Want a raise? Do the research
THE answer to the question of “How much are you worth?” can often elude both employees and employers. Ask these two groups the same question and you’ll probably receive two very different answers.
The truth is salaries come in all shapes and sizes. Whether you’re negotiating a starting salary or looking for a raise, you should know how much you’re really worth and understand how your organization determines the amount you are paid. Your colleague’s paycheque may be larger or smaller than yours, regardless of how long you have been working for the organization or how many bills you have.
Although all employees are an important part of an organization, not all positions and functions are created equal.
While an employee is thinking about their worth or “value” to their organization (the skills, knowledge, and personal attributes they bring to the job), most employers are considering the worth of the job based on factors such as skills, knowledge, effort, responsibilities and working conditions.