Seven Ways To Raise Your Pay Rate.
Last Revised on July 8, 2007Love Your Health Money Family & Relationship
These seven things that I am going to list are adapted from the the article Eight Things That Can Boost Your Pay by salary.com. It says, “The value of the “face” – the person doing the job – is the value of the “space” adjusted for characteristics known to have an influence on an individual’s pay. Salary.com calls these “personal variables,” adjusting for eight personal variables in the Personal Salary Report.”
1. Gain Experience. Of times, higher pay is a result of higher level of experience. Some jobs may let you down for a lack of experience. While the same job may promote you and pay higher salary or wages if your years work of experience is no match in the job marketplace.
2. Quality of Education. Don’t the employers just love to hire the graduate students top colleges and universities like Harvard, Oxford and MIT? It will surely influence pay rate. But earning a degree from a school that’s considered weak in a particular field can also negatively affect the pay rate for a new job.
3. Performance reviews. But the above two won’t be valuable, if we lack performance. A good performance will surely boost our increasing potential, while an individual bad performance will result in opposite, if not worse like getting fired.
4. Boss. Our pay increase and promotion is in the hands of our bosses. Lets give them good impressions on a daily basis, and show them we are reliable.
5. Professional associations and certifications. When getting hired by an employer, certifications and memberships in pertaining professional organizations or associations tend to have a positive effect on pay. On the other hand, if a job calls for a certification we don’t have, we might be set at the lower end of the pay range.
6. Shift Differentials. Working during non normal work hours like evening or night typically pays more because it involves higher social and physical cost for it takes away normal non working hours.
7. Hazardous working conditions. Some jobs requires us to work under risky situations like handling chemicals or mining coal deep into the earth. These jobs pay more compared to other jobs.
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July 13th, 2007 at 12:32 am
Good posting!I must however point out that more than anything else the favour of God upon our lives does help us greatly!