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How to successfully negotiate a raise at a new job when you're underpaid

There are loads of people who are underpaid on their current job.The reasons for this can be numerous-a small organization, financial downsturn,the company having a bad year, downsizing of teams and so on.People think changing jobs is the way to beat this-that I’ll get a raise on my next job, but typically the raise is not enough to get you upto market rate.Despite multiple job changes, you are still underpaid .You feel worthless and your self -esteem takes a hit.You don’t even want to try for a new job anymore. How does one fix this: 1. Know your worth -Know what a person of your experience,qualification is being paid in your geography.Use market salary surveys and websites like glassdoor and payscale.Establish a range of salaries for your said role.Also, don’t let them use your current salary as a basis to pay you less than market rate. 2. Never state a number -On a job interview, when asked how much you would want to be paid, always state a range based upon your researc...

Entry level employees guide to saving and wealth

As an entry level employee, there is student debt, rent, transport and other expenses to take care of.The paycheque gets exhausted settling bills and barely anything is left thereafter.But as we know there must be monthly savings and investments to have wealth eventually . Here are a few ways to cut down on expenses/increase income and save a part of the paycheque: Start cooking your own meals instead of eating every single meal outside Use the public/office/building gym instead of a gym membership Take local transport instead of a cab each time Move to a not so grand neighborhood  if it is not too far from work Take up a part time/freelance job on weekends Have a side hustle-your own business that helps you earn extra money Teach skills you know for extra money to students Curb the urge to buy every new shiny phone or gadget Invest money in safe return giving instruments Find free and low cost events to attend in city Limit air travel ...