21 June 2013

The Only Way To Raise Your Salary

The only way you can command a higher salary is to make your employer more money than anyone else who could do your job.

You make money for your employer by producing profitable goods that will be bought by his customers (who are also his employers).

Who’s Your Employer?
To be successful in selling your products or services to your customer, you need to make your customer successful in selling his products or services to his customer.

Value
Your employer’s alternative is to hire the most valuable person, where “value” is the difference between the extra gains he could make by hiring minus compensation. 

So for your employer to hire you and keep you employed, your compensation must be in line with that of anyone else who could do as good a job for him as you can.

Go the extra mile

Anticipate needs. Don't wait to be told what to do. Engage your brain and be proactive

Make improvements

Bring solutions

Go out and make some personal relations

Don't make your boss a mediator

Try giving your boss the benefit of the doubt - Of course, if you ever see a pattern that concerns you, speak up! But start by giving your manager the benefit of the doubt, and you might find that you're happier and the relationship is a better one

Give honest feedback

Ask for feedback and be prepared for it

Tie your work, projects and direction to your boss's goal.

Learn from them

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