymore.

[@perro7183]

Seems like yearly cost of living increases should be given at a minimum. If inflation isn't kept up with, the employer isn't keeping their end of the bargain

[@riverdaletales8457]

Yep that's why I recommend living with family and or friends or even having a roommate unfortunately not everyone can have a life turning story like Dave , I don't recommend at all to life by yourself

[@55jholloway]

Thanks for your encouragement!

[@djme5419]

People need to take control of their salary negotiations. The employer needs your services and skills so it's an equal exchange it's not master and worker and the worker takes what's thrown at them and feels lucky. If you have a marketable skill and you provide good service for the company then you are in a position of power and you should make them compete for you. Stop obeying the employer like a parent. It's a mutual respect and relationship.

[@richthepup]

Extremely well said. This is foolishness, be ever loving to your employer, non-sense.

[@riverdaletales8457]

Unfortunate how companies don't understand this

[@hanymohd5194]

Well. Said

[@hanymohd5194]

This question not for Dave , he is owner of small business and live off kickbacks too

[@Tom_Het]

Forget this mess. Preston, show your boss a JOB OFFER you've received with a higher payment. Give YOUR boss the TOOLS they need to justify a raise to THEIR boss. If they won't compete, TAKE THE OTHER OFFER.

[@masternobody1896]

its time to buy gold cause old is gold

[@joetyler835]

if he got an offer with higher pay, why not just take the offer and quit old job.

[@bluepumpbro]

@@joetyler835 the grass isn't always greener on the other side.

[@joetyler835]

@@bluepumpbro yeah, depends on how one sees it. Opportunity vs threat

[@chimchu3232]

@@joetyler835 that's the choice you have to make. If you like your job/ company it's worth talking to them about a raise and if they don't accept it then go to another company. It just shows respect to talk to them first before bailing

[@Oliveraseddie1]

The advice in this video just helped me get a 13% increase in salary. Thank you!!!

[@madarchermoto4955]

I have never ASKED for a raise. I just outperform and work harder than I’m required, and I get more and more education and experience under my belt, and if they don’t give me a raise after 2 years to at least keep up with inflation I consider them not worth working for anymore and i go to work elsewhere where I start out with higher pay.

[@raeesg]

this.

[@markyouneva7840]

Companies these days rarely give you what you deserve without asking, sometimes give you what you deserve when you do ask, but are often guarded against employees who become wise to their worth/contributions and have a plan to replace you. It's why a majority of people these days have to jump from company to company every few years to ensure they get a pay increase and why companies have high turnoves.

[@ShesReady2Live]

Mark Youneva bingo! They want, want, want but only feel like paying you 80% of your worth.

[@thecatnextdoor12]

ShesReady2Live Omg my company added me a second job but I’m getting paid the same “due to the pandemics salary freezes.”

[@ShesReady2Live]

The Cat Next Door yes, my task list has also multiplied. Theres never a raise in salary without an increase in what they want from you. Id love to ramp up the creativity for my position yet Im still tasked with trying to pick up the slack of a part time hire who replaced the previous full timer who retired. Can I just say... Im freaking tired!!! Lol

[@ThePatriots010304]

Be prepared to leave. Threaten to leave for another company. I’ve gotten raises twice by threatening to leave for other companies. It was genuine interest from the other companies wanting my services, I had low interest in them and didn’t wanna leave but my employer didn’t need to know that. They just needed to know I was in play and that they could lose me to another company.

[@JadeTrading]

Thank you for sharing 🙌

[@zvaults4168]

If you perform as expected, you should get a yearly raise of about 2%. That is just inflation compensation. If you do better, you should get a bit more, you are providing more value than expected, that should be rewarded. If this guy is taking on more responsibilities, he should be rewarded for it.

[@berrex5152]

Asking for a raise is so Oldschool. That does not work now a days. Now its " you're lucky you have a job in the first place"

[@riverdaletales8457]

Yeah especially for "low end jobs "

[@avapilsen]

Try to look for another job then

[@TaxinGigs]

Just finished reading Financial Peace. Great stuff. Thanks Dave for all the advice.

