Posts tagged Salary
A better way to ask for a raise

‘Can I have more money?' is one way to start the conversation, although not a very elegant one. Perhaps a more structured conversation would work better? 

 

In my experience, employers are often open to giving their staff more money or a promotion, but not without good reason. For example, asking for a salary raise for doing the same work probably won’t yield you much success, however, offering to help the organisation 1. Solve a significant problem or 2. Make more money, will provide you with much more leverage. Also, keep in mind that the more you necessary you are to the business, the more inclined they will be to keep you happy at work compared to if you can be replaced easily by someone else who has similar skills.

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16 Tips on Negotiating Your Salary: Everything You Need to Know
  • Know exactly what outcome you want from the meeting. Is it more money, share options, additional holidays, a better schedule, less workload, interesting projects and or benefits-in-kind?
  • Find out about them and what their needs/wants are in advance. What are their pain points and what are the key problems in the company? Can you help solve them?
  • Make them look good. How can you make them or organisation look as good as possible? Make them into an ally, not an adversary. 
  • Start out with a high anchor.
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Favourite quotes about money

Too many people spend money they haven’t earned, to buy things they don’t want, to impress people they don’t like. – Will Rogers

Do not value money for any more nor any less than its worth; it is a good servant but a bad master. – Alexander Dumas

Money can’t buy happiness, but neither can poverty. – Leo Rosten

It's nonsense to say money doesn't buy happiness, but people exaggerate the extent to which more money can buy more happiness. - Daniel Kahneman

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Manageable ways for accountants to change jobs and maintain their salaries

Accountancy is an alluring profession: solid career progression, stable jobs and almost guaranteed employment. But what if you decide you need a change but don’t want to sacrifice your salary level? It’s a fear that many have even though it’s unfounded most of the time. Changing jobs may lead to a reduction in salary but not necessarily. If you have strong qualifications and good experience, why would it? Let me explain...

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