Your Value to Your Company
Everyone is thinking that they should get the best salary out of their performance, but actually they do not realize other factors that should be considered before determining their actual salary. Most of us will say that the salary normally depends on the experience one have, their communication skills and their communication level.
Do you know that the salary is actually depends on how worth you are to your employer? Most of the questions that we should ask are for example:
- How can you accurately determine the true value of what you have to offer to your employer?
- How does your organization pay its employees?
- Can you leverage the organization’s salary logic to your advantage?
- What other leverage do you have as a key contributor within your organization?
There are few things that you should know though:
- Aren’t salary structures a closely held secret?
- If the company has a formal salary structure, doesn’t that limit my ability to negotiate a higher salary?
- Will the organization always offer me a salary within the range that is assigned to my job?
Here are some tips of what you should do:
- Gather your strength (assets) that you think your company relies on.
- Look around for the ‘star’ employee and observe their strength.
- Understand the organization’s salary structure.
- Look for a better supervisor as your prospects are limited by the prospects of your boss.
- Look for outside information & do not just depend on your organizations salary scale.
- Prepare your own Job Description – be realistic.
In contrast, try to avoid this:
- You are assuming that you are powerless.
- You are taking things too personally.
- You are overlooking non-financial compensation.
Your salary is normally depends in yourself and the organization you are currently work in. But do you really know that your salary is directly depends on below situation:
- Whether you are well liked and trusted as a team player who is both productive and cooperative.
- Whether you are an acknowledged performer among all the others who hold, or who have held, your job.
- Whether you are hard to replace because you possess unique skills, talents, contacts, or reputation in your industry.
- Whether you are successful whereby your track record is superior to those of your peers and colleagues.
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. 13 Nov 08 | Employee