1.3.4 Strategies for Increasing Income and Career Advancement

Strategies for increasing income and career advancement

Start

I can..

What will you learn in this lesson? - Examine the effect of percentage raises on salary - Develop strategies that can be used for career advancement

Career Advancement

Advancement means to progress or grow in your career

Benefits of Advancing Your Career

• Achieving Goals
• Increasing Engagement
• Getting a boost
• Feeling Valued

Achieving Goals

Advancing May Help employees reach their career goals

Career Goals May Include:

• Earning New Certifications or Education Levels
• Reaching a Certain Position
• Earning a Desired Salary

Increasing Engagement

Learning a new skill can increase an employee's engagement, or interest in their job. More engagement can mean more enjoyment while working.

Getting a Boost

A different position can create a boost in creativity, innovation, and productivity

Feeling Valued

An employee who feels appreciated and valued can find the work more rewarding and important

Strategies for Career Advancement

• Take on new additional responsibilities
• Learnnew skills
• Work toward career goals
• Additional Education related to your job
• Setting goals

Promotion and Pay Raise

A promotion is when an employee receives a higher job or rank in the company organization

A raise is an increase in an empoyee's income

An advancement or promotion in a career sometimes come with an increase in pay

Reasons for a Promotion

Reasons for A Raise

Example of Raises

Answer questions in EDIO then submit your lesson