3 Surprising Stats About Asking for Raises: What You Need to Know
Summary
The article reveals three eye-opening statistics about asking for raises that empower employees to negotiate better salaries. First, 70% of workers who ask for a raise receive one, dispelling the myth of automatic rejection. Second, women are 25% less likely than men to request a pay increase, contributing to the gender wage gap. Finally, 44% of those who never ask for raises cite fear of rejection as the primary reason, highlighting the importance of overcoming this hesitation. With these insights, employees can confidently approach salary negotiations, potentially improving their financial well-being.
The Ascent
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