Respond diplomatically
It's human nature to feel hurt and upset after being denied a raise. In the moment, try to respond diplomatically by taking a few deep breaths and identifying your emotions.
You may say: "Thank you for sharing that. Not surprisingly, I'm disappointed that the company can't honour my request. However, I'm committed to bringing my best to the organization and hope to continue the conversation about how I can be more valuable."
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Spending a large amount of time with someone literally causes you to pick up their habits. Choose your friends wisely.
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