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Welcome to "All About Jobs" jobs blog. Hi, I'm Robin Henry, a Human Resources and Development specialist and educator with over 30 years of experience. I'll help you with your employment questions or issues and look forward to meeting you.

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07.24

2008

Have an Open Salary Mindset or Miss Out

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Don’t fall into the habit of having a fixed salary mindset that says you are only worth this or that much salary.

If you are in a job now where you get paid $35,000 per year or your last job paid that amount, does that mean you should only apply for jobs whose salary is within a similar range?

No way Jose! You need to know your worth, how valuable your skills and knowledge are to an organisation.

There are people who have read job adverts for jobs that paid $20 - $30 thousand more than their previous job who were successful. That’s not a bad salary increase for anyone and would go a long way towards the mortgage.

How did they do it? In some cases they submitted an application just for “fun” to see what would happen, not dreaming they would win the jobs. The jobs advertised were close matches to their skills and knowledge and they won them.

The fact is the same skills sets are valued differently by different firms. The same laws of supply and demand affect salaries as do food and rent prices. So firm A might have a desperate need for an accounts receivable clerk who can reign in their growing amounts of debtors. $75,000 per annum would be a small price to pay for someone to clean up $2.4 million in outstanding debts. Firm B may have a much lower outstanding debtors total and be willing to pay only $40,000.

Action

When you apply for jobs, don’t focus on the advertised salary … if there is one, focus on how well your skills and knowledge match those sought by the advertiser. Remember, nothing ventured, nothing gained. It may also be true that you have potential that you have not yet realised or that you are currently being underpaid.

Robin
“Think success - Achieve success”

PS: While you are here, why not read this short article “Strange Jobs Still Pay the Bills” in our collection of articles.