I think my boss is mentally living in 2002. Because when I told him I needed a raise, since my salary wasn’t keeping up with the cost of living, he laughed. Then, once he composed himself, he asked if I was joking, I said no. Then he proceeds to tell me that a $58,000 a year salary is more than enough to live off of. I’m single and live in Memphis, my salary barely covers the rent. What’s my next move here?

likefunnyhelpfulsmartuplifting
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That is so out of touch. Cost of living has changed so much, and $58k does not stretch like it used to. Honestly, I would start quietly looking for a new role while you still have this one. A boss who laughs at a raise request is not someone who is going to invest in you.

likehelpfulsmartuplifting

". . .Invest in you." He probably won't, you're right, and thank you for being supportive.

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You should not be asking for a raise “since your salary isn’t keeping up with the cost of living.” If you’re asking for a raise, it should be because you’re providing more value to the company in some way. Because you’ve grown your skills, because you’ve exceeded the expectations they had for you when you were hired, because your responsibilities have changed, because of something else. When costs increase for you due to inflation, they increase for the company as well.

Median household income in Memphis is $51k. For “non-families” (single people living alone or with others) is $38k (according to worldpopulationreview.com, which I know nothing about). So that would indicate that $58k is, in fact, more than enough to live on. But you might have to find a different place to rent, or get some roommates.

Others have said he isn’t qualified to say what you can live on. That’s true - but OP brought it up. If you bring up your personal finances in a conversation with your boss, then he’s entitled to tell you his opinion. Keep it professional. Don’t talk about your personal finances; talk about your value to the company.

likefunnyhelpfulsmart

Yeah, I was gonna say, 58g in Memphis is pretty do-able, then again it depends on what the job is, education, training- but as far as keeping up with the cost of living, 58g is more than most teachers make in larger more expensive cities- not saying it's right, but...

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jump an other bowl

Why not give the company I worked for a try? The hours are flexible, and it pays well, but living off that amount must be very tough. Try something new

I'll guess that you are part of the majority of Americans with consumer debt.
70% of American households have debt besides their mortgage.
Get out of debt and don't expect more money will change your behavior.
You need to change your spending behavior.
My wife and I followed the plan outlined in The Total Money Makeover by Dave Ramsey.
You can follow that too and live debt free.

You already know. You should look for other opportunities and see if you can get a position that is as or more rewarding. When you find it, give at least two weeks notice and do what you can in that time to help your current employer prepare for your departure. Good luck in your search.

Find a new job immediately.

Get your resume and LinkedIn profile updated. Watch interview videos on YouTube like "The Companies Expert." In interviews, do not say Any Thing (I emphasized that) negative about work. You are "looking for a role that is commiserate with your experience."

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Start looking for another job that pays more. Problem solved.

Maybe a transfer to better opportunity, and place. Since you see where you stand

You deserve better—don’t stay in a role where you’re undervalued. Start exploring new opportunities and update your resume. You can either hire a professional or use ChatGPT to help with it. With your experience, knowledge, and expertise, you’re more than qualified for a position that offers better pay and benefits. It’s clear your current employer doesn’t truly value your contributions.

It’s incredibly frustrating when leadership is out of touch with today’s economic realities. The cost of living has changed drastically since 2002, especially when it comes to rent, groceries, and healthcare. If your current salary isn’t sustainable, you’re right to speak up. Your next move might be to start documenting your accomplishments and job search for comparable roles in your area or remotely. If your company can’t or won’t adjust, it may be time to explore opportunities that truly recognize your worth.

Your best leverage is logic. He's getting the work he needs done for a price he doesn't like paying already. You're asking for the same work to be done for more money. He has to understand you're being reasonable. After taxes for a single person in Tennessee, that's $4,003 a month. Going on averages - driving a 3-5 year old car after insurance, gas, maintenance, and registration - $1,056/month
one-br apartment, electricity, water, internet - $2,500 (depending on your place, but chat says this is the average in Memphis)
Food - $250
Cell phone - $144
total is $3,733
You've got $270 left and we gave you a pretty cheap car and rent and haven't factored for anything outside of these basic of basics.

If you're spending almost all of your $4,000 on rent, finding a cheaper place is a must tbh. Even if you win this negotiation, it's unlikely your salary is going to be doubled. However, that can be a good appeal to show you're trying and it still doesn't work. As in "I do realize I have to find a more affordable apartment, but even at half the rent I'm paying now, I would still barely afford to live."

The real question now is where do you want to go for a comfortable living wage, valued as a person and employee?

I wish I made that much. I do the job of 4 people plus always helping someone here and there and I am a single mother of three kids and two dogs. I asked and she said " well you want to take on more work Ill think about it"
Good luck on getting more money.

Try leaving outside of the city a bit. And living like you make $54k instead of $80k. I support a family of 3 on 50k and we live in a three bedroom house with a half acre lot and have 5 cars. We live comfortably. Hell I just went abroad on vacation. You are overspending if you can't survive on that.

Send your request for your raise to Hr and explain why you deserve your and Pretty sure they will consider your raise.

This is what is happening with me. I go to the next job to get a higher pay, especially when I have seen many times they are hiring new people I train them, with a higher salary than mine.
Then the interviewers asking why I am leaving my current job???

Hi am a male in his late 30's and am single too.Have been looking out on security companies that offer visa sponsorship to the United States,am a certified strategic intelligence specialist.i cover wide range of security operations ranging from physical security to data security and my key area is forensic investigations.i have a masters degree in digital forensics.my first degree is in intelligence and security.i have over 10 years of experience in security operations.i have worked with the military and also with the police force in my country...I really need help on this ..thanks ....

Same happened to me, decide to leave.

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