SoFi Announces Raise Week Campaign to Help Customers Get Paid For What They’re Worth

On Tuesday, SoFi announced its weeklong Raise Week campaign, which is described as a week of online education, in-person events, and personal career coaching to help its customers get what they’re truly worth in the workforce. While sharing details about the campaign, which will kick off on May 15th, the online lender explained:

U.S. companies are planning to boost pay in 2017 by around 3% on average (the same as in 2015 and 2016), but economists expect inflation of 2.3%, reflecting a downward trend in real wage growth; According to a recent SoFi survey, 50% of young, college-educated professionals did not negotiate salary for their current or new jobs; and, 54% of that same survey group said they don’t know their market value. Starting May 15, SoFi’s Career team will make available a specially crafted online series on how to understand, communicate, and claim your workplace value, including inspirational stories from key career influencers who rose to the top in their respective fields.”

As part of Raise Week, SoFi will host a series of hands-on events around the country in eight cities to provide education and coaching on how to ask for a raise, how to ask for non-monetary benefits, how to know when it’s time to change jobs or industries, how managers can best handle advancement conversations, and more. The events are in:

  • May 15: Atlanta; New York City
  • May 16: San Francisco; Washington, DC
  • May 17: Chicago; Seattle
  • May 18: Houston; Los Angeles

Mike Cagney, co-founder, chairman, and CEO of SoFi, added:

“As a personal finance company, one of the best things we can do to help people manage money is to help them earn more of it, People have a hard time navigating their compensation, which is why we have a Career Advisory team dedicated to our members and are presenting Raise Week to the public.”

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