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- It's crucial to know how to ask for a raise, but many Americans have never done it.
- Knowing when to ask for a raise can also be tricky.
- Asking for a raise could improve your income in the short- and long-term. And if you don't ever ask, failing to negotiate could potentially cost you more than a million dollars over the course of your career.
It's crucial to know how to ask for a raise and negotiate your salary.
"The important thing to remember is that if you don't ask the answer is always no," Joanna Echols, a career and wellness coach, told Business Insider.
But most Americans have never asked for a raise. And an analysis by Salary.com found that failing to negotiate could potentially cost you more than a million dollars over the course of your career.
It can be intimidating to ask for a raise. But here are 28 tips on how to navigate the pay bump process.