Tag Archives: more money

Quitting for more money is new?

America believes in education: the average professor earns more in a year than a professional athlete earns in a whole week. (Evan Esar)

News Flash from the Wall Street Journal:

People are changing jobs to get more money!

Even worse, the best employees, the most valued workers, are the ones most likely to quit for more money. These are the best paid people that are quitting for more money.

Seriously, that was in the WSJ.  It was a first. And it still applies today.

The reason it made news is because all the old surveys and studies show you will be dissatisfied with money but not quit over it unless it is way low.  You are supposed to quit because you dislike your boss, the company policies, your duties, or your advancement opportunities.

Some studies are showing that people are now quitting for money more often.  This is probably caused by years of 3% raises.  All of a sudden money is more than a dissatisfier, it is a reason to change jobs all on its own.

I’m not suggesting YOU quit only for money.  I’m just letting you know that I’m willing to learn something new.

Maybe you should get a copy of this posting and put it on your boss’s desk.

Something to do today

Do you dare put a copy of this posting on your boss’s desk?

Just a thought.

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Coming up

Back to job hunting

Ten percent more in your next job – part one

You have interviewed with five people at the company.  Your references have been checked.  The background and drug checks came in clean.  Your recruiter has more negotiating skills in his little toe than the whole management chain in that company put together.  Now to see how much money you will be paid for the job.

There is an upper limit you won’t get past.  It may be the first offer you hear.  It may be reached after a week of haggling.  There absolutely is an upper limit.  The best negotiator cannot get you more money than that limit. That limit was 50% more than the salary range for one position I’ve seen. But there is a limit.

What are the factors that set the limit?

  • The company’s finances
  • The other people available for the job
  • Your resume
  • Your interview

That’s it.  The first two are very complex, but you can’t do anything about them.  The last two are closely related.  Your resume and your interview work together to show possibilities.  They show how you might affect company finances. They allow you to be compared to those other people.

The next two blog posts will deal with what information you need to get to your future bosses, and how to radically increase your interview effectiveness. They are about how to get that 10% more.

Something to do today

Make a list of the topics covered in your last job interview.  Tomorrow we’ll see if you covered the most important information.

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Later:              Get 10% more at your next job, 2 more parts