Why now is a good time to ask for a pay raise
CBSN
If you think you deserve a raise, now is a good time to go to your boss. Employers are increasingly struggling to find qualified workers, with many raising their pay to fill open positions.
In 2021, a record number of workers quit their jobs in what has become known as the Great Resignation. A Pew Research Center survey found that workers quit over low pay and a lack of opportunities for advancement.
The current labor shortage gives workers leverage in the job market, especially as remote work has opened up more opportunities. That makes it a good time for people who believe they should be making more money to ask for raises.
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