How I Got a Six Figure Raise from 80k to OVER 150k
Climbing both the corporate ladder and salary increment can be very difficult. The majority of the workforce that is in the Six Figure Range, usually have many years behind them. Honestly speaking, waiting for 15 years to get into the Six Figure Range was not an option.
It was difficult, discouraging, hard-work, mindset challenging – (a lot of 3 steps forward and 5 steps back) but through it all, I Was Determined!
Below are the steps and actions I took to reach my financial goal and yes, it was not straight forward, as much of life is not.
I have 3 degrees, after my 2nd Masters, I was so thrilled to be part of the finance profession. I went through the normal interview process and was selected for the Senior Position. I really enjoyed the department, I was surrounded by professional veterans in the industry and they would constantly share their knowledge.
I was so happy in my position and wanted to grow with the company. There was an anniversary lunch for one of the Senior Managers, in her speech she stated that she had been with the company for 25 YEARS!! (my thoughts — say what!!) I was NOT patient to wait for 25 years for her position, I needed to find a way to get promoted, both position and salary. My conclusion, time to get a promotion as well as the salary. Below are the chain of events.
Inventory of My Skills
The first step was to take an inventory of all my skills, listed my degrees and the courses I took. I went through all my M.B.A & M.A.F.M courses, then listed all the courses that were relevant to the next position. The objective was to gain additional experience without changing jobs. For instance, if my next desired position was Senior Accountant, below is the framework I used Continue reading