Workers Are Afraid to Ask for a Raise. Is This Good News or Bad News?

Your employees are likely afraid to ask for a pay raise — and that should be concerning.

A recent surveyOpen in a new tab by career advising platform Zety found 3 in 5 workers are willing to accept a smaller pay raise, or no increase at all, because they’re worried about job security and layoffs. Additionally, 66% of the respondents said they simply aren’t willing to ask for a raise right now — a significantly higherOpen in a new tab proportion than those expressing the same sentiment in a B2B Reviews survey in 2023. READ MORE