How to negotiate a pay raise

Mrs Moneypenny discusses pay with fellow FT columnist and director of the High Pay Centre Stefan Stern and Natalie Jacquemin, a psychologist and partner at Mercer, the HR consultancy. Why are today's CEO's paid so much and how and when should you ask for a raise? Broaching the subject of a pay hike with your boss has clear upsides, but the risks are significant too.

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