Key Tips to Earning the Maximum Salary in Your Role

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Think you deserve a better paycheck? Well, you are not alone.

In a 2017 salary satisfaction survey conducted by PayScale, over 85% of the respondents, including those who are overpaid said they are not satisfied with their pay. From this study, we can deduce that a satisfied employee is rare to find.

So whether you’re a professional athlete, a corporate boss, or a coworker, at some point, you’ll have to negotiate for a pay raise.

But how will you do it?

Are you going to wait for your boss to determine your worth? Or maybe hope for promotion and accept whatever you get.

Successful people know that luck favors fools. They don’t wait around for opportunities; they create them. That’s why in this article, we’ll teach you some golden tips that will put you in a position to earn more in your role.

1. Advance Your Education

In many industries, the papers talk more than anything else.

As such, if you yearn to command a higher earning in your role, you’ll need to have strong academic credentials to prove your worth.

Having advanced certifications can give you the ground to anchor your salary raise requests. For example, if you’re a certified bookkeeper, you should aim at becoming a CPA. Once you meet the minimum CPA exam qualifications in your state, getting a license shouldn’t be hard.

Even after you get a CPA designation, you should still look forward to advancing your education. For example, you can pursue an advanced degree such as a Master of Accountancy.

The good thing about advancing in education is that the more you advance, the higher the chances of getting a high-end accounting position, such as the Accounting Manager or Financial Analyst. All of these positions command very high pay.

2. Make Yourself Indispensable

You do not need to overwork yourself to steal the spotlight.

Far from it. All you need to do is build a character that will become an inspiration to all and a respected figure in your organization.

Be honest, resourceful, adaptable, and positive. Being adaptive and resourceful can go a long way in helping the management realize your indispensable role in the organization. For example, when a coworker in a different department is absent, you should be able to chip in and help the business to run as usual.

3. Build Relationships in and Out of Your Department

If you want to move up the ranks or make more money, you’ll need supporters. And that can only come from your colleagues.

Treat everyone with respect—from the CEO to your assistants and cleaners.

Also, don’t confine yourself to the office. When you need accounting or inventory reports from a different department, walk there and ask them (if possible). It’s easier to build relationships by being available in person.

When you build relationships and have an unquestionable character, you’ll not only get support for the roles you seek but your colleagues will also recommend you for any ‘related’ opportunities that may arise in the future.

To Sum Up

If you want to earn the maximum salary in your role, you have to be prepared to prove that your skills and achievements justify the pay raise. The above tips should give you a heads up into what’s needed to propel you to the next level of your career.

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