10 Steps To Take If Your Salary Isn’t Keeping Up With Inflation

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10 Steps To Take If Your Salary Isn’t Keeping Up With Inflation
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These 10 suggestions for earning more money don't guarantee you a raise. But if you don’t ask (and ask again), the answer is a guaranteed No.

“Invest in improving your skills and expertise—it will get you a long way and fuel your career at any stage. See what skills are in high demand in your niche, research high-priority jobs on LinkedIn to see what kind of abilities they require and ask your manager for advice on what skills would be good for your career within the organization…..Make sure that the leadership is aware that you’re ready to apply these new skills and take on more responsibility,” said Peskin.

Keep in mind that, even with the best preparation and Peskin’s actionable tips, you may hear No to your raise request. Sure, you could ask for alternatives that pay off down the road , but these may not be good enough substitutes right now. If you are declined a raise and looking for ways to keep up with inflation in the immediate term:Give yourself a raise by redirecting any extra energy you have to a side hustle.

and strategy has long-term value but won’t help right now. Earmark your extra time and energy to looking for a new job, paying attention to employers who are paying competitively.Your current employer’s inability or unwillingness to grant raises may be a function of your industry. The

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