What’s the best way to ask for a raise when you feel like it's long overdue, but your company is cutting costs?

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If you know that cost cutting is the current theme, make your pitch about yourself focused on how much value you bring to the company. You wouldn't want to mention this, but it would be more costly to replace you than to give you a raise. But keep that fact in mind when you argue your case, make the point that you do a good job and you've been attentive to the company's need to keep costs in line. If you can show, for example, where you made things more efficient, or something similar, that would be a good approach to take.

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