logeminder's journey

I recently took a pay cut to switch to a fully remote role at a nonprofit, thinking the better time off benefits would be worth it. However, I've been feeling the pinch as annual raises have barely hit 2%, if they happen at all. With inflation soaring, I'm effectively earning over $5,000 less than when I started here. I genuinely enjoy my work and the team, and I've found a good balance in my life, but the financial strain is becoming a concern. I discovered that my boss makes 65% more than I do, which has left me feeling undervalued, especially since there are no internal promotions available. I'm contemplating whether to negotiate for a catch-up raise to address inflation or if it's time to start applying elsewhere. Has anyone successfully navigated this situation? I'm eager for advice.