Salary negotiation with the boss: This is how much money is possible on average

Created: 01/14/2022 06:07

By: Andrea Stettner

Many bosses turn out to be tough negotiators.

But a small salary increase is often possible.

© Westend61/Imago

Almost 40 percent of Germans never negotiate their salary.

There is almost always a small increase in it.

We show how much employees expect on average.

Many employees get sweaty hands at the thought of a

with their boss.

Fearing rejection, many workers shy away from an opportunity to ask for a raise.

There is almost always an increase in wages.

Also read:

Salary negotiation: Almost 40 percent of Germans never negotiate their salary

A representative survey of 2,000 people by the financial service provider

reveals some details about how Germans feel about salary negotiations:

• 38 percent of Germans have never negotiated their wages.

• A quarter of the employees have never had a salary increase.

• Around nine percent rely on the bargaining power of a trade union or employee representative body.

• Five percent are waiting for the employer to approach them.

• Another five percent were only able to achieve a higher income by changing jobs.

Good to know:

Salary increase solely due to demographic development

It is a pity that many employees shy away from salary negotiations, because the chances of a wage increase are currently good.

Economists are forecasting high salary increases in the coming years due to demographic developments.

," said Gabriel Felbermayr, head of the Kiel Institute for the World Economy (IfW) in the 

newspaper.

He is referring to the fact that the number of available workers will gradually decrease from 2023 at the latest.

In the future, companies will therefore compete for fewer and fewer employees.

Also interesting:

What is the average salary increase?

Salary negotiation can be financially rewarding. Employees can

, as the study by

shows. Eleven percent of the Germans surveyed have so far achieved a maximum salary increase of three to five percent. Nine percent received one to three percent, seven percent of those surveyed were able to look forward to an increase of over seven to ten percent. For eight percent even more than ten percent were in it - five percent even achieved more than 15 percent salary increase.

So it makes sense to regularly renegotiate your salary.

As a rule of thumb, employment law experts recommend

going back into negotiations no more

By the way, this shows that you are underpaid.

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