Friday, May 31, 2013

What are you worth?

Recognizing your position of power with your employer – and leveraging it.

It is not entirely unsurprising that so many people feel that their employer “has all the power” and they, the employee, have no choice but to accept it.

Interestingly, more often than not, when you take a step back and truly take a look at your situation, you may find out that you have a lot more to bargain with – and a lot less to lose – than your boss does.

While we see regular news about the economy hurting and high unemployment, the fact of the matter is that many industries truly are an employees market – not the other way around. In other words, there are more than a small number of firms that are really hurting for more qualified staff.

So: How do you know if you're carrying a bigger stick than you may think ?

Firstly, you have to take an HONEST appraisal of your own performance at work; You don't have to share this with anyone, but you do have to tell yourself the truth:
  1. Do you accomplish everything your job requires you to, every day ?
  2. Do you often go above and beyond the call of duty in your job ?
  3. Are you one of the more productive or skilled employees in your group ?
  4. Do you notice that any time you are away, the departments workload to catch up is more than when someone else is away ?
  5. Are you the 'go to' person for your colleagues ?
Second, what's the hiring situation like, both at your employer in specific and in your industry, in general ?
  1. Is your company short-staffed, with near constant “for hire” ads running ?
  2. Do you often receive contacts from recruiters, specifically looking to talk to you (or “someone in a position identical to yours”, nudge, nudge, wink, wink)
  3. Do you notice employment ads for many of your competitors in employment sites like monster.com and linkedin.com ?
  4. Have you noticed that when other people leave your firm, are they employed almost immediately after they leave where you work ?
  5. Do you have an unusual churn rate where you work, despite pay and benefits being attractive ?
Finally, you need to make an honest self-appraisal of yourself-as-someone-to-work with:
  1. Do you have a generally pleasant disposition ?
  2. Do you avoid complaining about the little – or big – things frequently ?
  3. Do you avoid gossiping about co-workers, or speaking negatively about them behind their backs ?
  4. Do you generally have a “can do” attitude when asked to perform extra work, even if it isn't necessarily strictly in your job definition ?
  5. Do you accept criticism well, taking it as an opportunity for professional growth, rather than a personal attack ?
  6. Do you contribute to your work place, be that either/or in suggestions to improve projects in specific, or the company as a whole ?
  7. Do you contribute to your co-workers, helping them get their jobs done better, faster or more efficiently, without necessarily “looking for the credit” all the time ?
If you answered yes to most or even all of the above, you have a LOT more “employee currency” than you might think; ...Read More

Thanks Mark Bissonette of Canadian ISP for this article

To your success

Fran Watson

 

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