I write a lot about how to eliminate expenses and reduce the OUTGO from one's home economy, but there is another side to the equation and that is INCOME. INCOME – OUTGO = EXACTLY ZERO works a lot better when the INCOME is increased!
This series is focused on one key way that INCOME can be increased and that is to Negotiate A Pay Raise. In each part, I will be sharing how I have successfully negotiated pay raises in the past. Here's to this series helping you do the same!
For Part 1, I want you to ask yourself this question.
"Am I effective at what I do?"
My hero, Dave Ramsey, has often said that "your raise is effective when you are". It can not be said any better than that!
If you are not effective at what you do, it is very difficult to negotiate a pay increase.
Now ask yourself this question.
"What are the top five skills, activities, abilities, and capabilities that I possess that most benefit my organization?"
Think through these two questions (preferably on paper) and prepare for Part 2 of "Negotiate A Pay Raise"!