I know some small companies genuinely care about their employees, but any time a company says "we're family," you need to remember that it's actually just a business at the end of the day and that they are going to make decisions based on their bottom line, not your life circumstances (in most cases). You also can't feel guilty when you need to leave your "family" due to your personal career goals, so long as you're giving them enough notice. Using the "family" narrative can really impact people negatively.
Stop referring to them as "your boss". Its the willingness to call them that that keeps you enslaved by that person. That person is your customer. They are buying a product from you. Don't forget that.
I’ve learned that many employers value quality people and usually don’t want them to leave. If you’re happy at your job but feel you deserve more money, then have a conversation with your boss and see if they’re willing to increase your pay. Remember, if you don’t ask the answer is always no.
Statistics say this is what most people do. However, in my experience, doing the opposite of the majority can give you an advantage. My employer just gave me a sizable raise after I asked for it because I've been there for over 7 years. It's also the reason I've gotten into my position without a degree. I can prove that I'm a valuable asset that they can invest in for the long term. Edit: this recent raise is after my pay had already increased $36k annually since I started 7 years ago.
I always found it as simple as knowing what you need and want financially, knowing your value to the company and being straight up, “I know what I want and if I’m providing you value, this is what I need, if not I need to move on” only thing you need to have on your end is being a valuable worker. Doesn’t work if you’re lazy!
I’m a machinist, I went from making 12 to 21 dollars an hour at a company I worked for, and 23 to 31 at another company I worked for, in a very short amount of time. 2-3 years at both companies. I managed to accomplish this by doing exactly what Dave is saying, and this is the first time I heard him say this. I never asked my employer for more money, I just did more work. I out worked everyone else, to the point that I made myself too valuable to lose. If you are worth it, you really don’t need to ask for more money, put in the work and you will get paid. I use to always write on my resume, if you aren’t making money, then I am not making money, so let’s make money together.
You dont ask your boss for a raise. You come in with an offer letter from a different company and say "I am being paid below market value, you can match this offer and I'll stay, if not, I'll be moving on"
Man, I’ve been thinking about talking to my boss about just this but then I wonder if I’m just gonna end up screwing myself and giving them ammo to give me more responsibility and end up in the same situation…
You probably fall into the category of person that may want to get another job offer for a company. Then you can ask them for maybe two days just to think it over as it’s a big change then go to your boss and lay it out. See how they feel and if it’s not to your liking then you can call the new place and close on the job. Ya i definitely know what you mean some places may dangle the carrot and just never deliver. Typically you may even hear or see it from a couple of people who have been with the same company for a while. So you kinda already know what the outcome may be but then you can safely go find out for yourself.
@@eduffy4937experienced this when most of my co workers didn’t have to work through Covid and got paid and I was rewarded with more hours for being one of the top employees. That could be a reward in some scenarios but not when your a part time employee in college and have no plans to advance further with that company. Tried my best to keep the mindset that I should be grateful but man it was hard. One of the positives though is I was able to add that into my resume.
Maybe this works in a privately owned SMB but if you are an American working in the corporate world the response is: "well you signed a non-compete so you can't accept any of those offers and based on this conversation I'm going to have to notate that you are a flight risk since you are clearly looking for other opportunities which will impact how you are perceived within the company." HR will conveniently and coincidentally send out reminders of the non-compete policy and have everyone in the department re-sign them within 48 hrs.
What are the odds that you just work for a company that doesn't value you and have never worked at a company that does? "Quit and bet on yourself" sounds like another way of saying " just be homeless"
This might work for a smaller business or family business but not for the big corporations. I work for a company that has branches all over the country that made almost 25 Billions dollars last year and all we got was a 3 percent raise. The way this company runs they pay everyone within a couple dollars of each other no matter how long you've been there. They're afraid of hurting feelings by paying someone who actually works more then someone who doesn't. It's kind of like the participation trophy, everyone gets one even know you don't deserve it. So everyone basically got the same raise. The year before they gave everyone the exact same raise which if I remember correctly wasn't even quite 3 percent. The reason I know this wouldn't work at my place of employment is there is no one at my branch that I could go to about a raise much less actually approving it. Most big companies they treat you like a number and in the case of mine they don't care about loyalty, tenure and hard work. I like what I do but as far as being recognized and compensated properly they don't do that for the people that should get recognized.
