I recently saw a post with an interesting idea within.
“When you chase money; money runs.”
The idea developed was that if you do a good job or provide a valuable service the money will come. It is about focus. If you share your skills and efforts, the money will happen. If you set out to get money alone, then your service and the amount of money you have will both suffer.
A nice story and possibly true but, sadly, incomplete.
You do not live in a world that is necessarily fair. While you may be altruistic and sharing not everyone else is the same. For example, your boss may use your inherent niceness against you. You will not achieve the money you deserve unless you do something about it.
What to do?
Chasing money for the sake of money alone and at the expense of providing excellent service and a pleasing work experience is likely a failing tactic. Working for too little, or for free, similarly loses.
Spend a little time each year, maybe when updating your annual budget, and check out what persons like yourself can command in the market.
There may be costs to move, so keep those in mind too. You don’t have to be aggressive about it, but looking after yourself is a necessary life skill.
Don Shaughnessy is a retired partner in an international public accounting firm and is presently with The Protectors Group, a large personal insurance, employee benefits and investment agency in Peterborough Ontario. Contact: email@example.com