I Want More Money
In order to be clear about the optimal path forward for you it is really important to understand what might be the key problem/challenge facing you. If you have not already done so, answer the following questions:
1. So, you think you deserve more money than you are currently paid. Why?
2. When did you last have a review and/or pay raise? Recently (skip to 3) Not recently (skip to 8)
3. What was the feedback you received in your last review? Poor. (skip to 5) Good/Excellent (skip to 4)
4. So, you had a good to excellent review but you did not get a pay raise? Does the organization usually reward good performance? Yes (skip to 9) No (skip to 10)
5. If you had a poor review why do you think you deserve more money?
6. Do you think or know you do a good job? If so, how?
7. When thinking about salary, are you taking into account other benefits that the company provides that other companies might not? Yes (skip to 9) No - Make an inventory of the benefits the organization provides.
8. Why has it been so long since the last review? Is it so long?
9. Why is not the company rewarding you even though you’re performing?
10. Do you know how you are paid compared to your peers?
11. Is the company you work for known to be less generous with compensation or is the discipline you work low paid/low paid where you work?
12. In what form do you need to receive additional income? Does it have to be a guaranteed monthly increase or could it be incentivized or given in some other form such as stock? If you like where you work, flexible pay may be a potential way to gain additional income.
13. Do you want or ‘need’ more money/wealth? Need (skip to 14), Want - if you want more money, you have time to construct a plan to get it. You should think carefully about not only the other benefits you have as part of your overall package but also think about how much you enjoy your current role and company.
14. If you need more money, be clear to yourself why and how much do you need to get?
15. What timeframe will you give yourself to bring the additional income about?
If you feel the questions above are helpful in beginning to understand your situation and are ready to learn more, see Coaching/What I Do For You
SPARKIN CONNECTION If you know you want another job and you have a good sense that is more of the same (but with more responsibility/money/recognition) in a different organization.
SPARKIN COACHING
If you feel the above questions are helpful but you are unsure of ‘what’s next’ or uncertain about what the ‘optimal’ next step is or you are unclear ‘how to manifest’ a chosen direction but want to move forward, see Coaching/What I Do For You
To learn about How We Work Together with you and what I charge for coaching, click ‘How We Work Together’