5 Steps to Getting a Bigger Paycheck

5 Steps to Getting a Bigger Paycheck 5 Steps to Getting a Bigger Paycheck Do any of these sound like something you’ve said lately? I’m due for a raise. I’m a top performer and should be paid more. I’m working longer hours than others, so I should be paid more. I’ve been at this pay level for X months/years so it’s time. I believe I’m being paid less than my counterparts. I would be paid more if I worked for another company. While your goal may be to get a better paycheck, there are a few things you should consider before knocking on your boss’ door. There are really two forces that drive pay increases: 1) Market price or what you are worth in the market, and (2) Internal value or what you are worth to your company. Let’s parse the way those forces can play out. Market price scenario: For example, if the demand for dental technicians in your city is hot, then your company may feel the pressure to pay 5% more to retain their talent. Market price scenario: The market price for a software engineer with 5 years’ experience should be higher than one with 2 or 3 years’ experience. Internal value scenario: In this example, you may have taken on more responsibilities or increased your job “scope.” You may be managing more people, more dollars, processing more transactions, serving a wider geography. Any of these could be topics for the pay increase conversation with your manager. Internal value scenario: For example, you are a project manager who brings in a particularly difficult project on time, under budget, and earn the company substantially larger profits. This may be a case for targeting higher pay. Many companies share their compensation strategies and policies in internal human resources educational materials so be sure to learn all you can before walking in your boss’s office asking for a raise! Ask your human resources manager where you can learn more. You’re already being paid for your great performance. Just because you’re working harder, better, faster doesn’t mean automatic pay increases in most companies. Although the media reports and high-level analysis show that there is an overall pay disparity between women and men, do not immediately assume that you are being paid less than your male counterparts. There are many factors behind the pay of each individual and comparing yourself to others around you is a failing proposition. Take these steps to prepare yourself to ask for â€" and justify â€" your next compensation increase. Know your market value. There are two public websites that have great data. Glassdoor.com and PayScale.com. Search for your type of job in your city and within your industry or company. Collect, organize, then summarize what you collect and save the links to the information. Some publicly-posted job descriptions provide pay information, as well, so check out Indeed.com or Monstor.com to find similar positions. Know your company’s target range of pay versus market rate. A worker’s pay can vary quite a lot and still be “at the market price.” Companies often target the median or 50th percentile market pay. Other companies target 80-90% and some are as low as 25% of market. What market percentile a company should target is their business decision and not one you should try to debate; just be aware that there are wide variations. Collect the data if you can; you’ll be better prepared. Determine your “bigger paycheck” strategy: Are you asking for a promotion increase tied to taking on more responsibility that is quantifiable? Are you asking for a cost-of-living-adjustment (COLA) since inflation and/or the Consumer Price Index (CPI) has increased substantially in your city? Are you asking for a pay increase in your current role based on market data that you have collected? Have you gone above-and-beyond and can quantify how you earned your company better results (e.g. cost-savings, more revenue, greater customer satisfaction, etc.)? Prepare for the conversation with your manager Be accountable for owning the discussion, from beginning to end. Don’t “wing it” or assume your manager will take your request and run with it. Prepare your outline and even write out a script, if necessary. There is nothing wrong with going into the meeting with your research and an outline of what you want to say. Apply the “Law of 3s” â€" limit your main points to 3 items. Keep repeating them, if necessary, to really drive your main points home. Ask for a dedicated 30-minute meeting with your manager to talk about your career. Be positive, show commitment to the company, your role, your manager. Do not say anything negative, don’t play the victim, or point to others around you who have been promoted or gotten increases. Be confident. Don’t apologize for taking their time or bothering them since, “They are very busy.” This is your time. Sit up, smile, and dive in to your agenda. Don’t start the meeting on business stuff, task reviews, or an update on something else. You will lose precious time. Bring in a summary of the research you did. Don’t overwhelm them with too much paperwork. LISTEN! Ask open-ended questions such as, “Do you have any questions about what I shared?” “Do you have any feedback for me about this proposal?” “Do you need any additional information?” Close with next steps (do not expect a commitment today!): “I realize you need time to think about this and review with others. May I set up a follow up meeting in 2 weeks on this?” Even if they do say an increase is not possible at this time, ask if you can follow up in 2 months to continue the conversation. The bottom line is that you have C-H-O-I-C-E-S. This is my favorite word as a career coach. Only you can decide what path you take your career and if it’s a fair “deal” to remain in your current role. Some basic options are: Stay in this position at this pay level. Ask for a pay increase. Apply for higher-paying roles within your company. Seek another job outside your company; just don’t quit before you land one! Join Dana Manciagli’s Job Search Master Class ® right now and immediately access the most comprehensive job search system currently available!

