Raises & Promotions

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Many businesses offer comprehensive and unique benefit packages as a way of attracting and maintaining top talent. For Chipotle Mexican Grill, cooking up strong employee benefit packages not only accomplishes those two goals, but also helps the company with its long-term focus on employee engagement and building connections.

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In almost every office, there are 'lucky' employees given formidable projects like setting up a new department or coming up with strategies for re-branding the company.

Then, of course, there are those assigned to do the so-called grunt work such as alphabetizing clients' files, updating suppliers' contact details, and organizing meetings.

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Minimum wage is currently a hot topic everywhere.

Nationally, there's ongoing debate about raising the federal minimum wage to $15 an hour by 2025, while at the state level many local governments are wrestling with their own minimum wage increase proposals as they keep an eye on things on the federal level. While allowing people the opportunity to earn more money seems like a good idea on the surface, some say it's not that simple.

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Promotions are not guaranteed. In the past, employees used to progress along specific career paths, often within just one organization. However, with the impact of globalization and technology and flatter organizational structures, this has changed. Related: 7 Steps To Power Your Way To A Promotion This Year Today we have to create and manage our own careers. Often the promotion isn’t an upward path either and we may need to take a lateral move first, to later being able to position ourselves for an upward move. To get that promotion, it is important to boost your personal brand and get yourself noticed. Making yourself heard, developing mentoring relationships, practicing effective self-promotion, being a problem solver, acting professionally at all times, being a team player and developing your network are all effective strategies. However, there are also ways you can upskill while in your current job:

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It’s exciting, no doubt about it. Your expertise, hard work, and perseverance paid off. You got the big promotion you were working toward. Then, along with exuberance, reality sets in with a bit of nerves for this new challenge. Now you have to deliver. Related: How To Deal With Getting Promoted Above Your Peers Even though promotions are exhilarating, they can also leave recipients uneasy about the change. Going from a position you had proven yourself in to a position with some inherent uncertainty will put a knot in the most confident stomachs. Oftentimes, the easiest kind of promotion is where you’re promoted into a new environment with a new team to work with. That is like a clean slate. Much harder can be the transition within a business unit. Not to mention, the move from peer to boss can definitely be a minefield. Like it or not, we create an identity at work and many of our co-workers identify us with our role. Change our role or give us more responsibility, and people around us sometimes have difficulty adapting. There are also occasions where the person promoted has difficulty adjusting. Let’s take a look at some of the steps the newly promoted can take to ensure a smooth, effective transition.

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The transition to earning more money in your career can be uncomfortable. It’s not always an easy conversation to ask for a raise, and although studies have found that many people who switch jobs get paid more..there are a host of issues that go along with changing positions as well. Related: The Easiest Way To Earn A Higher Salary In order to help you assess your situation for the best possible salary, I’m going to share three factors that your job must have to maximize your income and success. If your job doesn’t have these, then I’ll also show you a simple, proven way to get one that does.

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