How Your Pay Grows: Raises, Promotions, and Changing Jobs

Podcast: Money Lessons with Andrew Temte, PhD, CFA · Andrew Temte

Opublikowano: 2026-10-31

In this episode of Money Lessons, Andy takes up the three ways your pay grows — a raise, a promotion, and a new job — and the one lesson that runs through all three: starting pay is the base every raise after it is applied to. He clears up the difference between a merit increase and a cost-of-living adjustment, explains why a promotion usually pays more than a raise, and puts numbers on changing jobs with the Atlanta Fed's Wage Growth Tracker, including the stretch in 2025 when people who stayed put saw more wage growth than people who moved. ...