Iv been a big fan of Daves for decades before everone knew who he was but some days listening to him talk my ears start fighting and my brain is caught in the middle diiieeeiiinnG😅
Theo, please get Joshua fluke on the show. He destroys this boomer with logic on how companies operate nowadays. Ramsay has no idea how it works in today’s society.
The worst person to ask for advice. Simply apply for a job with better pay, and if you get an offer then inform your employer. If your employer doesn’t match their pay, then take the other offer.
First off, love you Theo. Secondly… I’ve seen a few clips of him on this podcast and he really, really doesn’t answer any questions in depth. Typical financial type with no real advice to give to general population. It’s a “should’ve started this at a younger age” type of advice. It’s not helpful.
He didn't go into depth on this episode on purpose. Watch literally years of episodes of his radio show and you'll see. "...no real advice to give to general population" uhh...yeah ok.
@@MD-pz3cn if you don’t want to reply, you don’t have to. I wasn’t expecting one of his soldiers to come defend him in the comments. I thought this was a safe space for the collective of us who, apparently, are either incredibly stupid and unable to grasp how these answers are supposed to help, or (more likely) are infuriated that he came into a room with a personality we all enjoy and regurgitates boomer advice to generations whose circumstances were nowhere near similar nor ideal to his. Please, enlighten me.
@@AmazingBlaze0 Because he's a millionaire Boomer that got rich from the stock market, and he thinks his same life can be applied to everyone. Ignoring how much worse the economy is.
I know some small companies genuinely care about their employees, but any time a company says "we're family," you need to remember that it's actually just a business at the end of the day and that they are going to make decisions based on their bottom line, not your life circumstances (in most cases). You also can't feel guilty when you need to leave your "family" due to your personal career goals, so long as you're giving them enough notice. Using the "family" narrative can really impact people negatively.
Well, you're not part of that family.
@@RealMTBAddict 💯
the "family" narrative in a company is just straight up manipulation and it always has been
the "family" narrative is just manipulation and it always has been
I heard that many, many times at a university, trust me, THEY HATE their family, every position has a fire involved.
That solo shirt button is holding on for dear life
Elite Boomer Dave doesn't like your comment 😂
That button deserves a raise.
I'll just watch this while my boss is an earshot away, and hope it works out
Unless your job is making TH-cam comments, lets hope he doesn't hear it.
Hwy boss, I am watching youtube while working, can I get a raise?
Stop referring to them as "your boss". Its the willingness to call them that that keeps you enslaved by that person. That person is your customer. They are buying a product from you. Don't forget that.
Applying for jobs while at work
Just leave every 2-3 years, quickest way to increase salary. Don’t become complacent.
I’ve learned that many employers value quality people and usually don’t want them to leave. If you’re happy at your job but feel you deserve more money, then have a conversation with your boss and see if they’re willing to increase your pay. Remember, if you don’t ask the answer is always no.
this
@@timetowakeup6302I have found the opposite. You are always replaceable to them.
Statistics say this is what most people do. However, in my experience, doing the opposite of the majority can give you an advantage. My employer just gave me a sizable raise after I asked for it because I've been there for over 7 years. It's also the reason I've gotten into my position without a degree.
I can prove that I'm a valuable asset that they can invest in for the long term.
Edit: this recent raise is after my pay had already increased $36k annually since I started 7 years ago.
Results may vary
I always found it as simple as knowing what you need and want financially, knowing your value to the company and being straight up, “I know what I want and if I’m providing you value, this is what I need, if not I need to move on” only thing you need to have on your end is being a valuable worker. Doesn’t work if you’re lazy!
