Category Archives: Raises

How to get more money in your job

Some people need a new job to get more money. Others just need a new attitude. For more money, often you just have to ask.

I get calls from people with golden handcuffs occasionally. They are paid so well or have such great bonuses that all they can get by switching jobs is a drop in pay. Often they don’t appreciate it. I have to honestly tell them what the job market is like and ask them if they want to earn less at a new job. Only one in twenty says, “Yes, I’ll take a drop in pay.” The others get a quick lesson on either growing where they are at or being content at being overpaid.

Others are underpaid or paid their market value and want to earn more. Changing jobs for a 3% raise usually makes no sense. You could easily get that in the next year just by being patient. Often you could get a raise like that in a few weeks by presenting your case to your boss and their boss. So try that first. Present your accomplishments and a list of things you have done in the last few years. Prove you are worth more and give them 3 months to react.

If you really can get a 10% raise or more by leaving the job, the problem is different. You still need to present your case to your bosses. They may give you the raise and solve the problem. Give them 3 months to work on it after you present an air tight case that includes your specific contributions, not just your responsibilities.

During those 3 months keep your eyes open for a new job. Check out what the market really is like. After 3 months go back to your bosses and ask if you are going to get a raise. This is an important step so that they know you are serious. If they say, “No,” then start looking for a new job.

Some people really do need a new job to get more money.

Something to do today

Thinking about getting a new job? Call a recruiter who specializes in your field or in your geographical area. Ask them what the going rates for someone like you are.

Negotiating a salary at a new job – first interview

“Will you work for minimum wage?”

Not a winning question when negotiating salary with an engineer.

“Give me all your money!”

Probably not a wise gambit for any job interview.

At some point in your job exploration the question of money has to come up.  Asking a recruiter what the job pays is fine.  Asking what your pay will be in a phone or first interview is a mistake.  They may have been given strict instructions to only mention $50,000, but have been told that they can go to $60,000 for the right candidate.  That happens all the time.

Timing is critical. Don’t negotiate salary, vacation or perks until they love you and are sure they want to hire you. You have no leverage for negotiations until you are the final candidate.

Money, Profit, Finance, Business, Return, Yield

When THEY ask you how much you must make to switch jobs, THEY are nervous.  So are you.  Here is an answer that works.  It doesn’t get you eliminated for asking for too much.  You won’t get paid too little for being too meek.  It leaves room for negotiating.  It gives them the information they need to make you a good offer.

The answer has 3 steps:

  1. the compliment
  2. the money
  3. the rules.

First the compliment.  This job and your company interest me.  I’d like to go to work for you.

Now the money.  Last year I earned a total of $70,000 and just had a raise to $73,000.

Finally the rules.  I certainly wouldn’t want to earn less.  I would like to be able to entertain your best offer.

This works for minimum wage jobs and CEO salaries.  If they ask a second time, tell them the same thing.  Let them know that you feel it is the company’s job to make an offer, not yours.  You just tell them the facts about what you are earning.  That’s all.  You can negotiate AFTER they have decided to make you an offer.  Then you will have some leverage.

How to think about salary – do this.

Write down three numbers.

First, what are you earning now?  Obviously you would take your current job for that much money.  You did.

Second, what do you really think you would be paid in a good but realistic situation if you switched jobs next month?  It should be a raise.

Third, if the ideal job came along, with you doing, learning and being exactly what you really want, with a great company and future, what is the least you would take to go there?  Is it a drop in pay?

You now have three different numbers you would work for.  So why should you demand to know what a job will pay before you find out which of the three possibilities it is?

You’ll only get what you ask for

I was working in the oilfield for a year and a half and was laid off. I talked with a co-worker who was also laid off. He started the same time I did and was earning over twice as much. I was flabbergasted. I was better educated and had worked just as hard. He confided his secret, “Every time I saw my supervisor I asked when I was going to get my next raise.” We only saw our supervisor every month or three. He got the raises. I didn’t.

I didn’t learn.

My next job at EDS they told us that we weren’t allowed to share salary information with others. I was intimidated. Luckily they did give me some nice raises. After a few years those raises slowed down. I waited for my annual reviews and hoped for a raise. Once, I got ready to quit. The boss found out and gave me a raise. Hmmm. I still didn’t learn.

