Apparently, if you are willing (able?) to leave your job, it is the best position to be in to ask for more money.
This paper studies the ex-ante effect of worker separations on wage negotiations using matched worker–firm data from The Netherlands.
We find that wage negotiations aim to prevent separations; workers with a high propensity to quit are offered higher wages, while workers with a high layoff probability give up some of their wage.
Source; “Layoffs, quits and wage negotiations” from Economics Letters, Volume 109, Issue 2, November 2010, Pages 108-111
Possible reasons why if you are able to walk away, you can get more money:
- Your industry’s job market is solid and there are plenty of jobs
- You have confident in your skills/talent/knowledge
- You are not scared of being on your own for a while and unemployed
- You feel like you are good enough to able to transition to any other job of your choosing
- You have a good FU fund*
*Also known as an Emergency fund, for those of you with more polite vocabulary