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talent
retention
team
building
newsletter
During our team building work with client
organizations, we've compiled a collection of barriers that
we see creating enormous stress for individuals, blocking
performance in teams, and robbing organizations of
productivity. Each issue, one of
these barriers will be addressed in our
newsletter. We'll include some
suggestions for breakthrough thinking to give you ideas
for how you might begin
busting through these barriers.
Free Team Building Newsletter
Barrier #6:
The pay in this organization makes no sense
at
all.
Breakthrough #6:
Salary is
only a small gauge of career success
today.
“It doesn’t matter
how hard I work, my raise was pre-determined long
ago.”
“They
use salary increases to punish people.”
“They
think that just because I’m here they can give me a tiny raise
- and I won’t look elsewhere for a job.”
“My
salary increases have never reflected my
performance.”
Many of us obsess about the size of our pay cheques. Of
course, salary is important. But if you’ve been looking
at salary as the chief measure of how important you are to the
organization, you will continue to be
frustrated.
For example, what’s the monetary value of an understanding and
flexible manager who tells you to work from home when your
child or partner is ill? How do you account for the fact
that the organization pays for you to take training
courses? Where do you factor in such things as extra days
off or flexible hours, special employee discounts, on-site
services, co-workers who are caring and supportive, and a
pleasant working environment?
Compensation today is about a lot more than just salaries.
Most organizations do try to pay you what you are
worth. That’s especially true today when there are fewer
knowledge workers than the market
requires.
Maybe you feel you are worth more than you are being paid, but
all the organization can afford for that position is x,
no matter who fills it.
Here’s what you do: Find ways to get more value from your
time on the job: attend courses; acquire new skills;
express an interest in a lateral promotion.
Be creative … and negotiate for benefits other than
salary. Maybe you want to have your parking paid or a
laptop computer that lets you work outside the office.
Maybe you can get an extra day or two of paid holiday, or a
better deal on the company retirement plan.
Think beyond of the net figure on your pay cheque and you’ll
find other benefits that are worth real money to
you.
Remember:
Compensation today is about
a lot more than just salaries.
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