Take your salary to the next level
Have a clear understanding of your job requirements and what is expected of you.
Everyone wants to know how they can grow their salaries, how they can take their increase above the standard percentage and take home more for their hard work. Fortunately, there are steps that anyone can follow that will help them to grow their salaries and their value.
“Your first step is to know your value and believe in yourself,” said Lavine Haripersad, Payroll Manager at the South African Payroll Association (Sapa). “If you walk into a meeting to negotiate your salary and you’re vague on your value, then things are unlikely to change.
If you’re confident and recognise how you contribute to the business, then you are more likely to negotiate with confidence.”
Have a clear understanding of your job requirements and what is expected of you. Things are always changing, in every profession, and those who keep abreast of the latest trends and technology and are constantly updating their knowledge will be in a strong position when looking to negotiate a raise. Build a network of peers, expand your understanding of your role and develop your skills.
“This will make a huge difference in how you can negotiate,” said Lavine.
“Your negotiations are further supported by going the extra mile. Hard work does pay, so if your standard increase is 7 per cent and you are angling for a 9 per cent increase, then you can’t be a 9–5 person. Ensure that you achieve performance scores beyond what is expected of you.”
Show your value
By consistently overachieving on your Key Performance Indicators, you are placing yourself in a very strong position as an employee. However, you also need to let the business know that you are a high achiever and that you are adding value to the business. It is important to showcase your work, to let management see how you are performing and to make yourself an indispensable resource.
“You almost want to ensure that your company is now working to keep you happy,” said Lavine. “Put your hand up, accept challenges and expand your role. Be the person who is visibly making an effort to be a part of the company.”
Before moving into any salary negotiation, you also need to do your research. Find out what your role is worth on the market and what the salary benchmark is. There are different levels of benchmarks, so you need to do all the right things to negotiate and earn at the upper level.
Be willing to grow
“Know your strengths and your weaknesses too, and be receptive to criticism,” added Lavine. “Show how you are working to grow yourself and to make all the right changes. Look for ways to work smarter and be sure to share your knowledge. Use feedback to build a strong relationship and an open line of communication with your manager. If you talk to your managers and make their lives easier, they will see your value to them as well.”
Finally, be unique. Don’t be the run-of-the-mill employee, be the person who stands out and makes a positive and constructive difference. This doesn’t mean vibrant feathered hats; it means a focus on doing the best you can while ensuring that people know you are there and willing to do your job. By immersing yourself in the culture and future of your company, you will be in a strong position to grow your salary that important extra per cent.
Do you perhaps have more information pertaining to this story? Email us at northsider@caxton.co.za (remember to include your contact details) or phone us on 011 955 1130.
For free daily local news on the West Rand, also visit our sister newspaper websites
Randfontein Herald