[@novamaster0]

Not really applicable in Tech/CyberSecurity 18 months average tenure in tech/Cybesecurity. Jumped companies 3 times in 5 years and have almost tripled my salary

[@cato451]

Get an offer from another company that demonstrates your true value then walk into the boss’ office and tell him to match or exceed or you’re gone. That’s what I did three times.

[@TheMopar97]

That completely depends on the company and the personal relationships between the employee and management. I worked a large company where a guy did that. They let him go while he was in the office asking for a raise. They stated his loyalty was no longer and there was too much risk knowing his mindset and willingness to leave.

[@cato451]

Blackneons24 yup. That’s the risk. So what. Move on. Be loyal to yourself and your family...never to a company.

[@thecatnextdoor12]

cato When you did this three times, how many of those did you get the raise?

[@cato451]

The Cat Next Door twice. The other time they called my hand so I left for the other company for a 15% salary increase.

[@thinksmart3973]

@@cato451 what position

[@ProphetC2]

I had a co-worker who had the same amount of years working than me (6). He was complaining about how he was underpaid, but he had been in four different positions during those years and he was hired as an intermediate; while I had worked 4.5 years in a position and the rest in another, so I was hired as a senior. I never told him my total compensation but he did tell me his and I earned about 60% more than him. I told him what to do about it, but he didn't want to put the work into it.

[@RodeoJoe1981]

To half steal a quote from Dave.... work like no one else first, so later you'll get paid like no one else. Works for me 21 years at a company.

[@stevenlee5146]

asking for a payraise in most industries is a death sentence right now. boss can easily remove you and hire someone who will work for half your salary. dont believe me? i posted a job and got 500 applications for a job that normally gets 50-100 applying and most we interviewed through the phone were asking for 60% of what our workers get paid.

[@Vonpol1]

Its a strange time for sure. I work for a fortune one company, and since the begin of the year promotions have become extinct. Its almost like they know that people cant gamble with their futures during the pandemic.

[@aaronmartinez9552]

Anyone that says “long story short” or “ to get straight to the point” is about to tell you the longest most unnecessary story you’ve ever heard in your life

[@bmmk12]

That's the second video in recent weeks that Dr John says, "Bye Felicia" 😅

[@grayandgray]

Phase one. I've proven myself as an outside sales rep, can I get a base bump as I started as an inside sales rep. Phase two, what's the incentive plan if I exceed sales goals. I haven't had a "raise" in 5 years, but I have an opened ended compensation plan for company profit growth. I'll take Door #2

[@shmand]

"I have 1 year experience 20 times." Lol nice.

[@serioushamster]

You don't get raises that mean anything at jobs. You get raises by job-hopping.

[@ThinkMoneyBenny]

you get a raise by starting your own side hustle, then growing it 💰

[@umairahmad4711]

Preach 💰💰💰

[@Shane-fh4uu]

Yes and unfortunately the raises sometimes goes to those that are the loudest. I cringe at how some of my co-workers try to puff their chest. After that happened to me, I focused more on my side hustle, it is now 2x the income of my salary, and I still work the salary job lol. My coworkers are so much more incompetent than me that I can handle the salary job easily with less effort while maintaining the side gig. I haven't quit yet since a guaranteed 1/3 of my income + benefits is still really significant

[@More_Row]

@@Shane-fh4uu What's your side hustle, do you mind sharing?

[@Shane-fh4uu]

@@More_Row just a eBay business but 3 years in the making. I never would have dreamt that it would have come this far. I buy used computer parts on various online forums and even eBay itself and turn around and resell it for a higher price. You have to find ways to make your store and items stand out. Part of it includes offering free return shipping which is hard for an individual to eat the cost of but is manageable if you have good volume.

[@More_Row]

@@Shane-fh4uu Good info, thank you.

[@bakedbean6605]

Apply for another company and if you get another offer, ask your employer to match it. If they won't, you know what to do

[@untouchable360x]

"More degrees than a thermometer." Dave has been listening to the Coach.

[@ShakespeareCafe]

Good luck Check out the CA Warn Act notices of permanent or temporary layoffs and then be thankful you have a job

[@graceandglamor]

Definitely give your current employer a chance to hear you on wanting a raise. But the easiest way to get a SIGNIFICANT boost in salary is to be hired at a new company (or new dept, new team). And I hope Dave is not implying that workers shouldn’t expect merit/CoL raises every year or two. Inflation happens no matter what so if you’re not giving merit raises, you’ll see it reflected in your retention rate.

