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Six ways to earn a salary hike
Companies like nothing more than innovation. They want employees to bring in new ideas and are happiest when these ideas add value to the business. And they also value the person who thought of the ideas in the first place.
Proving you are worth a salary hike
Annual performance appraisals are on the way out and continuous feedback is in and the way to shine in such a situation is to keep updating the list of your achievements. And when the appraisal meeting happens, carry the list, and ensure you're considered for a good raise.
Know your worth
Do you feel you are being underpaid? Do you think people in the same profile in other companies are being paid more? Do you research and put a value on your skills. This will help you seek a raise.
Be indispensable
All companies have people they cannot do without, and we are not talking about the top executives. Even team leaders and an average employee can be indispensable, because no one else can deliver work the way they do.
Be a networker
Being a networker is an investment that ensures good ROI. If you network constantly; know everybody in office (which means everybody in office knows you), it is highly unlikely that you will be given a raw deal in the appraisals.
Get more education
More the skills you have, more are your chances of a salary hike. So get a certification or a diploma or a degree (preferably a part-time MBA) and see how your market worth shoots up.
Be an innovator
Companies like nothing more than innovation. They want employees to bring in new ideas and are happiest when these ideas add value to the business. And they also value the person who thought of the ideas in the first place.
Source: TechGig.com
