3 Reasons Why You Will Never Earn More Money In Your Career

If you haven’t been going the extra mile at work, you can
be sure you’ll never receive an increase in your salary.
Here are a few signs that indicate you’re probably going
nowhere slowly.
You don’t know what the market value for your position
is
The best time to negotiate a better salary is during salary
negotiations, when you’re in the process of deciding
whether or not you’d like to accept the job offer.
However, if you didn’t research what other people in the
same job are earning, you’ve missed the boat.
There are various salary tools that you can use to
determine your worth in your current job. You can then
use the figure generated, along with proof of your work
and achievements to identify what you could use as a
basis for negotiating a better salary.
You don’t know what you’re worth to the team
You have to know what value you bring to your team and
your department in terms of the questions below to
determine whether or not your boss would be more or
less inclined to give you a raise.
• How important are you to the team? Do you play a key
role?
• If you were to resign, and left tomorrow, do you have
important projects that would fall apart?
• When referring to your skill set and knowledge, is it
difficult to learn or replace?
• What would someone else in your field charge for their
services? Would they be very costly? Would they require
lots of training or is your job easy to learn?
You can’t prove or justify an increase
The first thing you have to think about when negotiating
an increase is what the company will gain by giving you
an increase. Is there value in your company paying you
more money? Do you have a list of your achievements
while working in the company? Or do you simply moan
about the fact that you want an increase? You need to
give your manager proof of why you deserve a raise –
use work-related proof, no personal reasons – and
remember to be persuasive. If you can’t persuade
yourself, how will you sell your value to your employer?
You haven’t ever asked for an increase
You’ve never asked for an increase because you feel too
intimidated. If this is the case, you can be sure that your
manager won’t ask you if you want a raise
If you have asked, but it didn’t go so well, you could sit
down with your manager and politely ask what you could
do to work towards a raise. Take notes and make sure
you list measurable targets and then report on your
progress regularly. Ask your manager if they could help
you achieve your goals to ensure you’re on the right
track. If you do all the things that were asked of you, by
the allocated time period, it will be very difficult for your
manager not to grant you an increase.