Ever wondered if there's a golden rule for earning a promotion or pay rise? It's all about linking your personal successes to those of the business, writes founder and author Stefanie Sword-Williams. Saying you've worked really hard won't cut it, "if you want a new title or more money, you need to demonstrate how your contributions help the business", she says. For example: how you helped increase revenue, reach a new audience or boost productivity. Regularly document your progress and don’t wait for annual reviews to update your superiors, she adds. Instead, communicate your achievements in status updates or quarterly reviews. 💭 What do you think? Do you have a golden rule for achieving a promotion or pay rise? Share your thoughts in the comments. Read the full post: https://lnkd.in/gMcnGgU9
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YOU WON’T GET A PAY RISE OR PROMOTION UNLESS YOU DO THIS ONE THING…. ✅ Link your successes to a business objective or metric Let me break this down for you… Companies generally care about whether you helped to: - Make them more money - Save them money - Create or attract new opportunities - Reach a new audience / market - Generate press or win awards - Improved a process - Increased productivity / production So if you want a new title or more money, you need to demonstrate how your contributions help the business. Saying you’ve “worked really hard” isn’t going to cut it. So my advice to you is: 1. Ask your line manager or the senior leaders what the business objectives are for this year / this quarter - how are they measuring success? 2. Document how your work is directly working towards the business goals and keep doing this throughout your entire career 3. Don’t wait until annual performance reviews to update them on your progress, communicate it in status updates or give quarterly reviews And one last thing….save this post down so you don’t forget it. Any questions drop them below 👇
Yep, and find your "promoter" that will endorse you when they are in the board room deciding who to give a rise to
Solve the stuff that people in the organisation are focused on solving. Also, don't ask = don't get!
Very interesting. It just misses a few points: 1. perform well 2. be supportive, but don't stand in anyone's shadow 3. look for chances to progress, both inside and outside of your organisation 4. If you can't take up an opportunity, give it to someone who can - your generosity will be remember longer than your performance. 5. Be the leader in waiting, but don't wait for the your leader to depart. 6. The world is your oyster, add your own grit and become a pearl!
Agree with that! The more specific we get with our reasoning, the better.
Keeping your eye and mind as the company grows, and moves to top level.
Never ask someone to do something you wouldn’t do yourself .
Bring it and get it 🔁
I agree!
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6moMore than once I’ve seen people promoted because they were useless on the shop floor and rather than take someone good off the shop floor the useless article was promoted to the office, so sometimes being no good at your job gets you promoted to a better one lol 😂