By now we’re sure you’ve heard it all: inflation is going through the roof and everything is getting more expensive, but your wages haven’t grown to match it. In fact, in real terms, they’ve gone backwards.

On this week’s episode of It All Adds Up, The Sydney Morning Herald and The Age's senior economics writer Jessica Irvine and money editor Dominic Powell discuss how to ask your boss for a pay rise, how to negotiate it, and what to do if they refuse.

It All Adds Up is the podcast where we make money easy to understand so that listeners can begin building their financial wealth. You can submit questions via email or voice memo to italladdsup@nine.com.au for Jess and Dom to answer each week.