Is it Time to Ask for a Raise?

If you read this article on Yahoo Finance last week, you might have concluded that there was an inevitable raise coming your way.

The article quoted a bunch of economic metrics and rates, but the gist of the both the headline (“Why you should be getting ready to ask for a raise”) and the article can be summed up in the third paragraph (emphasis is mine):

Finally, more than five years after the recession officially ended in June 2009, the job market is beginning to normalize. That means that the last piece of the economic recovery, higher wages, should arrive shortly. In other words, it’ll soon be time to start asking for raises again.

Continue reading