> Benefits in the Workplace |
Know What You're Worth in the Workplace
So you've finally landed your dream job. But have you done everything possible to ensure your new employer will be paying you what you're worth? And does your new salary and the benefits you'll receive compare with those that others in your profession are receiving?
If you're asking yourself these questions, you may not be fully aware of your worth in the workplace. While it is important to negotiate a salary that fairly reflects your past experience and the skills you bring to your role, you also need to consider the “extras” that are included in the package.
A benefits package substantially increases both your status and your morale to do the job to the best of your ability. Contrary to popular opinion, you don't have to be a top executive to request benefits from your employer. Many employers acknowledge the value associated with an attractive benefits package. Some of the most common benefits include flexible hours and working conditions, increased annual leave following a specific period of service, stock options, company discounts and
the option to work from home.
The salary you accept should also accurately reflect current market conditions and match those of your contemporaries. Before entering into salary negotiations, make sure you are familiar with the salary range associated with your industry. When discussing your remuneration with your employer, make sure you stress the skills, experience and work ethic that you bring to your role. Remember that employment is a two-way relationship: both the employer and the employee need to agree on the terms. If you think you're being disadvantaged and can find more favorable conditions elsewhere, don't be afraid to continue your job hunt.
When all's said and done, the compensation you receive should be a key factor in motivating you to do well in your job. Employees on low salaries with few benefits run the risk of becoming demoralized, leading to lower performance and higher staff turnover. Bear this in mind when you are in negotiations for a new job or when you're discussing performance and salary reviews with your current employer. A happy employee is someone who knows what he is worth and is rewarded accordingly.
For more infomation on money in the workplace choose from the list below. |
|
|
|
|
|
|
|
|
|
Banking - Business Finances - Economics - Insurance - Investing
Major Purchases - Personal Finances - Stock Market - Taxes
|