I am now paid based on how well AGI does. My wife owns the company. If I were going back to an hourly or salaried job, I’d talk to my boss about a raise every 3 months. 

Every 3 months is often enough that you can set goals and meet them between reminders. It is often enough to get some more education and finish some more projects. You have time to turn in 13 good weekly reports to your boss, even if they don’t ask for them.

I would NOT be upset about NOT getting a raise. I would expect to get a better raise than if I kept quiet. Think about it. If I discuss my job performance and a raise every 3 months with my boss, I will be much more likely to focus on what will get me a raise. Also, at the end of the year my boss really knows how much I deserve. 

Something to do today

Want a raise? A promotion? Time to start reviewing your desires with your boss often. More often.

Use raising technology and new techniques to get a great job

Fingerprint locks are used by tons of people on a daily basis, whether on computers or phones. People use them more often than the number or word locks because of convenience. They even have fingerprint locks for doors, and eventually I can see new locks like these being used more often than the everyday lock and key. The world changes a lot around us, and with that there are new ideas and new ways of life. 

Your job search should be like the world, always changing, always improving.

Every year thousands of people get great new jobs with massive pay raises because they have learned something new and exciting. I know average programmers who are earning $120,000 per year. They learned the latest technology and tools and have been riding the gravy train for 3 or 4 years. Accountants that can implement brand new systems are still worth their weight in gold. 

Adding a fingerprint lock helps sell thousands of new electronics to geeks like me. New technology, techniques, and skills can sell CEO’s and managers on your value.

What can you learn today? 

Something to do today

The greatest lunch topic you can talk about with your boss is, “What is the emerging world changing technology, technique or skill in our field?” Try it today.

Every candidate could use a bit of polish

Every few years a hiker in the United States finds a large raw diamond. Usually it was carried down by glaciers from Canada when sheet ice covered the north.  A raw diamond is interesting, but not exciting.  To reach its true value that stone must be turned over to an expert.  It will have scores of facets polished into it until it catches the light and sparkles with fire.  It is the expert polishing that makes people cherish diamonds.  Diamonds in the rough don’t stay that way for long after they are discovered.

My old partner got a Thank You note from a candidate she first placed 20 years ago.  She convinced a bank to take a chance on him.  He has worked his way up the corporate ladder and gotten promotion after promotion.  He was a diamond in the rough.

At the bank he first decided to stand out less while working more.  He watched closely how others dressed and acted.  How did they succeed with sales and politics?  Banks are calm on the outside, but full of opportunity and excitement behind the façade. Mentors appeared as he looked for them.  Some were his managers, some were higher up or lateral to him.  They gave him advice and helped him acquire polish.  Over the years he kept on polishing new shining facets into his skills and character. He learned management and leadership.  He figured out ways to fix problems instead of just enduring them.  Instead of being noticed for his rough exterior, he now stands out for his ability to make things happen and his polish.

If you get a job based on being a diamond in the rough you will only progress a little if you don’t acquire some polish.  You may have to get rid of the nose stud or the blue jeans you always wear.  It may be your technical skills that need work.  Effective management and leadership abilities need training and practice.  Look for mentors, people above you who can lift you up.  Move away from the group that is stuck in a rut.  Find the stars that are rising and do what they do.  Learn constantly.  

You can tell a human diamond in the rough from an average person.  If you truly are a diamond in the rough, you will embrace change.  You will actively seek polish and improvement.

 Something to do Today

Where can you polish up your skills? Write ideas down and think of ways to polish up on those skills.

How to survive a promotion that’s too high

Investment, Concept, Business, Finance A woman I know well was promoted to a level way above her comfort zone.  She had never failed in the past with her last position, but this new promotion was stressful and a big deal to her. One of her friends gave her this advice:

“Congratulations. 
Relax.
Cool it. 
Just do good work daily and before you know it, it will be a career.”

That is good advice any time you find yourself in a job, or interview for a job, that is way beyond where you expected to be.

