How To Be Paid What You Are Worth

How To Be Paid What You Are Worth

Want To Earn More? Check Out These Tips

Feel that you should be earning more money for what you do?? You are not alone, statistics show that over 75% of us feel that we are worth more than we actually get.

While the economic climate and other factors can dictate to a certain level the amount of salary we receive, there are a few ways that can help you increase your pay.

Research

The key to knowing what you should be getting is to research salaries for your industry, job title and if any – your qualifications.

As an example in the US a website called salaries.com has a salary wizard that allows you to enter your job category, and your location, it provides a report showing wages, bonuses and benefits. Another site (move.com) has a salary calculator tool that shows the amount of pay etc that you could expect for doing the same job in a different location.

Your employer is paying you for both your qualifications and experience alongside the actual job that you do. Before going into the bosses office to ask for a raise, have up to date knowledge on the current rates of pay for people with your experience and qualifications.

“Remember, they will not pay you more just because they like you”

Get Yourself Noticed

If you are happy where you work, then try and make yourself as indispensable as possible. Learn as much as you can about the company, and how to do the various jobs within it. Step in and help others with their work, be as creative and as useful as you can – believe it, you will get noticed.

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Be Flexible

Keep in mind that you do need to be flexible, armed with the facts above, be prepared to negotiate. Your boss might be tied themselves by the companies budget or salary structure so the best you might get in that case is the top level for your particular position.

Be prepared to look at the wider picture, after all, a salary package is not just about the money believe it or not.  If the company tell you that the cannot pay you any more, ask about the possibility of more regular salary reviews, increased holiday allowances – more perks ( gym membership, health care etc),and even performance based bonuses.

Keep Cool

During any negotiations don’t let on that you really need the extra money, you will look desperate. If you have any other job offers on the table, then be 100% honest about them, it’s not uncommon for lies to come back and haunt you at some point in the future.

If you get an offer, ask for time to think it over, it might even trigger an increased offer. Remember play it cool.

One thing, know in advance what your personal bottom line is for what you feel you want/need for the job you are doing. If the offer is too low, be prepared to walk away and look elsewhere.

 

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