Dear Reader, Today, I will share four ways to skyrocket your salary with your growing skills. Many developers face a career growth risk when they stay with their employer for more than 2-3 years. You have enhanced your skills—learned new languages, mastered new tools and frameworks—yet your salary marginally increased. A mere 3% annual raise! Your value has increased significantly, but your compensation hasn’t caught up. It’s frustrating and far from fair, considering all your hard work over the last two to three years. Let me illustrate what is happening here. Imagine this: You rented out your house three years ago. Since then, you’ve added two new rooms, a modern kitchen, and a sleek bathroom, but your tenant is still paying the rent agreed upon three years ago. Sounds unfair, right? That’s exactly how it feels to work in the same company for 2-3 years and not get the compensation you deserve. So, what can you do if you’re stuck in this too-common career rut? Before I proceed, I would love to better understand you. The survey is still open and will take you less than 2 minutes to fill out. What are you waiting for? If you have already completed the survey, then ignore this. Let's dive into four ways to increase your salary with your growing skills. Start with an honest conversation with your manager.• Share every skill and project that marks your growth. • Clearly outline the enhancements in your skills and responsibilities. • Make it clear you know your worth. Research the job market and find out what others in your position are earning.• Read salary surveys and industry trends. • Show competitive rates for someone with your skillset. • Bring these numbers to your discussion. Data is persuasive. Additionally, acquire professional certification to prove your new skill levels.• Certifications are one of the ways to validate and prove what you have learned. Engage with peers in the company and outside the company.• A casual conversation with other professionals could lead to a new opportunity. • Plus, insights from others can provide additional pointers for conversation with your manager. Remember, if your renegotiation efforts did not work, perhaps it’s time to look outside. Don’t let your career stagnate—ensure you’re valued as much as you value your work. Don’t settle for less—your career is your most valuable asset. Have you ever felt undervalued in your role? Reply to this email and share how you handled it. Your friend, P.S. I love to get to know you better. That's why I plan free calls with 5 senior developers with at least two years of experience who love to advance their careers. Can you see yourself in this description? Hit reply. |
Start building products faster with AI coding. After 25 years in tech, I'm building my startup in the public eye, using AI coding tools and sharing everything I learn, including AI coding tutorials, new trending AI tools, and behind-the-scenes lessons on startup building.
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