Getting a raise could be as simple as just asking for it, but very few employees take that step, according to a 2017 job seekers report by Jobvite, an online social recruitment program to assist businesses in talent acquisition.
The company’s researchers concluded that a mere 29 percent of potential employees initiate a conversation to negotiate salary, meaning 71 percent of the workforce overlooks the opportunity to ask for more pay. Analysis revealed not only that many workers are hesitant to “raise” the issue, but also that a substantially higher number of women (62 percent) than men (44 percent) feel uncomfortable with the subject.
“The No. 1 thing that will dictate your future earning potential and get you to $1 million the fastest is how much money you are being paid today,” millionaire Grant Sabatier told CNBC recently. “Unfortunately, you probably aren’t being paid what you are worth.”
Sabatier suggested researching the salary range for workforce members with a similar experience level; preparing an approach, and then negotiating with the appropriate supervisor to increase the chances of scoring a higher salary, according to CNBC. Jobvite added that negotiating works, citing that those who asked succeeded in 84 percent of the cases.
