In a time of economic uncertainty and hiring slowdowns, many workers may feel hesitant to ask for a raise. However, career experts suggest that it is still appropriate to advocate for fair compensation, especially if you have taken on more responsibilities or are paid significantly less than your peers. Timing is crucial, and it may be the right moment to request a pay adjustment if your current financial situation is impacting your job performance or if you have been excelling in your role.

Researching current salaries, discussing compensation with coworkers, and compiling a “brag sheet” of your accomplishments are all strategies that can help make your case for a raise. While there is no guarantee of success, having the conversation with your manager can set the stage for future negotiations, even if your request is initially denied. Remember, advocating for yourself is an important part of career advancement, and it’s better to know where you stand than to wait indefinitely for the perfect moment to ask for what you’re worth.