[@perotal]

You have to be prepared to leave if they say no, otherwise they will take you for granted

[@Justin-dm8yh]

Also your employer should keep your wages up with inflation

[@kiethmergard]

I think he has the right mindset. Perhaps asking for a lunch meeting and then laying out what he's done for the company. Then, perhaps ask his leader what goals would be needed to be hit, in order to get his raise he wants. Salary and raises can be negotiated a lot of times, if it's done with respect and skill.

[@lucuslopez6866]

I usually look for a new job, get it, give 2 weeks notice, and they get the option matching my new offer or giving me something better

[@jillygirl2024]

Love the explanation of entitlement - too many have it - I did too when way younger but not anymore

[@G_Money_]

I asked my boss for a raise the other day and he told me to retire.

[@flisfinance5680]

Ask right after you have done something really good!!! Then it will work

[@sandyseibelhager7131]

At least he can ask for a raise. I work for government. The pay is based on job title, length of service up to five years (after that it’s not a factor) and the contract. It doesn’t matter how much experience you have beyond five years or if you work harder than the guy next to you.

[@alancontreras1362]

Make sense why they probably don’t strive for more then what the job ask for. Fair enough

[@djpuplex]

Have a job recruiter on speaker phone during yearly review. Find out how much it cost to hire and train your replacement tell them that's what you wanna make.

[@graceandglamor]

No recruiter will hire someone willing to break privacy protocols (and potentially laws, depending on your state) like that.

[@sabrinaliu66]

Start to look for other opportunities, you will have more bargaining power if you have already several offers. All the best to you man, I hope your company really values you by giving you a fair increment.

[@DeadsupraEE3]

no one: not a soul: guy on the left: "bye felicia"

[@brianmay660]

The only caveat to Dr. Delony's point of "you agreed to $X to do Y job" is when the job changes from Y to Z. That means the discussion around the original compensation of $X would be revisited. IMO the most valuable thing to take away from the discussion is to keep yourself up to date on your marketplace value. Know what others in your industry are making with similar experience in your area at all times. The whole raise discussion really shouldn't be a "gut feeling" or "I think I'm worth more". Talk to your peers. Talk to others in your industry.

[@thecatnextdoor12]

In my company it is not allowed to talk about salaries. Clearly that’s because people would figure out they’re not being paid fairly but still no one will talk.

[@brianmay660]

@@thecatnextdoor12 In the United States, that's generally illegal in most cases for employers to MANDATE that (you may want to look into the NLRA and similar Department of Labor rules/regulations). There are lots of caveats and limitations to that, of course. If you chose to talk about it after hours, there's not really anything they can do about it legally. If they fired you over it, that'd be illegal in most cases. With that said, I personally wouldn't discuss within the same company anyway. There are plenty of other resources outside of your current place of employment you can pull from statistically speaking. On top of that, it'd have the added benefit of forcing you outside of your bubble and expanding your professional network.

[@thecatnextdoor12]

Brian May Right. My manager “kindly” asked me “not to share that info with anyone” so I know they’ve been saying the same to others too.

[@wtokotie]

Thank you for pointing this out. Dr. Delony should listen and think about all scenarios before pointing out that what you start with should be what you remain at, especially when your work has had an impact. Dave's response is more comorehensive!

[@firepatriot42]

If they don't and laugh in your face leave. I've gone all the further I can were I work and know I'm underpaid, overworked, people that have been their less time than me make more than I do. I'm been planning for a while looking for other positions, and am close to asking, nothing comes of it I leave.

[@butteredbread1756]

4:53 “small business”? 😳

[@armandopacheco-soto3592]

I really hope I never have to ask for this with my employer once I graduate community College

[@bsbedingfield]

My biggest thing is not even getting cost of living bumps and also hiring new people on at my same rate. Then having me train this person without compensation.

[@michaelvan6675]

In sales and don’t get commission?

[@davidfoulk3078]

Hey Boss,how about a raise.... nuff said

[@mr.sevilla3723]

Bonus term in place if you do reach quotas

[@umairahmad4711]

If you’re asking for a raise then it’s time to quit and find better opportunities for yourself. 👍

[@MarkZimmerman]

Or look for another job while you still have one.

