Do I Have to Change Jobs to Get a Good Raise?
Thinking about changing jobs? Money isn’t the only thing you should consider!
A popular belief is circulating that employees who seek jobs with different companies do better financially because they have the upper hand in negotiating power. The idea is by switching jobs every few years, you’ll continue to earn more and more money. But, there’s more than a salary to consider when it comes to your employer.
A company’s environment is very important: management, employees, commute, benefits, workload, and potential for moving up impact job satisfaction. The grass isn’t always greener on the other side!
Look for positions within your current company that pay better. Or, if you like your job, but think you deserve more money, then ask for a raise. Pray first and be prepared to prove your value to the company. If management agrees, then gratefully express your appreciation for their investment and your delight in growing with the company.
If they say no, decide if you can stay or not. If they want to negotiate, know what you’re willing to accept in dollars and benefits like paid vacation, personal days, flexible hours, stock, insurance, 401K, continuing education, and so on.
Recruiters study longevity and loyalty history to determine whether an applicant is someone to invest in OR whether that person is a job-hopper. Full-time young workers with valuable skills for today’s markets are the ones most likely to switch jobs and gain higher wages. They typically have the flexibility and can quickly adapt to new environments.
Average salaries in your field and geographic location can be found online. You may not be able to double your salary, but it’s possible to make a horizontal move and earn more money.
Prayerfully analyze the pros and cons of changing or staying with your current company.
And Whatever you do, work heartily, as for the Lord and not for men, knowing that from the Lord you will receive the inheritance as your reward.
If you need more practical help or biblical encouragement with your finances, call the Crown Helpline at 800-722-1976 or go online to crown.org.