Something To Do Today

Do your best every day, and you will quickly grow into the position.

Absolute Proof: it is time to leave your job

Man working painting a pipe on an amazing mountain.

The most amazing place to work for another person, may not be yours.

Ron has absolutely, positively and without a doubt overstayed his current job.  He has finally admitted it to himself, so he called me.  He will be sending me his resume this week.  I also asked him to talk to his current boss and let him know the situation.  His current boss may be able to move him to a job that will completely solve his problem.

This revelation came indirectly from his boss.  Ron has been living 800 miles away from his home.  It’s a great opportunity.  The money is good.  He likes the job and who he works for.  The revelation came when he was told, “It’s time for you to sell your home and move the whole family up here.”

Ron realized he would NOT reapply for the job he has.  He doesn’t want to move.  At first it seemed like a good idea, but things have changed.  He doesn’t want to live in the city he is working in anymore.

Nothing is really work unless you would rather be doing something else. (James Barrie)

Is it time for you to leave your job?  Ask these two questions:

  1. Would I apply for any job at my current company?
  2. Would I apply for my current job?

If you are in the wrong company, start your job search today.

If your company is fine but your job is bad, talk to your boss.  Network within your company.  See if there is a better job within.  Also start looking outside the company.  Even if you stay with your company, it will open your eyes to how good or bad you really have it.

If you wouldn’t apply for your current job, it is absolutely positively time to leave.

Something To Do Today

In your job journal answer those two questions.  Give 5 reasons why you answered each one “yes” or “no”.  Writing it down will help clarify your thinking.

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Next:     Mental hygiene

Cover letter anesthesia

Useful career plans

marines and airplane taking off

Which direction is your career going?

So how do you get the promotion or raise you want?

An usher at the movie theater I worked at wanted to become the lead usher.  After the movie started he would always be the first to grab a broom and start sweeping the lobby.  Once he even told me I was sweeping too early so that 30 seconds later he could grab a broom and be seen by our boss as the boy with the most initiative.  He got the job.  I got laid off.  He had a career plan at the tender age of 14. (He was also a little deceitful, which he didn’t need to be.)

A useful career plan needs to have the long term goals we talked about yesterday as well as much shorter term tactical objectives.  If your 1 year goal is to get promoted to team leader, you have to work every day at short term plans to get there.  If you want to become a partner in your firm, you have to do something different from the crowd every day.

The biggest secret to daily, weekly and monthly career plans is to set yourself up to act like you already have the job you want.  Start acting like a senior technician by getting certifications and asking your boss to allow you into design meetings. Pretty soon you’ll get the promotion.  A partner in most firms is required to be either a leader/manager or a rainmaker/salesman.  If you want to be a partner, act like one.

To start taking over the job you want, you have to have a clear idea of what the job entails.  Your first career plan should be, “I will find out what the job I want entails.”  Make sure you find out what the most successful inhabitants of your target job do. What makes the most successful people different? You should generate a weekly and monthly written plan of how you will find out more about the job you want. Put it in your job journal.

Now write a weekly and monthly plan of how to educate yourself for the job.  List the courses you can take, certifications you can get and books you can read.  Ask the people you admire for advice. The list should go in your job journal where you can add to it later.

Finally, write that weekly and monthly plan on how you will take over the job.  90% of authority is seized, 10% is granted.  Go out and take over some responsibilities.  Even if you are reprimanded for over reaching, your initiative will be noticed.  A plan written in your job journal will focus your efforts.

Remember that boy who wanted to be lead usher.  He was always the first person out in the lobby cleaning up. He wanted to show initiative.  To advance in a technical, managerial or sales position you need to show the same initiative.  You need to be the first person seen doing important jobs.  Make a plan and do it.

Something To Do Today

Just today, seize authority.  Find some important job and make yourself the custodian of that job.  Be the first to start doing it, direct how it is to be done, or ask one of your subordinates to do it.

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Next:     What is “the next big thing”?

5 steps to accelerate your job/career growth curve

motorbike-438464_640-pixabay

Now thats a job growth curve!

