Companies today are willing to pay top dollar for the right employee with the better than average qualifications. It’s not even unheard of for a person to switch companies, do the same job, and get more pay. The questions to ask here are how are they able to get higher pay than rest of us and what makes them so special? Often times, companies will adapt or tweak their market data when determining a pay scale for a specific potential employee. They place a basic salary on the job before they figure in the skills a new hire could bring to the company. From here they are able to fine tune their pay practices and consider the new employee’s background and qualifications before determining a final salary figure.
It is now possible for potential new hires to access the same data that HR departments use when practicing salary configurations. This information can and does prove to be a handy tool when looking for ways to get better pay. Begin your research by utilizing a Salary Wizard. Here you can find what the average salaries are locally, regionally, or nationally. These programs determine figures for a certain position, not what you can bring further to the table. So again; this is just a starting point.
To get a closer figure as to what your net salary could be, dig deeper and use a more refined program that provides a personal salary report. These programs take into account your qualifications, experience, geography, and such. It will get you closer to the true figure any company should offer you. In addition to these simple steps that could be taken, techcareerdirect.com wishes to further assist you by sharing the top eight criteria companies look for that can definitely boost your salary.
1. Education- This is a given. The more education you have, the better odds you’ll have of receiving better pay. The quality of your education can also contribute to any potential pay scale. If you receive accreditation from a top school or program, companies will look to you before considering candidates from a school with a less favorable standing.
2. Years of Experience- Sometimes experience will land more money in your pocket- but not always. If a position requires or is asking for 5 years experience and you only have 3, you may find the offering salary lower.
3. Professional associates and additional certifications- Belonging to professional organizations or associations in your field may be looked upon favorably. Additional certifications look very good as well. While some forms of business require certifications before hiring, others will allow their employees to work toward their certification after hiring- with lower pay of course.
4. Performance reviews- Individual performance is also a contributing factor when deciding the final salary figure. Previous employment reviews can prove to be valuable when in the salary negotiations.
5. The Boss- Your current or previous boss will have a direct hit on the final salary figure you obtain. Their recommendations or negative report can and will have a direct effect on salary negotiations.
6. Number of reports or managerial skills- If you have experience managing or leading other employees, your stock goes up. In some positions, the more folks you manage, the higher the pay.
7. Hazardous working conditions- Pay is always higher if you take a position where there is potential harm. Whether it be in research, or simply for the geography of where the position is at- danger pay is a factor.
8. Shift Differentials- Depending on the shift you are asked to work, the pay may be higher. This also includes overtime.