What is stopping your salary from growing ?

in #success6 years ago

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Understand why the money is not getting more, and correct the situation.

Feel free to ask for a promotion


Companies are often profitable to pay you less, so the initiative in this matter should come from you. Perhaps the bosses simply do not know that it is time for you to raise your salary. Do not be afraid to talk about it, but do it right: always make strong arguments.

How to fix it

Schedule a conversation with the authorities, the time is right. Make a plan of conversion, noting in it all the key points, so as not to miss anything.

Be sure to think over the arguments that justify the increase in your salary. This may be over-fulfillment of the plan, empowerment, market situation, and so on. All of them should be objective, no "it seems to me" and "specialists of my level usually cost more."

Reinforce your words with facts and figures. Also, determine how much more you want to receive, and state the specific amount.

Already asked for a raise, without giving weighty arguments


The same case where you didn’t justify a pay rise last time. The bosses to this day think that you simply do not deserve it. Therefore, you need to convince the chief. Be prepared for the fact that it will not be easy.

How to fix it

As in the previous case, make a plan and think over the arguments. This time you have no right to make a mistake - all arguments should be reinforced concrete and work in your favor.

Do not upgrade skills


A specialist who does not develop cannot claim a salary increase. In most industries, the specifics of work change very quickly, you must constantly remain in the subject.

How to fix it

Take advanced training courses, attend a seminar, read special literature and watch educational videos. It is good if you have proof of knowledge, for example, a certificate or a recommendation from a teacher.

Afraid of increasing damage

The fact that you perform your daily duties well is not a reason to pay you more. But if you are not afraid to take on new functions, showing your interest in the results and the willingness to grow, this is another matter.

How to fix it

Close indirect tasks (those in which you are competent, but which are not included in your zone from responsibility), make decisions independently and perform management functions. The latter will allow you to grow from an ordinary specialist to a manager, and your salary has every chance to increase two to three times.

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Be silent about the fact that the volume of work increased

When you got a job, everything that you are doing today was not part of your responsibilities. Do not be afraid to say this to management.

How to fix it

Talk to the boss, tell me what you are doing now more. However, this should not be like a claim. No, you do not mind working anymore, do not demand that new tasks be removed from you. You are interested in developing and bringing great benefits to the company, but you want to receive more. There is a direct relationship here, and we need to talk about it. A normal manager will understand that it is time to raise your salary.

The chief does not know that you began to work more efficiently

Sales are growing, customers are satisfied, the company gets more money. The authorities are satisfied with this, and it does not always want to delve into why this is happening.

Do not be afraid to say that you, too, have affected such a situation. The personal effects of each employee are the key to the success of the company as a whole.

How to fix it

Prepare a report on your work for the last month. So you will visually present the results to the management (fulfillment of the plan, achievement of KPI), and the proposal to raise salaries will be quite logical.

You have reached the salary ceiling for this position in this company

A situation that requires a radical solution. Talk with the boss about the increase in salary is powerless because the salary has its limit. Crossing it is beneficial to you, but not the company. Remember this.

How to fix it

There are two ways here: change jobs or apply for promotion in the same organization. If you chose the first, make a summary, study the market and find the most interesting options. In the second case, talk to your management, determine the situation, and together try to find a new place for you.

Your salary is higher than the market


Want more, in this case, is useless, but to go down from heaven to earth would not hurt. In pursuit of a higher salary, you risk losing the one that you have and that other experts only dream about. At the same time, you have no guarantee that you will be able to recover your income afterward.

How to fix it

Demanding more in this company is stupid. But if for any reason you still need to increase your income, then go to other markets (for example, look for a job in a western company).

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Hi @vjapan
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