You Should Ask for a Raise – Yes, You
Motley Fool Answers
The Motley Fool
4.4 • 823 Ratings
🗓️ 17 July 2018
⏱️ 42 minutes
🧾️ Download transcript
Summary
With the economy humming along and the employment rate so low, we’re joined in the studio by Lee Burbage and Kara Chambers of The Motley Fool’s People Team with their advice on how and why you should ask for a raise.
Thanks to Harry’s for supporting Motley Fool Answers. Get your Trial Set – go to Harrys.com/fool
Transcript
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| 0:00.0 | Thanks to Harries for supporting Motleyful Answers. Harry stands behind the quality of their blades, |
| 0:04.9 | but they know that switching razors isn't an easy decision. So they created a trial offer. |
| 0:10.1 | Claim yours by going to harries.com slash fool. |
| 0:16.6 | This is Motleyful Answers. I'm Alison Southwick, joined as always by Robert Brokamp, |
| 0:20.5 | personal finance expert here at The Motley Fool. |
| 0:23.1 | Hi, Allison. |
| 0:24.2 | On today's episode, we've brought in a couple people from the Motley Fool's people team |
| 0:28.5 | to help you negotiate a raise at work. And Bro reads reports about Social Security so you don't |
| 0:33.8 | have to. All that and more on this week's episode of Motleyful Answers. |
| 0:38.7 | So, bro, what's up? |
| 0:40.2 | Allison, it's that time of year again. |
| 0:42.5 | The time for the, quote, annual report of the Board of Trustees of the Federal Old Age and Survivors Insurance and Federal Disability Insurance Trust Funds. |
| 0:49.4 | Yay! |
| 0:50.3 | End quote, report. |
| 0:51.7 | So, in other words, these are the reports that come out every year from the trustees of the Social Security and Medicare trust funds. |
| 0:58.6 | So in case you're curious, they are supposed to be six trustees. |
| 1:04.1 | So there's the four that are on the report this year. |
| 1:07.7 | It's the Secretary of Treasury, Secretary of Labor, Secretary of Health and Human Services, and the Acting Commissioner of Social Security. Now, they're supposed to be |
| 1:14.2 | two public trustees with four-year terms. The last trustees, their terms ended, I think, |
| 1:20.5 | in 2015 or 2016, and they haven't been appointed yet. So even if you look at the report, |
| 1:27.3 | it has the four people that are part of the cabinet, |
| 1:31.0 | and then it says vacant public trustee, vacant public trustee, |
... |
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