Want a raise? Now is the perfect time to ask for it, career experts say
August 2, 2022
Leland Harper waited for the right moment to ask for a raise, a bold move considering that the small Michigan university where he works had frozen salaries before the pandemic.
But when Harper asked for a 10 per cent salary hike in 2021, he got it — and job market watchers say that a labour shortage has given workers a real edge in negotiations.
In fact, it’s the perfect time to ask for a raise in many sectors, employment experts told CBC Radio, given the combination of rising inflation and a scarcity of workers.
Inflation recently hit 5.7 per cent — its highest point in a generation — and is pushing up the cost of living at a time when employers have to compete for staff.Source: CBC News