Do you feel like you’re under paid? Do you feel like you work too many extra long days and give your professional all to the job? Well, you’re one of millions of people who feel the same way.
Each year millions of people are working too hard, and earning more money is not a factor of luck, it is a factor of being proactive, and powerfully asking for it. I don’t mean powerfully as in forceful, but rather powerfully as in, having a totally empowered case for asking for a pay raise, and approaching the salary negotiation subject with your boss in an empowered manner. If you happen to be government employee then know your latest 7th pay commission calculator here.
Everyone has a reason for asking for more money, and stepping up their salary negotiation game. What are yours?
- Earning the respect of your supervisors.One thing that people report each year on their job satisfaction surveys is that if they feel respected by their supervisors, they tend to feel motivation to continue working there. By successfully engaging in salary negotiations and coming out with a win-win outcome, you will earn more respect, but by presenting your case well and dealing with them using a respectable approach.
- Self respect.Knowing you stood up for yourself, and knowing that you achieved your salary negotiation goal, you will have a higher feeling of self respect. It is very financially rewarding to negotiate a pay raise, but there is a lasting sense of accomplishment when you face a challenge such as salary negotiation, and overcome it. Check our gratuity calculator here http://7thpaycommissionguide.in/gratuity-calculator/
- Extra cash flow to you.Let’s be honest. The main reason for salary negotiation is extra cash to you. It may be based on needs or desires, but these are not compelling reasons for the boss to give you the pay raise you asked for. Remember, for all the things you can do with extra money, you need to build the case.
- Extra benefits to you.When negotiating more salary, often times the final deal is a compromise of some additional pay, and some amendments to benefits. Improved benefits could include medical, dental, or other health perks. The improved benefits could be other tangibles like stock options, paid parking, enhanced pension plans or 401K contribution matching, or even extra time off. Think about these extra benefits when doing salary negotiations.
- You higher salary now, will be the baseline for your future salary negotiations.This is a major factor when considering taking on a new job, or when working your way up the corporate ladder. The higher you start, yes the more you have to prove, but also, the higher the threshold when it comes to things like both next salary, and performance bonuses that are based on your salary grade.
There are many reasons to step up your game in salary negotiation. It is something not to be taken or addressed lightly or without having a solid grounding in salary negotiation strategy or skills.