Are You a Double Major on Resume Or a Double Major on the Job?

Are You a Double Major on Resume Or a Double Major on the Job?What is the difference between a double major program? In this article, I will share with you the differences between a double major on resume and a double major on the job.If you've completed a double major program, this is what it means: you have two majors, two fields of study, two areas of specialization, or two types of degrees (e.g., doctorate, master's, or bachelor's). This may be an advantage for some people, because if your main job is a veterinarian and you decide to go to school to become a veterinarian, you can already get a double major program in veterinary science. However, even with this, it doesn't always come with a GPA or a grade point average, because it is a double major.On the other hand, when you apply for a job that requires a double major program, you need to be able to show the hiring manager that you are already a strong professional. Remember, there is no need to wait until you get to college to become a double major. If you've already completed a double major, you can still show these people that you have already made the transition into a double major.One thing to remember when it comes to double major programs is that you can get credits towards them. This means that if you've already completed the program, your credits will still count towards earning a double major. The problem that arises is the credit requirements.When you are applying for a job that requires a double major program, you will usually have to wait about three months before you will be able to use your credits toward another major program. Even with the credit waiting period, the first year can be time consuming, as you make all of the necessary changes that the major requires. Keep in mind that getting a double major takes more work, because you have to work on it over a long period of time, and some of the work that goes into getting a double major is wasted if it doesn't count toward another major.I f you want to go for a double major program, you can use the credits from a single major program to help pay for the cost of the double major. This means that you will be able to transfer some of your credits, and then you can use those credits toward your double major.With these reasons in mind, there are many benefits to going for a double major program. Your grades will improve and you'll be able to spend less time trying to learn the differences between the two fields.It's important to know the difference between a double major on resume and a double major on the job. If you are ready to complete a double major program, now is the time to begin the process. Good luck!

5 Things to Avoid When Video Conferencing From Home

5 Things to Avoid When Video Conferencing From Home 5 Things to Avoid When Video Conferencing From Home Online video conferencing applications, for example, Zoom, WebEx, Skype, and GoToMeeting are incredible instruments that empower the individuals who work at home to for all intents and purposes meet with teammates and partners. It takes into consideration dynamic continuously and building an individual compatibility with collaborators simultaneously. And this expert cooperation makes it simpler for those of us looking for work-life equalization to discover it.Yes, these online devices are extraordinary until they are not.While gatherings with these devices can be viable, proficient ways for individuals to meet up, there are a couple of wake up calls. Take, for instance, the lady who was manicuring her nails during a gathering while unbeknownst to her she was being anticipated on a divider size screen at the organization's different areas around the globe. And afterward there was the person who was telecommuting and obvious in a gathering just from the chest up. He was wearing a decen t, Oxford shirt. Comicalness guaranteed, be that as it may, when he got up from his seat to recover a book. He was just wearing fighters underneath the Oxford.Despite these disasters, virtual gatherings are taking off in the corporate world-something those of us who work at home really appreciate. Mechanical progressions, combined with the eagerness by more organizations to permit representatives to work in any event part of the time from home, has made online video conferencing a significant, cost-cognizant path for laborers to collaborate.But there is a dim underbelly connected with these kinds of meeting that can extend from out and out insane to wretchedly embarrassing to fast excusal from the organization. On the off chance that you have to partake in these gatherings, here are a couple of things to remember. 01 Video Gaffes ElementalImaging/Getty Images As with most technology, online video conferencing is a brilliant device that drives business commitment and empowers individuals working outside the conventional office to be significant supporters of the working environment team.But likewise like with most innovation, clients need a solid, sound judgment thought of what is and what isn't legitimate in video gathering gatherings. Numerous moons prior, my first supervisor had this bit of exhortation in regards to email: In the event that you wouldn't compose your message on a postcard home to your mom, you likely shouldn't send it in an email. In the realm of video conferencing, this sort of presence of mind is as yet an excellent recommendation, as well.