[@rickvangils100]

From what i've seen and experienced (still young though) is that if you don't agree with your salary now, you probably never will. You need to work for a company where your ambitions and theirs align well enough. The moment you enter into a job you need to have made agreements on what your development in the next few years will look like and what your reward for meeting certain goals will be. If you don't agree on anything other than what you're being hired for right now you're always gonna be firing shots in the dark because you don't know what your'e aiming at.

[@wellbutrinwellbutrin7387]

Exactly. Inflation isn't real.

[@livefreewithcalebd]

Never ask for a raise. You’ll make more money switching companies

[@jonathan3917]

I asked one year in an got a 40% bump. The thing is I didn't just hit expectations, I brought more value. Saying that, I wouldn't say never because it all depends, you know?

[@livefreewithcalebd]

Jonathan You got that!

[@BadMannerKorea]

I had the same qualifications, education, and experience as my co workers and I was getting paid 35% less. We were all hired at the same time too. I said no way and I was willing to walk away. They gave me that 35% pay bump. I considered it fair and have been there ever since.

[@thepeachyshow-letstalkmone496]

"Hello, could I please get a raise"

[@SimonTekConley]

Dave's partner reminded me of an issue I saw a lot in California. I would work salary, which I was fine with, if I worked 60 hours, I was only paid the equivalent of 40, I understood that. What I didn't like was if I was sick or something, and I worked 36 hours, I would automatically be paid for only 36 hours. And suddenly I wasn't salary.

[@SimonTekConley]

@Sir We Are About to Die in IT, they won't get people to apply to the job without benefits

[@SimonTekConley]

@Sir We Are About to Die right now the industry I work in, there's not enough good IT people, so I foresee the companies offering good benefits for decades to come.

[@rminitials]

Hold the boss' children up for ransom. Yeah I haven't watched the video yet either.

[@MR3DDev]

Just get another job. Unless you are completly irreplaceable you are just going to create friction with management. If you are a good worker chances are you’ll get a 5% which is nothing and management will know you are not happy at the company. If you wanna make more money look for another job is just the best way

[@sparshparimoo]

I have one year’s experience twenty times. Lol.

[@wesjimez2941]

Leave your job. That's how you get more money. Employers don't care about employee's. They rather have you leave. They just want people to be obedient sheep, and cheat you out of money.

[@JacklynCunningham]

Dave, can you do more content on young professionals trying to get into entry-level jobs moving up from minimum wage to an actual livable wage

[@brandonjuber3576]

A few things he has said over the years. 1) Surround yourself with people that have ambition and are working hard toward improvement 2) Read books 3) Find out about certifications that will help you make more money in your job and if it makes sense then get them 4) Find ways to make your employer more money and have conversations with them about it 5) Start a side hustle and try to grow it while you keep your current job 6) Following the baby steps will get you out of debt and have cash in the bank. This will give you the security that you may need to "jump" and make a move. Just some things I've heard him say. Good luck Jackie!

[@JacklynCunningham]

@@brandonjuber3576 hey thanks Brandon :D

[@Timmyk5150]

It's a different ball game if you work a union job doing low skilled work. There's no performance reviews or transparent negotiations. It's a "take what we give you" proposition. Best bet unless you're mid level store management, quit and avoid these jobs.

[@jordanaubrey-realestateinv334]

Show your worth move towards the company future. Serve serve serve and the money will follow.

[@thecatnextdoor12]

Omg not really, they’ll just use you like a work mule.

[@GlassJack]

I've worked in environments where the guy who has been around for 5 years makes less than the new hire doing the same job. Nowadays, it seems like the only way to get a raise is to threaten to leave because you have an opportunity to make more money somewhere else. Employers will do anything to avoid giving a raise, but replacing a guy who shows up and knows what to do is always a gamble. It seems like Dave will give you a raise if you metaphorically blow him. He just wants to be worshiped.

