Missing out on lost earnings
How much are your colleagues doing the same job as you being paid? What are other people in similar jobs to your own being paid? Are you being paid what you’re worth?
It is commonplace for some people to be paid more than others.
The variance in pay is negligible in some environments and vast in others – and not unusual to range from 5% to 20%.
Many people think it’s not worth the effort to seek a pay rise and find it embarrassing or awkward.
However, let’s say you were being paid 5% less than you could be – over 5 years that’s 25%.
- What is 25% of your salary?
- How much is it?
- Probably tens of thousands.
Most people fail to properly appreciate that the best time to secure a significant salary increase is when you move from one employer to another.
If you would like to make sure you are being paid what you are worth, simply download our FREE white paper ‘Maximising career earnings’.