How to: Increase your Salary by 20+%Admin
1.Create resume stability
Compounded raises where your salary increases by a certain percentage every year can be a benefit of resume stability. Also, for most companies, year-end bonuses increase according to how long you have been with the organization. Sticking with your company for a long period of time also opens up leadership and seniority opportunities to increase your pay. (Not to mention additional benefits such as more paid time off days!)
Gaining certifications or additional degrees can dramatically improve your resume and your salary. Studies from bls.gov have shown that people with college degrees make $400 a week more than people with a high school degree. Also that people with professional degrees earn $500 more a week than people with a college degree.
Sleeping the right amount of hours at night can lower sick days. For people who are not getting enough sleep, increasing your sleep by at least one hour can increase your wages by 16% according to thewallstreetjournal.com.
4. Taking on additional projects at work
Taking on additional projects at work shows commitment and loyalty to a company. Your managers will see that you are passionate about improving the company. When preparing for your annual review, you can bring up additional projects that you have worked on to initiate the discussion of increasing your pay.