"If there's been significant turnover at your organization — whether voluntary and involuntary — your company may be worried about retaining you," said Roy Cohen, author of"Wall Street Professional's Survival Guide" and a career coach."You have a lot of value."
"Whether you're new to the workforce or are an experienced professional, you should consider asking for a pay increase to keep up with inflation, market volatility, and rising costs," Lanan said.Next, you need to develop an understanding of your value in the job market, Tilia said. Data is key. Experts recommend comparing your job description with your workload and responsibilities, as well as other companies' listings for similar positions.
Many people join a company in a role and at a pay level that, eight to 12 months later, doesn't reflect the level of work they are doing, Tilia said. This happens more frequently in a high-turnover job market because employees may not always get replaced right away."You were hired as a coordinator, now you're acting as a manager, but you still have the coordinator title and pay," she added.
He recommended saying something like:"I love what I do and I hope you agree I'm doing it well. Now that my position has been saved, but others have been terminated, my workload has increased. I hope that some of those cost savings can be diverted to me."