I just tell my coworkers I’m looking at indeed and my boss hears about it… gotten 2 raises in 6 months lol snitches
I’m a machinist, I went from making 12 to 21 dollars an hour at a company I worked for, and 23 to 31 at another company I worked for, in a very short amount of time. 2-3 years at both companies.
I managed to accomplish this by doing exactly what Dave is saying, and this is the first time I heard him say this.
I never asked my employer for more money, I just did more work. I out worked everyone else, to the point that I made myself too valuable to lose.
If you are worth it, you really don’t need to ask for more money, put in the work and you will get paid.
I use to always write on my resume, if you aren’t making money, then I am not making money, so let’s make money together.
thats a pie in the sky answer to the question if ive ever heard one
Have fun with your complacency then.
@@MD-pz3cnnpc
@@MD-pz3cnJesus take a break sucking this dude off in the comments for like 2 seconds.
He could have just be honest and said “In today’s economy, no ones receiving raises”
This is absolutely an episode I want to see.
This how I’ve done it multiple times. Small businesses way to go.
You dont ask your boss for a raise. You come in with an offer letter from a different company and say "I am being paid below market value, you can match this offer and I'll stay, if not, I'll be moving on"
Man, I’ve been thinking about talking to my boss about just this but then I wonder if I’m just gonna end up screwing myself and giving them ammo to give me more responsibility and end up in the same situation…
You probably fall into the category of person that may want to get another job offer for a company. Then you can ask them for maybe two days just to think it over as it’s a big change then go to your boss and lay it out. See how they feel and if it’s not to your liking then you can call the new place and close on the job.
Ya i definitely know what you mean some places may dangle the carrot and just never deliver. Typically you may even hear or see it from a couple of people who have been with the same company for a while. So you kinda already know what the outcome may be but then you can safely go find out for yourself.
We call that performance punishment.
@@eduffy4937experienced this when most of my co workers didn’t have to work through Covid and got paid and I was rewarded with more hours for being one of the top employees. That could be a reward in some scenarios but not when your a part time employee in college and have no plans to advance further with that company. Tried my best to keep the mindset that I should be grateful but man it was hard. One of the positives though is I was able to add that into my resume.
Maybe this works in a privately owned SMB but if you are an American working in the corporate world the response is: "well you signed a non-compete so you can't accept any of those offers and based on this conversation I'm going to have to notate that you are a flight risk since you are clearly looking for other opportunities which will impact how you are perceived within the company." HR will conveniently and coincidentally send out reminders of the non-compete policy and have everyone in the department re-sign them within 48 hrs.
What you just laid out is definitely not true. Use your brain.
@@MD-pz3cn lol is 100% true. Had it happen to me twice. Watched it happen to about a dozen of my coworkers over the last 2 years
@@MD-pz3cn happened to me twice and to about a dozen of my coworkers over the last 2-3 years. Don't be so naive.
@@MD-pz3cn Interesting my comment keeps getting deleted. I've had this happen to me twice and about a dozen of my coworkers over the last 2-3 years
Quit and bet on yourself. These companies don’t care about us.
What are the odds that you just work for a company that doesn't value you and have never worked at a company that does? "Quit and bet on yourself" sounds like another way of saying " just be homeless"
@@SmickyDwhat are the odds you know nothing about me and my life?
That’s a very broad diagnosis lol
@@marc_palasciano what are the odds you know the work culture of every employer in the country?
@@SmickyD do you want a trophy or something for begging to be someone else’s slave?
