Increase Your Value, Increase Your Salary

Although money shouldn't be the most importantin office politics. Rise above the pettiness that can
factor in career decisions, it has a big impact onoccur when a group of coworkers spend more
our lives. How much money we earn will dictatetime with each other than they do with their own
where we live, where we vacation, the lifestylefamilies. Negative attitudes can significantly lower
we enjoy, and how and when we will retire.the production of a group. Participating in trivial
When you work for someone else, you have aactivities can impact your annual raises and limits
limited amount of control over your salary. Youyour opportunities for advancement.
negotiate your starting salary and then you are4. Do something different. The danger of having a
given increases at management's discretion forroutine is that you rarely leave your comfort
annual reviews and promotions. Do you wantzone. Playing it safe doesn't produce the "WOW"
more control over your salary? By understandingeffect. Expand your focus and start taking
and increasing the value you provide to yourcalculated risks to drastically increase your results.
organization, you have the ability to increase theDon't be afraid to speak up in meetings with new
amount of money you can earn.and different ideas that will bring a fresh approach
Here are five ways to start increasing the valueto achieving organizational goals.
you provide to the organization and ultimately, the5. Know your market value. It's important to keep
salary that you earn.abreast of changes in the market. Become
1. Specialize in a new area. Research upcomingfamiliar with tools and websites that provide
trends in your industry or find an area ofupdated salary data, know what the competition
weakness in your organization and establishis paying, and understand your company's
yourself as the expert. It may require additionalcompensation policies. Armed with this information,
education, training or certifications, but if you areyou will be better equipped to negotiate annual
the go-to person for all related matters, youand promotional salary adjustments.
become an indispensable asset.Salary is a complicated subject. Getting paid more
2. Make a direct impact on the bottom line. Themoney isn't something that can be accomplished
sole purpose of every company is to generate aovernight. Most organizations have a budget for
profit. Suggest a new way to service yoursalary increases that is divided among eligible
existing customer base to create a new incomeemployees. Put yourself in management's shoes
stream. If you do not work directly in a revenuefor a minute. Is the value you provide to the
producing area of business, implement newcompany worth more or less than your
practices that will save the company money.colleagues? Once you take the emotional piece
Calculate the impact you have on the bottom lineout of the salary equation, you can objectively
and your value will be evident.create a plan to start getting paid what you are
3. Be professional at all times. Although it soundstruly worth.
like a no-brainer, it can be easy to get caught up© 2006 Jill Frank. All Rights Reserved.