Tips to get Salary Hike, Salary Increment | Salary tips

“Average raise in 2014 is 3% and most under performing employee can hope a 1.3% raise. “
So guessing how much you will hike this year Salary hike is the biggest incentive for an employee to stay motivated and perform better. Salary depends upon market forces, and the employee’s contribution to organisational performance. Here are some tips to get salary hike this year:

1. Company demands -

Do research about what kind of salary people are getting with the same responsibilities. If yes, then demonstrate your worth by demonstrating data.

2. Extra work and new responsibilities -

Best approach is to ask for extra work and responsibility hence asking for more pay.

3. Positive manner -

Go for face to face meeting in positive and constructive manner.

4. Compensation strategy –

Analyse the trend that company follows in terms of salary hikes.

5. Company performance –

Analyse the company’s capacity to pay a higher pay to employees with company’s profit and loss statements.
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Six Steps to find a Job in Tough Times!

It’s very important to search the job in very effective and efficient way as possible as you can get a new job quickly. As in this competitive world and cost cutting corporate tendency world, it is quiet hard to find job in first week only.

1. Contacts- Connect with each and every known person because you never know which contact may be able to help you with job search or put you in touch with someone who can help you and the end.
2. Job Search- Be it on-line or off-line, focus on job search. Effective search can narrow the down the irrelevant job list.
3. Before Interview- Research the company before interview, dress appropriately, practice answering and asking interview questions.
4. Placement Consultants- Register with placement consultants and agencies.
5. Groom up with job skills- Here is a list of some important job skills, wanted by employers which tell the ability to handle and organize information to produce effective solutions. Check out the list

• Logical thinking and information handling
• Technological ability
• Communicating effectively
• Strong interpersonal skills

6. Resume- A resume that target the key skills and responsibilities for a specific job with powerful summarization of your achievement is absolutely vital.