5 Fierce Ways to Increase Your Salary in 2017
Need it. Want it. Gotta have it. Love it. Hate it.
That pretty much sums up my relationship with money—until I decided to get fierce about it. I’m a 20-something girl like many of you. I’m a born and bred New Yorker, daughter of a lawyer, privately-educated with several tens of thousands of dollars in debt from said education. I was taught that if you do well, you will be rewarded for it.
And if that isn’t a total misrepresentation of adulthood, I don’t know what is.
You don’t just excel at life—like we’re taught in every level of education—and suddenly get the salary you deserve. You get the salary you ask for, the salary you, more times than not, fight tooth and nail for.
I tripled my salary in four years after graduating from college, and by five years, by going out on my own and starting not one but two businesses, I made another 5-figure jump.
How did I do it? I got fierce about negotiations, deals, and research. I started talking to my friends to see what they felt was a “good salary”—and then, when I went out on my own, I price shopped the competition like a woman on a mission at SoulCycle.
You may not have the desire to go out on your own (although I highly recommend it because it was the best decision of my career) but even so, there are ways for you to earn more without hating your life, alienating your friends, or living at the office.
Here are five ways to get fierce about your salary and make more this year!
Do Your Homework
Talk to friends, research your title online, and ask people around you in your office what they make. Yes, I mean ask your colleagues, friends, and the internet. Talking to friends about money can be hard, but it doesn’t have to be. If you work in the same field, this is a crucial step in determining what other companies pay employees with the same responsibilities. And let’s break that down even further—most job titles today don’t necessarily include all of the tasks that you’re responsible for. So let’s say you have friends in industries that are similar to yours but your titles don’t match up—talk responsibilities and see if you can come to an average number for each of the “jobs” you hold. That will help you when you’re doing research on sites like Salary.com and when you’re talking to your boss or supervisor.