By Jeff Altman
Most people I meet have been raised to give their best efforts when they work. Somewhere they got the message that if they work hard and give their best efforts, they will be rewarded for their loyalty.
Sometimes they are . . . and generally, they aren’t.
For most people, work involves travel to and from a place away from home, dressing a certain way, and following directions according to company rules. You are expected to deliver a certain amount of output for which you receive a salary and perhaps benefits and periodic raises.
For many people, raises do not keep them ahead of inflation. For example, in one study period, the consumer price index was up 4.3% and the core inflation index (the one that excludes food and energy prices) was up 2.1% (could you do without food and fuel?).
This means that just to keep up with inflation, a worker who was paying taxes of 25% on the federal, state, and local level would have to receive a raise of at least 5.4% to stay even with their income taxes. Add in property tax and school tax increases that occur at different times and that raise you’ve received won’t go very far.
What should you do?
Walking into your boss’ office, pounding their desk, and demanding a raise is not a good idea, especially if you don’t know the value of your experience in the job market.
Instead, update your resume and get yourself another job. Why allow yourself to get paid less than your market value. Are you that rich that you can forgo the additional income?
ABOUT JEFF ALTMAN, THE BIG GAME HUNTER
Jeff Altman, The Big Game Hunter is a coach who worked as a recruiter for what seems like one hundred years. His work involves career coaching, all as well as executive job search coaching, job coaching, and interview coaching. He is the host of “No BS Job Search Advice Radio,” the #1 podcast in iTunes for job search with more than 1900 episodes, and is a member of The Forbes Coaches Council.
Are you interested in 1:1 coaching, interview coaching, advice about networking more effectively, how to negotiate your offer or leadership coaching? Schedule a free Discovery call.
If you have a quick question for me, you can get it answered with a 3-5 minute video at https://www.wisio.com/TheBigGameHunter. Want to do it live?
If you want to learn how to interview like a pro, order “The Ultimate Job Interview Framework” from udemy.com www.TheBigGameHunter.us/interviews The Kindle and print versions are available on Amazon.
Connect with me on LinkedIn. Like me on Facebook.
Join and attend my classes on Skillshare. Become a premium member and get 2 months free.
Watch my videos on YouTube at JobSearchTV.com, the Job SearchTV app for FireTV, Roku or a firestick or BingeNetworks.tv for AppleTV and 90 smart tv platforms.
You can order a copy of “Diagnosing Your Job Search Problems” for Kindle on Amazon and receive free Kindle versions of “No BS Resume Advice” and “Interview Preparation.” If you are starting your search, order, “Get Ready for the Job Jungle.”
Don’t forget to give the show 5 stars and a good review in iTunes. It helps other people discover the show like you did.
Jeff Altman owns the copyright in and to all content in and transcripts of No BS Job Search Advice Radio podcast, Job Search Radio Podcast, The No BS Coaching Advice podcast, JobSearchTV.com and other content with all rights reserved, as well as his right of publicity.
WHAT YOU’RE WELCOME TO DO:
You are welcome to share a transcript (up to 500 words but not more) in media articles (e.g., The New York Times, LA Times, The Guardian), on your personal website, in a non-commercial article or blog post (e.g., Medium), and/or on a personal social media account for non-commercial purposes, provided that you include attribution to “No BS Job Search Advice Radio,” “Job Search Radio,”” The No BS Coaching Advice Podcast,” “JobSearchTV.com”as well as other content and link back to the TheBigGameHunter.us/url. For the sake of clarity, media outlets with advertising models are permitted to use excerpts from the transcript per the above.
WHAT IS NOT ALLOWED:
No one is authorized to copy any portion of the podcast content or use Jeff Altman’s name, image or likeness for any commercial purpose or use, including without limitation inclusion in any books, e-books, book summaries or synopses, or on a commercial website or social media site (e.g., Facebook, Twitter, Instagram, etc.) that offers or promotes your or another’s products or services. For the sake of clarity, media outlets are permitted to use photos of Jeff Altman.
