It is okay to complain about how much your boss is paying you. But the real question is, “What are you contributing to the organization?”
If you are helping your boss to make lots of money, your boss will help you make lots of money.
Are you contributing to help your boss make money, or you are taking away from the organization?
One thing is clear: “You can’t earn more than you are bringing into the organization. If you want to earn more, do more, and bring in more. Help your company succeed. If you help your company succeed, they will help you succeed.
To understand why you earn what you are earning now, three critical things are responsible.
According to Earl Nightingale, The amount you’re paid will be determined by 3 things:
- The work you do. The work you do will affect how much your boss will pay you. No matter how long you have been with the organization, if your work is not bringing in the majority of resources, i.e. money, you will not earn more than you bring in. The only way you can earn more in today’s competitive job market is to continually upgrade yourself. Always upgrade your certificate. Take advantage of your company’s training and development programs, if they have one. If you don’t have the time to take classes, look for a mentor who is ready and willing to help you grow. Take advantage of online resources to educate yourself. If you ignore your growth and development, your company will ignore you.
- How well you do that job. You will earn more if you are committed to your work, and you are doing the job very well. If you put in maximum effort, you will get maximum results. But if you put in minimum effort, you will get minimum results. In this case, you reap what you sow.
- The difficulty of replacing you. Do you have a specialized skills? Do you constantly ask for more challenging work? Or, you are just wasting time? If you are a highly specialized worker, you will earn more than an average skilled worker. If you want to make yourself hard to replace, develop your skills. The point here is: NEVER STOP LEARNING!
You can’t earn more than you know. If you want to earn more, learn more.
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Categories: Talent Management