[@monaconumerique]

I believe that you should not ask for a raise because that can get you a NO for an answer. The correct question is what do I need to do to get a 10 percent raise? That will get you a lot of information, for one the work needed to get a 10 percent raise, you will also get to know what the workload required is and if its fair or not, and thirdly you will know what the company thinks of you. They might raise you immediately because you asked or they might say sorry, you will never get a raise cause you are already overpaid...and then you know NOW is the time to leave

[@husher5142]

Realistically if you want a raise .. change companies.

[@gustavsorensen9301]

I’m a free market capitalist ..NO RAISE FOR YOU

[@55jholloway]

I started a KZbin channel with one HOPE: to inspire others. Just got monetized this week!!!

[@jks211]

"Oh please master, may I have some more?"

[@Clic03]

Not a good time to ask for a raise.

[@jzam3220]

Just got promoted this week. I had planned on asking for a performance review or evaluation in about a month or two. I’m sure I would have received a raise.

[@MrTmenzo]

I did and got it. But it's a small company with two employees.

[@SeanBaker]

@@MrTmenzo Same here. What a club we belong to!

[@LoveLife-oo9cz]

Whatever you do, don't show people your desperation and don't be faithful to the employer. If you can have a great job, take it. They are business, if you are not worth, they are not going to hire you so cut the emotions and chase the money.

[@domwings4329]

I have the best data point for Dave and the other guy, 1% average inflation every year. If you aren’t getting a 1% increase in pay annually you are making less every year. Mic drop

[@123hibye]

I’m 13 and have about $1200 in stocks! Thanks for all the advice! I love finance and you inspired me to make my own channel about finance, stocks, Entrepreneurship, later real estate, and more! Thank you

[@CerronPritchett]

Nice congrats and give yourself a raise whenever you want don’t ever have a boss. I cringe when I hear that word. A pawn behaves like a pawn because it believes it’s a pawn.

[@123hibye]

Cerron Pritchett thanks man

[@teamsweattt5227]

hi

[@teamsweattt5227]

great comment

[@omreg123]

leave your job if you are not happy. if you cannot find one that makes you happy start your own business.

[@masternobody1896]

dave ramsy is smart he should start a company

[@Bakurah78912]

John, please stop more mindful of what you say and how you say it. Let Dave answer the financial questions while you answer the mental health and family related questions. Dave seems to hesitate when John says something that is somewhat incorrect and doesn't want to say that someone is wrong.

[@samberens5664]

Stop calling Dave, a guy who is on the management side of the company, for advice on how to advance your station as a worker. The interests of labor and management are inherently at odds with each other so he isn’t going to give you advice that helps your cause because he’s coming from the perspective of looking out for his economic peers in the management class. Class consciousness is so nonexistent in this country that you’ve got workers asking bosses at other companies how to do things that go against the bosses’ interests

[@avapilsen]

You're wrong. THIS is the perspective we desperately need so we can use it to our advantage.

[@vaportrails7943]

What this shows is the importance of the job market. In the big picture, if you want every employee to get paid more, vote for the curtailment of outsourcing and immigration. Employer access to cheap foreign labor is what has driven down pay across the board. It is the reason why the US economy has been stagnant and the reason why we now have two generations worse off than their parents.

[@vaportrails7943]

@Sir We Are About to Die It started with NAFTA (or if you want go back farther, the 1965 Immigration Act), but it was the admission of China to the WTO in 2000 that really accelerated the downward spiral.

[@user-rr1my3tt3w]

salary compression

[@iAlwaysSpeakTheTruth]

If you have to ask your employer for a raise, you shouldn’t be working for them. They should give you raises every year and hit a max peak point. Leave and go somewhere else.

[@iAlwaysSpeakTheTruth]

Also you’re in a sales? Dude get out, I have done it and will never go back. You’re only worth what you can sell, Miss your quota and watch how fast they toss you. Never again.

[@edkennedy7952]

Pretty basic stuff....... ask for one, if you deserve one you'll get one.

[@DannyMayhak]

Did he really just ask whether the basic fundamentals of human interaction ever come into play in business? What a stupid question …

[@hawihawi9260]

Bye felicia!

[@ariantabibian2616]

Become Uncle Dave and you wouldn’t need a raise

[@sinistervipers3689]

You have let people go,but you are asking for more money? I don't know dude

[@MiguelAngel-oh1ub]

My suggestion, never get too comfortable in one place. There’s always greener grass on the other side.