Friday, 13 July 2018

When your salary puts your job at risk

At the end of month nobody does their job for free. No matter how passionate one might be about their job but if your salary is hampered, it is sure not to go down well.

Salary is actually a reward for your services towards the employer. So how do we ensure the right rewards for our job?

Firstly be realistic. Be really practical about how much salary you truly deserve. It should not be based on your whims and fancies.

Ensure that your salary expectations are based on the nature of your job, the current industry pay scale for your job, your personal finances and most importantly based on your job performance.

Your salary expectation must be a consideration of all these various factors and not just your expectations.

Just because you are good at your job does not mean you need to be paid well. One must also be sure that the organization too can afford it. Also understand why a company needs to pay you.

In simple terms they pay you because of the value you bring to the organization and the way you perform your job.

So if you can deliver profitable results to the company the organization would surely not like to lose such an asset.

In some situations you have to be flexible about your salary. A situation like the recession demands us to be more viable with our salary where the entire market is under shoe string budget.

No matter how much salary you earn if you do not spend it wisely you are sure putting yourself at risk. Therefore ensure that you spend only as much as required.

Also the job markets are getting competent with factors like outsourcing and technology making for cheaper costs. So you need to have a negotiable salary bracket.

Always looking at the larger picture helps. Salary though a very important factor in your career should never be the main focus of your career.

Though your salary may not be up to your expectations you could be in a thriving organization or upcoming job market which could be the next big thing.

In fact you could already be getting a lot of perks like employee insurance medical claim benefits, canteen and transport facilities.

All these perks too add up to your income. So never take decisions solely based on your salary.

Money is the byproduct of a good job performance. If you are successful at your job you will surely have a greater chance of getting a good appraisal. Therefore consistent job performance is the key.

 

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