October 24, 2016

Looking for Salary Appraisal, These are 5 Things That You Must Do

Who doesn't love a good salary appraisal. Yet, in this cutthroat competition world and corporate politics, its not so easy to get one. Here are 5 things that you must do in order to increase your chances of getting a good salary appraisal :


Assessing the Value
If you feel you are being underpaid you must have enough evidences to prove it to your reporting manager. Support your claim with extensive research reports and understanding the salary benchmarks at your level in your company and at your profile in the domain concerned. You can use various Job portals to know the salary level for your position and experience in the industry.

Be an Irreplaceable Asset :  
Work on yourself, make yourself stand out of the crowd in terms of performance and work delivery. This is the most important thing to do if you want a good take home salary. Employees who are indispensable stand a greater chance of having better salary hikes as they are irreplaceable assets to the company.

Increase Your Network : 
Networking is very crucial in times like now. Online mediums like Linkedin gives the current workforce greater scope to build a good network. When you know people across the office(s) and people know you too, it increases your chances of getting a good hike. Who would like to lose a person, well connected and able to get the work done.

Get Additional Skills Training  or Course Certification :  
Education always pays and with changing scenarios it is becoming more important. To remain worthy it is essential to upskill yourself by taking up new courses or training, so to keep abreast with changing tools and techniques. The more knowledge and skills you have, greater is the likelihood of getting a salary hike.

Innovation is Always the Key to Success :
Today's highly competitive work environment requires innovative minds like never before. Companies would like to hold on to employees with exceptionally innovative and creative minds to beat competition and stay ahead. So, keep exploring and learning to feed your mind. Be creative and deliver out of box solutions.
- Alok Kumar Upadhayay

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