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Tag Archives: getting a raise

5 Tips for a Successful Salary Negotiation

salary negotiation

One of my favorite things to discuss is finding ways to earn extra money. Commonly I suggest people get a part-time job, or start a side hustle as a freelancer or by using another skill or hobby to make some extra money alongside a full-time job. But sometimes the best way to earn more money is by asking for a raise. If you want to increase your salary at your current one, salary negotiation is a dance you must either already know the steps of, or learn quickly in order to be successful. There are several factors that contribute to the salary of any job, and not all of them can be controlled by you, the employee.  Certainly your professional experience and level of education are key contributors to the amount of money you take home each pay period. But the area of the country you live in as well as the size of your employer can also affect your salary negotiation tactics, along with the current success of both your employer and yourself. Fortunately, there are some things you can do to make your salary negotiation appointment be more likely to work in your favor. Here are 5 tips ...

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What to do When the Boss Won’t Give You a Raise

ways to increase salary

While self employment and alternative work situations are on the rise, the majority of the work force still has a traditional employer/employee relationship. We all know that making more money is the real key to building wealth, so it makes sense that the easiest way for most people to bring in more income is by getting a raise. Maybe you’ve looked forward to your annual performance review or worked up the nerve to ask your supervisor for a salary increase, only to be shot down with lots of company mumbo jumbo that basically means you aren’t going to see a bigger paycheck. Don’t let this be discouraging. Here’s what to do when the boss won’t give you a raise. Why Aren’t You Getting a Raise? It’s important to understand why the boss won’t give you a raise. Is it because your company is not doing great financially? Maybe there is a present need to invest in business needs rather than employee salaries? Or are you not getting a raise because you are a mediocre employee? Showing up to be a place filler while you daydream and check sports scores on your phone all day doesn’t really make the cut for ...

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5 Tips for Saving Money in the New Year

  With the New Year right around the corner, now is a good time to start thinking about saving money. There are several things you can do right now to reduce your overall spending, and increase your savings. With a little bit of determination and organization you will be able to cut back on some spending and save a lot of money over time.  They more you are able to save now, the more financially stable you will become by the end of the year. Below is a look at the top five tips for saving money in the New Year. 1.    Set Budget If you do not already have a budget in place, it is crucial that you create a workable budget. This budget should detail all of your expenses, including housing, transportation, medical, food, clothing, and miscellaneous. You also want to track your spending to make sure that you are spending within your budget. 2.    Add Raise to Savings If you were fortunate enough to have received a raise this year, why not put it into your savings account instead of spending it? This will not provide you with any less money than you had this year, so ...

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