re: Opinion on asking for a raise

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C. Wait until I receive another offer before I try for a counter-offer from my current employer

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This is what I wish I would've done with my current boss. I informed him before that I was applying for other positions and it's been an unmitigated shitshow since. Especially when he told a coworker of a mine that holds shite against anybody who tries to "leave her behind".

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A. Talk to my boss prior to the interviews and let him know that I love the job, but just have to have more money. I mean got a family of 4 and making what a lot of fresh college grads make right out of school.

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With my former boss (we worked together for almost 8 years), I could've done this because he was a no nonsense kind of guy who was all about people bettering themselves even if it meant losing them as an employee.

It really depends on your relationship with your boss. If you have the slightest suspicion that it could backfire if you told him ahead of time, I wouldn't do it until I had some concrete offers.