How to Get Paid Way More for Work You Are Already Doing

Have you ever wondered how you can get paid more for the work you’re already doing? Or, how you can prove that you’re promotable? Executives often ask us how they can prove that they should be paid more or how they can position themselves to earn a promotion.

First, you need to understand that your employer is assessing the value that you create in relation to how much you cost. Clearly, they will pay you well for what you do only if the value you create exceeds the cost.

The answer then becomes to create more value to justify a greater cost. So how do you create more value for your employer and more importantly PROVE that you’ve done so?

Here are 7 tips to get you there:

#1: Pinpoint what represents amazing success for your employer. What is their biggest pain point? What would be the best end result? In other words, what would they like to see happen in their wildest dreams? Aim big.

#2: Create a way to measure your contribution toward that goal. (For example, you could measure the revenue generation from new client relationships you establish.) You have to be able to measure it, and if there’s no way to do that, choose a different goal. Create a graph that shows the current performance of the product you sell, then show what it would look like…