GREENSBORO, N.C. — New year, more money? It's possible making more money in 2020 is your New Year's Resolution.
Most probably think getting a new job would be the best way to get a pay bump, but Ja'Net Adams with Debt Sucks says that's not needed.
She said there are three things you need to keep in mind: have proof, know your worth, and reduce your threat.
- Have proof: If you work for someone else you need to have a proof of the value you bring to the company. Create a "brag book" that you will use to write down all the ways you bring value to the company throughout the year. Did you complete a project that brought in a new client? Put that in your brag book. Then when it is time to request a pay raise you will have concrete examples to back up that request.
- Know your worth: Before asking for a raise or other benefits at your job you need to know how much you should be making. 43% of Americans feel they are underpaid and more than likely they are right. In order to make sure you are being paid fairly do some research. Go to websites like Salary.com, Payscale.com, or Glassdoor.com and see how much your position salary should be and if you are not making that number then it is time to sit down with your boss.
- Reduce your threat: Let's be honest. Most people work jobs they hate because they need the money to pay their debt. Starting today make a plan to pay your debt down so that this threat will be less and you can feel confident in asking for more money and benefits at your job. If your boss does not grant your request you can start looking for another employer that will pay you your value.