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Some workers are discovering that they can stay put in the jobs they have and still make more money, … More and experts show how you, too, can make this happen.<\/p>\n
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It\u2019s hard not to become discouraged in the crowded 2025 job market. Gallup cites that 48% of U.S. employees are seeking new roles. When workers are dissatisfied with their current jobs, the first option is usually job hopping. But there\u2019s another option hiding in plain sight, like those looking for their glasses when they\u2019re on their head the whole time. Staying put in the job you already have and using different strategies is another option. According to experts, there are ways you can boost your annual salary in the job you already have without job hopping.<\/p>\n
5 Tips For Staying Put And Increasing Your Annual Salary<\/p>\n
To navigate job changes wisely, it\u2019s important to focus on long-term career advancement, not short-term gains. Current market conditions and the ability to articulate your career moves can bring you more money and professional growth. Experts offer tips on how you can consider long-term salary gains, shine in the job you already have and increase your annual salary.<\/p>\n
1. Invest In Your Own Professional Development<\/p>\n
I spoke by email with Amanda Augustine, certified professional career coach (CPCC) and resident career expert at Careerminds<\/a>. She suggests that you start by investing in your own professional development by upgrading your skills. She recommends completing a certification, joining a training program or building in-demand skills during your off-hours.<\/p>\n \u201cThis helps position you as a more valuable employee who\u2019s worth a bump in compensation,\u201d she points out. \u201cYou might also find opportunities to earn more by taking on high-impact projects, leading cross-functional initiatives or volunteering to work less desirable shifts that offer time-and-a-half pay.\u201d<\/p>\n 2. Check In With HR<\/p>\n Augustine suggests that you check in with HR or long-time colleagues to make sure you\u2019re taking advantage of all the benefits your company already has to offer. \u201cFrom pre-tax commuter stipends and wellness reimbursements, to mentorship programs and professional-development budgets, these offerings can reduce your expenses and add value to your career,\u201d she explains. \u201cSome companies even offer employee referral bonuses for helping to recruit great talent or extra pay for internal training or mentoring.\u201d<\/p>\n 3. Ask For A Raise Or Promotion<\/p>\n Don\u2019t be afraid to ask for what you need to improve your salary. Sam Hammock, CHRO of Verizon<\/a>, told me it\u2019s important to advocate for yourself\u2014whether it\u2019s a promotion, a better work-life balance or even just more resources on your team. Hammock says you have to think about what you need and have the courage to ask for it. She suggests that if you\u2019re scared, remember that negotiations are conversations, not confrontations.<\/p>\n If you\u2019re asking for a promotion or a raise, it\u2019s important to have a list of your achievements and cite how they have had a positive effect on your team and the organization. Time your request by learning your company\u2019s cycles and business needs. Typically, the four best times <\/a>to explain why you deserve more compensation is during an annual performance review, after completing a successful project, when the company reports strong financial results and after you achieve a significant personal milestone like completing a major certification, receiving an award or exceeding performance targets.<\/p>\n 4. Consider Other Negotiables<\/p>\n If a raise isn\u2019t possible right now, Augustine recommends that you think about other negotiables that offer real value, such as a flexible schedule, additional paid time off (PTO) or covering the cost of a certification or conference. \u201cNo matter what, track your accomplishments and wins in your digital \u2018brag book\u2019 throughout the year so you\u2019re ready to make your case when the time is right,\u201d she advises. “Remember, raises and cost-of-living adjustments (COLAs) aren\u2019t automatically doled out, so it\u2019s important to be proactive in managing and advancing your career.”<\/p>\n 5. Start A Side Hustle<\/p>\n Side hustles have become the new normal for having your own revenue stream, giving you confidence at the negotiation table, whether you\u2019re pursuing a promotion or negotiating a raise. Experts argue that side hustles are no longer a luxury but that everyone needs a gig job to supplement their current jobs in today\u2019s uncertain economy.<\/p>\n If you\u2019re tight for income, side hustles can help you get back and stay on your feet. Consider joining the increasing numbers of workers taking back their earning potential with their own plan, on their own schedule, driving their own future career destination. Salary supplement is the leading motivator for side hustles, with some earning as much as $45,000 annually from gig work.<\/p>\n According to SideHustles.com, one in six Americans report earning at least $2,000 per month from freelancing. If you\u2019re looking for the fastest growing side hustles in the U.S. and Canada, you can find them here<\/a>. If you\u2019re wondering how to make quick easy cash fast and how to get started, you can find a few leads here<\/a> and make as much as $1,000 extra per month.<\/p>\n 6. Partner With AI Instead Of Resist It<\/p>\n