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How to make more money at your current job

by Shubham Jain Loanpandit

Introduction

The job sector could be performing better; everyone knows, especially in India, where unemployment is rising, it gets challenging to earn more doing the same job; asking your employer to hike your salary is critical and requires proper planning. To convince your manager or boss, you must be worthy of asking for it. It can either be through higher education, achieving a high skill set, or taking on more responsibilities.

In this article, we’’ 'll discuss the best time to ask for a raise and how to make more money at your current job. If you have been working in an organisation for a long time and feel you deserve to be promoted in terms of salary and position, Read the steps below and execute them accordingly.

Gain more Qualifications & Skills.

The more qualified person will get the desired job with a handsome amount of salary and increase your value as an employee; always try to do more than asked postively. Additional qualifications to your CV is an ideal way of increasing your salary; by doing this, you are putting yourself in a better position to negotiate for the desired salary or position.

Formal education is slowly getting outdated, and new technical skills are taking their place; hence it is always better to upgrade yourself with updated skills and education.

Be consistent with your performance and goals.

Don’t sit and wait for your increment; try your level best and give 100 per cent effort to your current job regardless of salary and perks. One can also negotiate on their salary on the basis of performance and results delivered. Consistency enhances your professional reputation in the organisation, which has enough potential to magnify your salary.

If you are starting your corporate journey and haven't got the desired salary, then don’t worry; perform with consistency for 6 months and ask for a salary hike. Also, make sure you perform exceptionally well in this time duration.

Don’t miss chances and take responsibility.

In order to achieve a salary hike or get promoted, being responsible for the job and company operations are the essential requirement that your employer will always try to find in you; make sure you deliver this quality and work responsibly in the company where you are looking to seek promotion.

Once you get a chance to take on new responsibilities, then you will get a chance to get in touch with senior management and make them realise that you are now worthy of new and big authorities also, it is a solid ground for a salary increase.

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Work on Feedbacks

Make a small effort and ask your employer or manager to deliver feedback on your performance and work as per the feedback and give special focus on points which you lacked as per your employer. Rectifying your previous mistakes and doing better adds a much more positive response in your manager’s eyes and will make you different from other co-workers.

Built good relationships within and outside the organisation

Most people often ignore this point, but having good relations with your superiors and other co-workers will definitely add to your position. Keeping good relations, decent behaviour, and politely speaking psychologically enhances your image in a positive way, and people start admiring you for your character.

In case you are not getting the desired amount in your existing organisation, then be prepared with other options that offer you relatively higher pay and in case you leave, then there are chances that your manager/boss may realise your potential and give you the salary asked.

Ask for a meeting

Make sure whenever you are planning to ask for a hike or promotion, always fix a physical meeting, and never ask for it on phone calls, texts or virtual meetings. Getting physically present in front of a superior or employer adds up to an impression and seriousness towards the discussion.

If your boss fails to give you time, then postpone the plan, be patient and ask after some time, and never get hurried or impatient when discussing sensitive things.

Swipe the company

If things are not working as you have decided and your boss is not getting agreed on the terms you wish to it, then it is time to leave the company and join some other company at a higher position and higher salary. Never make yourself attached to a company or a lifestyle; keep on upgrading and learning.

Closing statements

If you are an employee who is involved in corporate structure, then you must know how difficult it is to achieve a salary hike doing the current job. Still, in the article above, we have thoroughly analysed effective ways through which one can make more money doing the current job, also working on improvement of skill sets and adding new qualifications is a must if looking to secure a promotion and salary hike.

One can also add skills like Video editing, Content writing, Graphic designing, Tutoring, social media management etc. and easily earn an extra chunk of income apart from actual income.

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