MONEY experts chat: Make more in 2014January 3, 2014: 1:32 PM ET
Have a New Year's resolution? Once you get past starting an exercise routine, making more money very well could come next on your wish list. What's one of the best ways to do that? Getting a new job.
And it's a great time to be looking. Economists expect 200,000 new jobs to be created every month this year. Plus, you will find the search less crowded; there are only three unemployed people for each opening now, far below the average of seven at the height of the recession.
Employers are also experiencing a talent drain, as more than half of companies are seeing a big jump in turnover. This gives you the upper hand in negotiating a raise or promotion, a refreshing change from the past few years. Whether or not you really want to switch companies, you have a chance to reap some benefits from the improving labor market.
Join MONEY magazine and salary data and software company PayScale on Wednesday, January 8 at 3 p.m. Eastern Time (12 p.m. Pacific) on Twitter to discuss ways you can earn more at your job in 2014. Whether you're looking for a new one or not, we will answer your questions on how you can make the changes to your work life that will benefit you for years to come.
- Katie Bardaro (@Bardake) is a lead economist and data analytics manager for PayScale.com. She manages PayScale's search and query algorithms that analyze and aggregate compensation information for millions of individuals in real time.
- Donna Rosato (@Rosatodonna) is a senior writer at MONEY. She covers strategies for career advancement and retirement planning.
We can weigh in on any of the following subjects:
- Moving up the ladder at your current employer: How to get a big raise, snag a promotion for that dream position within your company, stand out on the job and prepare for a salary negotiation.
- Getting a leg-up on your job search: Insider tips on increasing your market worth, finding the best job prospects, making yourself more attractive to a potential employer, and landing multiple offers.
- Picking the right opportunity for your future: What you should look for in your next job, how to negotiate more money once you get an offer, and why the best opportunities might be within your own firm. Plus, which careers, cities and industries are seeing the most wage increases.
- Negotiating for other perks: How to get things like extra vacation days, what to ask for depending on your experience level, and why taking on additional responsibilities can improve your negotiating position.
How to Join:
- Just hop onto Twitter on Wednesday at 3pm EST/12 pm PST
- Follow @MONEY, where we will be moderating the chat and sharing your great responses
- Ask a question by including the hashtag #MoneyMagChat
- Watch it all unfold by searching #MoneyMagChat on Twitter or TweetChat
We look forward to hearing from you via the #MoneyMagChat hashtag on Wednesday!