Follow These Scripts To Ask Your Boss For A Raise

If you’re feeling the pinch of inflation, you might be considering asking for a raise. These scripts will help you figure out exactly what to say.

Inflation is spiking the cost of nearly everything this year, with the latest Consumer Price Index showing an 8.2% increase in the all items index over 12 months. To compensate for the range of increased expenses a household has to handle, from higher-priced groceries to climbing medical and transportation costs, a pay raise may be a welcome boost for you and your family.

Despite inflation creeping into so many corners of the market, salaries aren't rising at the same pace. A survey of U.S. employers shows us that while companies might be budgeting for an increase in salary of 3.4% this year, that's less than half the current inflation rate, which hovers at around 8.2%.

Asking for a raise can feel daunting, but it doesn't have to be. Companies should consider raises to be built-in incentives to help employees do their best work. With that in mind, you can make a good argument that will benefit your financial future.