The top courses to help you get hired July 2018

The top courses to help you get hired July 2018 by Michael Cheary You don’t have to take a trip to Russia to hit your goals this summer*… With hundreds of courses available on reed.co.uk right now, there’s a qualification out there to suit everyone â€" no matter where you are in your career. Not to mention your budget.In fact, you don’t even need to pay to complete some of our qualifications. So whether you’re after reading material for the plane, or just something to do when it’s too hot to sleep (see: Every. Single. Night), we’ve got you covered.Let’s face it, what else are you going to do when Love Island is over?To help inspire you in July, here are three of the top courses you could start right now:IT Skills Never really got the hang of computers? You’re in luck.This Level 2 IT qualification, provided by Vision2Learn, will provide everything you need to know to start using your device with confidence. Also, it’s 100% free.Split into four easy-to-digest units, you’ll learn everything from word pro cessing and analysing data, through to IT techniques to improve your productivity in the workplace.And with a range of Microsoft Office programs covered, including Word, PowerPoint and Excel, you’ll be building spreadsheets and scoping out presentations like a pro in no time. No paperclip required.Want to boost your CV and make yourself more attractive to employers? Just want to turn your laptop on without breaking out into a cold sweat?Technophobes of the world unite…What do I need?  Nothing.How long will it take?  14 weeks.Perfect for:  People who want to Excel.Free IT course  LeanOK, so productivity doesn’t come naturally to all of us.But if you’re someone who always leaves things to the last minute, and finds to-do-lists a drag, it isn’t too late to change your ways. And by change your ways, we mean take a course.This Lean Management certification is the perfect way to get-to-grips with the Lean mindset â€"essentially a project management methodology that’ll help imp rove your quality and efficiency in the workplace.Not only will you be able to apply continuous improvement to your current role, it’s also the ideal stepping stone for anyone looking to move into the lucrative world of project management full-time.So, whether you want to take it to the next level with an industry-leading PRINCE2 ® or Six Sigma qualification, or you simply want to add some more focus to your day, the choice will be yours.Take that, procrastination.  What do I need?  Nothing.How long will it take?  9 weeks.Perfect for:  People who want to be more Agile.Free Lean courseWorking in the Health SectorFinding work in the healthcare industry isn’t always easy. Especially if you don’t have any previous experience to add to your CV.But whilst we can’t promise you’ll be able to go into a position in the health and care sector as soon as you complete this course, you will learn industry-specific skills to help you take your first steps.It’s also completely free.Unit s covered include understanding the role of a healthcare worker, improving your communication skills, and personal development in the industry, as well as maintaining quality standards and health and safety in the workplace.You can study 100% of the course online and at your own pace, meaning you can learn whenever and wherever you like. You’ll even get one-to-one support from a dedicated tutor throughout your course, so there’s no excuse not to stay motivated.All you need is you, access to a computer, and a good sense of compassion. And in return you’ll gain a vocational qualification valued by UK employers.N.B. scrubs not included.What do I need?  Nothing. Starting to see a pattern here?How long will it take?  15 weeks.Perfect for:  People who need to resuscitate their careers.Free Health Sector course*N.B. It’s coming home.    Not sure which course is right for you?  View all available courses now.