Theo's openers take notes
This might work for a smaller business or family business but not for the big corporations. I work for a company that has branches all over the country that made almost 25 Billions dollars last year and all we got was a 3 percent raise. The way this company runs they pay everyone within a couple dollars of each other no matter how long you've been there. They're afraid of hurting feelings by paying someone who actually works more then someone who doesn't. It's kind of like the participation trophy, everyone gets one even know you don't deserve it. So everyone basically got the same raise. The year before they gave everyone the exact same raise which if I remember correctly wasn't even quite 3 percent. The reason I know this wouldn't work at my place of employment is there is no one at my branch that I could go to about a raise much less actually approving it. Most big companies they treat you like a number and in the case of mine they don't care about loyalty, tenure and hard work. I like what I do but as far as being recognized and compensated properly they don't do that for the people that should get recognized.
Theo's openers need a raise, $100, really?
100 bucks for 15-20 mins isn’t bad at all. Especially local open mics who work a day job
@@kyledodson2992 $100 to the opener, $199,900 to Theo
Good advice....from being a business owner myself. Adding value will always work in the employees favor
Hmm I can’t tell if this is solid advice, or satire lol
Great clip
Iv been a big fan of Daves for decades before everone knew who he was but some days listening to him talk my ears start fighting and my brain is caught in the middle diiieeeiiinnG😅
Theo, please get Joshua fluke on the show. He destroys this boomer with logic on how companies operate nowadays. Ramsay has no idea how it works in today’s society.
Americans do not use logic. They fear it.
I do find it funny he talks about a woman who saved them over $100k, but I bet she still had to ask for that raise. Rather than them just giving it.
But she's "family"
Barry McCarthy is gone! GANG GANG
This man said he was still a Christian after evicting single mothers during the winter after hiking up the rent and blaming it on inflation.
This is a small business and my mistress is costing me more than I pay you I'm gone
The worst person to ask for advice. Simply apply for a job with better pay, and if you get an offer then inform your employer. If your employer doesn’t match their pay, then take the other offer.
I love my work environment this is bad advice.
@@ItsHooDie you’re a bootlicker. If your employer can’t pay you more, then get a better paying job
wu tang
Start your own business. That's the only way to get ahead nowadays.
So easily proven false
As if Dave Ramsey knows anything about working a 9-5. Smh
I’m sure he knows about giving raises
Speak for yourself. Working a 9-5 can mean someone who is working retail or food at 14-17$ an hr, or someone making 80K-200k.
@@kyledodson2992 I am quite literally speaking for myself. Did i tag you or anyone else? no.
You’re right, he probably works more of a 5am-9pm.
No, he's been working 5 am to 9 pm for 30 years
First off, love you Theo. Secondly…
I’ve seen a few clips of him on this podcast and he really, really doesn’t answer any questions in depth. Typical financial type with no real advice to give to general population. It’s a “should’ve started this at a younger age” type of advice. It’s not helpful.
He didn't go into depth on this episode on purpose. Watch literally years of episodes of his radio show and you'll see.
"...no real advice to give to general population" uhh...yeah ok.
@@MD-pz3cn what have you learned from Mr. Dave Ramsey?
@@MD-pz3cn “didn’t go into depth on purpose” is a weird way to defend an expert in a sit-down/long-form interview setting
@@MD-pz3cn do you consider “buy a house” to be good advice? I’m sorry, I can’t help myself, you don’t seem to be any more insightful than he is
@@MD-pz3cn if you don’t want to reply, you don’t have to. I wasn’t expecting one of his soldiers to come defend him in the comments. I thought this was a safe space for the collective of us who, apparently, are either incredibly stupid and unable to grasp how these answers are supposed to help, or (more likely) are infuriated that he came into a room with a personality we all enjoy and regurgitates boomer advice to generations whose circumstances were nowhere near similar nor ideal to his.
Please, enlighten me.
It's called unionization and collective bargaining.
The worst guy to ask for advice.
How come?
@@AmazingBlaze0 Because he's a millionaire Boomer that got rich from the stock market, and he thinks his same life can be applied to everyone. Ignoring how much worse the economy is.
Nah you're just a hater. Grow up.
@@RealMTBAddict He got rich rom real estate and radio ads.