Have you spent the past few weeks, or maybe even months, building up the courage to ask for a much-deserved raise, only to have your request denied?
You're probably not alone. In a survey of more 7,000 employers conducted by compensation site PayScale, a majority of companies said that they aren't planning to provide a meaningful pay increase to their staff this year. In fact, nearly 70 percent said they plan to provide pay increases of 3 percent or less to some of their employees.
Lydia Frank, vice president of content strategy at PayScale, tells CNBC Make It that her advice for anyone who has been denied a raise is to "not take 'no' as the end of a conversation."
"I think 'no' should be an opening to ask questions."
Frank shares three questions you should ask immediately after being denied a pay increase: