Pay vs. Position: Will You Take the High Road?

Is the position worth the pay or is the pay worth the position? We all battle with this question at some point in our career. We are faced a challenge that requires us toe valuate whether the position will be worth the pay or if the pay will be worth the position. At the present time I am reading Creating Your Personal Life Plan by Michael Hyatt (http://michaelhyatt.com/life-plan) and I am focusing on the bigger scheme rather than the immediate results. The first thing this book outlines is creating a life plan. Begin from the end and work you way backwards.

There is an old saying that if you do not know where you come from, how can you know where you are going. Well, Hyatt introduces a new perspective; if you do not know what you want out of life, how can you accomplish your goals and dreams. In order to make a step in the right direction, you have to know yourself in and out. Apart of knowing yourself is knowing your strengths, weaknesses, what you want and being confident enough to go for it even if you have to go the road alone.

Every person looks to advance in their career field, but everyone is not fit for a position of power nor is every high position fit for the oldest employee. Tenure plays a tremendous role in acquiring a position of power within most companies, but the most important thing is confidence and initiative. You can not sit around and wait for a promotion you must be proactive. You also can not expect that every promotion is going to come with a raise. It really depends on the budget and an analysis of the responsibilities. This is where your personal decision is weighed. Would you be willing to stay in a tenured position  at the same rate of pay or is salary more important?

Duties may be substituted which results in no raise; however, the importance of the position may outweigh the salary allowed thus resulting in your rewards being greater than your sacrifice. The average American will go for the raise just for some variety in experience, but the cost is too great if your personal capacity does not function in the position. In order to make a sound decision when it comes to this obstacle you have to weigh the pros and cons. If the pros outweigh the cons, then you have no need to worry. If your cons outweigh your pros, then you got some worrying to do and some damage control to initiate.

I hope that this proved to be helpful to someone out there. Will post again soon. Good Luck to all and thank you for reading.