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Information
What Are You Worth
Submitted: 2007-01-17 15:35:52
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My millionaire mentor taught me another way you can quickly increase your income is to find out what are you worth. Let’s say you work for one company. Can you go out and look for more job options with other companies? To be in a stronger position to negotiate what you want to have is at least 3 or more alternatives where you could work.
If you had 3 or 4 companies that would be interested in your services (you would have to go out and investigate that and find out what you are worth), then you can go back and negotiate with your current employer – “look I’m considering leaving. I believe I’m worth this amount of money and this is what I’m prepared to do to add value that makes me worth that amount of money, and this is the money I would like to be compensated for doing this. I’d like you to consider that.
“Now as long as you are committed to adding value and you communicate that effectively, then what you will find is the company suddenly realizes the value you add and how hard it is to replace you. Remember your boss is never usually going to walk up to you and say I’m going to give you a pay rise today. You normally have to ask for it, but to get something you must first give so you must put a plan to them that’s going to provide evidence to why they should pay you more.
It’s not until you are willing to leave that they realize how valuable you are and they are willing to pay you more. This has happened so many times so if you apply this strategy, you could be pleasantly surprised.
Author: Greg Dempsey – Investor/Marketer Title: What Are You Worth? Reprinting this article is allowed with this footer attached |
Article source: Expert Articles
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