Sunday, December 28, 2014

4 tips for landing a higher paying job

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Unless you’ve recently retired, won the lottery or were elected President of the United States, chances are you’re looking to keep your career progression on track with increased responsibility and increased salary. Face it -- no one wants to be the assistant forever.

So how exactly do you go about making the leap into a more lucrative position? Here are some tips to help you land that higher paying job.

1. Network Strategically

“It’s not so much about your resume anymore, but the people you know, and the people they know,” says Rachelle Falls, HR pro, blogger and conference speaker. She says people often think they aren’t well connected enough, but fail to realize they can be, with a few simple steps.

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  • Falls’ first suggestion is to scan your social media connections for people with a job you’d like to have. If you’re currently a sales associate and want to become a sales manager in a certain industry, then look through your contacts and “locate those that have the job title and responsibilities you’re looking for,” she says. “Reach out and ask for a coffee meeting or a quick phone call.”

    Falls says most people will enjoy talking about their job and passing on advice to an up-and-comer. If you can’t find anyone in your contacts with a specific job you’d want, widen your search and tell people you’d like to be introduced to someone in that arena.

    Next, embrace Twitter. Use it to find thought leaders in your industry. Follow them, read the articles they post, participate in chats they host, and begin a conversation. “Find out what interests they have, who they’re following and which topics they tend to focus on,” Falls says. “Participate in the discussion. Tweet a hello. Express an interest to learn more.”

    2. Learn What You’re Really Worth

    If you want a higher salary, you need to go into a job search with realistic expectations. “Research the market rate of the position you're seeking,” says HR manager Rory Trotter. “Many companies’ salary ranges are largely driven by market survey data. As such, if a recruiter asks what you’re seeking for a position you should be able to give a well-researched, market driven answer that reflects what you’re willing to work for.” PayScale is a great place to start your research.

    3. Consider the Big Picture

    Don’t focus so much on the higher salary that you end up with a nightmare of a job. “All things being equal, more money is better than less money,” says Broc Edwards. “The problem is, things are rarely equal and the gold tinted lenses...can cause us to miss the downsides until it's too late.”

    Instead, Edwards suggests also considering the intangibles a new position will bring, such as great mentors and challenging opportunities. “A fat paycheck can quickly turn into ugly and tight-fitting shackles, trapping us in a job we hate but can't afford to leave,” Edwards says.

    4. Do the Math

    When you do get that next offer and the salary bump, make sure to run the numbers and see if it will actually be an increase. It’s important to consider total compensation, Edwards says. “It's entirely possibly to be paid more and make less depending on insurance, retirement and profit sharing, training and development opportunities, expected work hours, travel requirements, commute time, relocation and cost of living [where] you would have to relocate,” he says.

     


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    Dominique Rodgers Monster Contributing Writer