Monday, August 25, 2014

7 Ways to Make More Money from Your Job

Money

“The law of work seems unfair, but nothing can change it; the more enjoyment you get out of your work, the more money you will make.” -Mark Twain

According to an article, Only rich know wage gains with no worker raise in U.S. inflation, Five years of economic expansion have done almost nothing to boost paychecks for typical American workers while the rich have gotten richer.

What can you, as a wage earner, do?

1.     Ask for a raise: It is the easiest thing to do but you have to do a lot of homework. First, you have to check career websites and find out the salary scale of your position; if you are getting less, you stand a good chance. If it is within the ranch or above you still can ask for a raise but proceed cautiously. Here are important questions to ask yourself: Are you performing and contributing to the company such as making increases in sales, cutting costs, or improving productivity? Are you doing more than what your job description required? Are you in the good book of the boss? The most important issue is to find out whether the company is making money or running at a loss.

2.     Take on more responsibilities: Is there an opportunity to move up the ladder. Getting promoted is one good way to earn more money. Are you prepared to move up? Have you got the essential skills for the job? Have you ever assumed the responsibilities for the post you aim for in one way or another like temporarily acting on your boss’s behalf during his absence?  

3.     Move on to a new environment: With your experience and the skills perhaps you are in a position to get a higher pay package in a new company. Working in a new place in the same industry after a few years is another excellent way to get more pay. 

4.     Invest in yourself and hone your skills: There is nothing better than to obtain additional paper qualifications, learn new skills, and add more value to yourself and the company you work for. Be more productive with your extra expertise. Ask for new assignments. Indirectly you are promoting yourself to be paid more.   

5.     Do more: Employers are always happy to take note of workers who are doing more than expected like helping up in another department or working overtime.

6.    Appearance: Though your image has nothing to do with what you can do at work, it plays a very important part when a boss decides to appoint someone to a higher position. When you dress smartly, display an image of confidence and you are always cheerful and happy you radiate an air of positivity.  It transmits a message to your boss that you can get the job done.  Are you projecting an image of success? Do it right and be the best candidate to get spotted and promoted.    

7.      Networking: Get connected with the right people at work so that you are on top of things and know in advance the latest development in the company. News about staff movement and new openings are important for you to decide and act before it is publicized.   


What else can you do to get more money from your job?

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