When I started at EDS I was learning at an incredible rate.  Pay raises came quickly and easily.  By my third year things slowed down.  By my fifth year I settled into a dreary cycle of little new personal growth and cost of living raises. I managed to get assigned to a new team using a new technology and my growth accelerated for a year, then it dropped back to the dreary level. That’s an example of my personal growth curve.

How fast you are growing to get where you want to go is your personal growth curve.  Once you stop growing you are flat-lining.  In hospitals flat-lining means there is no pulse, you are dead.  In your career, flat-lining means that your career has stopped completely and the business world is starting to pass you by.

To get growing again you need to learn, get new responsibilities and get recognized.  At EDS I volunteered and pestered my managers for the chance to use new technology.  Since no one else had a clue and I had read a couple of books on the subject, I got to become the “owner” of that technology.  Preparation and repeatedly selling myself to my managers preceded my advancement.

Whether you want to grow as a manager, salesperson or technician, you need to follow these steps:

  1. Find out what is going to be needed IN THE FUTURE
  2. Study and prepare to fill that future need
  3. Sell yourself repeatedly to get the new responsibility
  4. Excel at your new job
  5. Start over

Step 1 and 2 can always be done at your current job.  Often they will pay for the training and help mentor you.  Step 3 should be attempted with your current company. Sometimes it just can’t be done where you are.

Companies have their own growth curves.  At a company that is flat-lining, your chances to grow will be limited.  While you are preparing to grow, open your eyes.  Is your company ABLE to let you grow?  Do you need to move to a company that is changing its growth curve while you change yours?

A job change becomes a career enhancing move when you move to a company whose growth curve will allow you to accelerate your own growth curve.  If you are willing to learn and grow, you will have growth in your career.  If you are willing to change jobs when necessary to re-accelerate your career growth, your future has no limits.

Something To Do Today

What is going to be needed in the future?  What interests you?  What will help you accelerate your growth curve?

Don’t expect your boss to magically know what you fail to tell him repeatedly. Expect him not to understand.  Even if he sees you doing something new he may not recognize what it means or its usefulness unless you have told him five or six times in the last six months.

Each Friday is the time to write down what you did this week and this month in your job journal.  Give a report to your boss in a format he can use for his own reports to his boss.

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Later:

How many times have I got to tell him?

Useful career plans

What is “the next big thing”?

The one critical component in a career plan

kicking to success

In preparing for battle I have always found that plans are useless, but planning is indispensable. (Dwight Eisenhower)

When it was critical

The hottest technology in 2008 was the iPhone.  It was simply a small computer with cell phone reception. Its rise was carefully planned.  The most significant pieces of the plan included a snazzy look, rugged portability, and simple secure paid download of music. Apple, the creator, had a plan to continue making money forever.

Here is where career plans worked

2008 was the perfect time for Apple’s hottest talent to abandon their jobs with the iPhone division.  2008 was also the time for Apple’s best job security conscious talent to move in and take over. Why?  Because it was obvious the market would be buying upgrades to iPhones forever.  The iPhone was becoming a top-end commodity, but a commodity.  The music distribution system was ahead but developing strong competitors.

iPhone is no longer innovative genius.  It is now a cash cow.  iPod and iTunes are no longer what the bold innovators want to be working on.  They need a new challenge.  iPod and iPhone are now the perfect product for the long term managers.

The single critical component in your career plan

Your career plan will be a rousing success if you focus on your personal growth curve. Do you treasure security? Do you want to innovate and take outrageous chances for outrageous reward?  Do you really want technical challenge?  Is your goal to make enough money, but have a lot of free time for your skiing?

When you know what you want, you can plan your career successfully.  However, what you want will change time and time again.  So you need to be prepared to change your career plan as you see changes beginning in yourself. Your personal growth curve will tell you how fast you are getting to where you want to be in your career.

Career plans work

They work when they are reviewed every year.  They work when you review your real personal desires at the same time.

Tomorrow I’ll talk about the “personal growth curve.”  You have to understand it in order grow as fast as possible.

Something To Do Today

This week will be a great time to review your career plan.  Today you need to start writing down what you really want.

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Tomorrow:     Your personal growth curve

Later:              Useful career plans

What is “the next big thing”?