Get together with a group of friends at this moment and always, at some point, the conversation will turn to the economy. The price of gas, the cost of groceries and the rising cost of housing are all pain points.
The US inflation rate eased slightly to 8.5% in July, from June’s 40-year high of 9.1%, but costs remain high. The latest CPI report shows that whole milk is up 14.5%, cereal is up 16.8% and eggs are now 38% more expensive than in July 2021.
The result is that many people, even those with relatively high incomes, are feeling the pinch. When inflation rises and costs rise and salaries remain static, we spend less, and workers will naturally look to switch jobs.
This is one of the factors that fuel the so-called “The Great Resignation”. A workforce survey of more than 2,600 mostly professional/office workers in the US from The Conference Board found that 29% of employees who left their organization during the pandemic were making more than 30% more money in their new company, adding fuel to the fire.
Many of us are stressed, lost and burned out in our current jobs. You may have taken on more tasks or found that you’ve worked harder over the past few years. In fact, 83% of respondents to a workplace survey say they’ve created up to six new tasks outside of their job descriptions due to co-workers resigning.
Discuss compensation
Another way to earn more money is to book a chat with your manager to discuss your performance and compensation. It sounds like a no-brainer: after all, if you’re juggling extra responsibilities, navigating hybrid or remote work with little supervision and getting it all done, why don’t you deserve extra money?
Wait though. Although CEOs and CFOs know that employees are struggling with affordability, only 28% of them plan to raise wages for all employees, according to a Gartner study released in August. Seventy percent of the leaders polled said pay raises would be given only to top employees.
The survey underscored that “employee performance will be a major determinant in awarding salary increases to both salaried and hourly employees in response to cost-of-living increases from persistently high levels of inflation.”
So, if you want that raise and think you deserve it, go to your meeting armed with the facts to back up your case. And if you’re a “quiet quitter” — disengaged, making just enough to get by, but no more — it might be time to look for a new job, and a bigger paycheck.
Here are three we like the look of, and you’ll also find many more roles to apply for on the VentureBeat Job Board.
Staff Engineer — DevOps & Release — Big Data — Federal, ServiceNow, Santa Clara
The Staff Engineer — DevOps & Release — Big Data will require passing a ServiceNow and USFedPASS background screening. You will join the big data team that plays a critical and strategic role in ensuring that ServiceNow can exceed availability and performance SLAs. You will deliver innovative monitoring, analytics, and actionable business insights by leveraging new tools, big data systems, enterprise data lakes, AI and machine learning techniques that improve efficiency across various functions in company. Want to know more? You can find the full job description here.
Cyber Security Engineer, Purple Drive Technologies, Austin
Purple Drive Technologies provides information technology services, consulting and digital solutions, and is looking to secure the services of an experienced Cyber Security Engineer. You will be a self-starter and able to drive projects to completion. You will need to have basic experiences in security architecture reviews as well as hands-on experience in static code analysis and tooling. You’ll also need two to five years of web application security and cryptography experience, at least one year of AWS experience and several years of application security testing experience. Get more information and discover the benefits.
Software Engineering Team Lead (.NET), Personify, Remote — US
Personify is seeking a Software Engineering Team Lead (.NET) who makes smart, well-informed technical decisions and strives for perfection. You’ll be a relationship builder, coach, and seasoned coder ready to move to the next level in your career. You will join the Member Clicks squad and introduce and implement recommendations that maximize the potential of AWS, increase scalability, optimize performance, and ease management. If you like the sound of that, find out all the details right here.
Ready to find a great new role? If so, there are plenty of opportunities on the VentureBeat Job Board
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