08/02/2020

Here's Why You Never Have To Put Up With Low Pay


Low pay is a perennial problem in our economy. There are too many people chasing too few jobs, and it is pushing down the value of work - the only thing that most of us have to sell. But it turns out that people on low pay don't actually have to put up with it - not if they don't want to, anyway. 

Here are some of the tools and techniques that you can use to make sure that you're paid what you're worth and not exploited by your boss. 

Create A Situation In Which Your Company Would Be Screwed If You Left

The best way to ensure that your employer pays you what you're worth is to create a situation where they can't live without you. Now, granted, that's not always possible in every job, but it is in most. You can create a situation in which you become so indispensable to the rest of the team that they'd be willing to do just about anything to keep hold of you, including paying you more money. 

Tell Your Boss You've Received A Better Offer

If you're a valuable worker, somebody, somewhere, will want to snap you up, especially in today's tight labor market. For that reason, nothing is stopping you from canvassing other employers and finding out whether they'd be willing to pay more for your services. Usually, you'll find that they are.

Herein lies the opportunity. You don't have to leave your current job at all to get higher pay. Just show your boss the offer from the competing company, tell him that you've been headhunted, and explain that you're thinking about leaving. At this point, the company you work for has to make a decision. Either they let you go and lose all that value, or they pay you the going market rate. Either way, you win. 

Get A Side Hustle

For a lot of people, low pay isn't their boss's fault. It's just the nature of the industry in which they work. The hospitality and retail sectors are famous for low rates of pay. 

For this reason, many people decide to get a side hustle and start looking for awesome ways of earning from home. More often than not, they're able to find jobs that pay BETTER on an hourly basis than their 9 to 5. Moreover, they're usually more enjoyable and flexible. 

Can you see where we're going here? If you like the work enough, why not try to turn it into a full-time career. Once you hone your skills, clients will line up for them, providing you with a bumper income in the process. 

Stop Telling Yourself You're Not Worth More

A lot of people get into a rut of believing that they're only worth so much. It could be $10 an hour or $5,000 a month - but whatever it is, it caps their potential. The truth is that there is no limit to how much any of us can earn. It is all related to the value that we bring others - as judged by them! 

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