5 Mistakes That Keep you From Getting a Raise

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ORLANDO, Fla. (Ivanhoe Newswire) — Are you tired of making the same amount of money year after year? Maybe you’re dreaming of a raise, but not sure how to get one. There are five mistakes that may be keeping you from making more!

You work hard for it…and you could always use more of it!

But if you really want a raise, you need to avoid some common mistakes. The first: not asking! One study found less than half of working Americans ever ask for a raise. So ask, but make sure you do your research and know how much you’re worth. The next mistake: bad timing. Don’t ask for a raise when your boss is stressed or following a budget cut announcement. The best time is after a big success that can be traced back to you. Mistake three: sticking to your job description only. If you never go above and beyond, your boss is much less likely to reward you with a raise. Volunteer to take on extra projects or come in early and stay late. Another no-no: not learning new skills. The more you know, the more valuable you are to your company. The last mistake: asking for a raise but not wanting to take on more. If you want to make more, you must be willing to do more!

So what are the odds that you’ll get a raise if you ask for one? A 2015 study found that of the people who asked for a raise, three quarters got one, and 44-percent received the amount they asked for!

Contributors to this news report include: Julie Marks, Producer; Roque Correa, Videographer and Editor.