Catchy title, eh?
Salaries are one side of a trade. A salary is presented to you on a semi-regular basis from a business venture or organization. Most of us consider salary when choosing with which business venture or organization we should spend our time and effort – because time and effort are what we bring to the table. The other side of the trade is what you bring to the organization. What do you do with your time and effort that helps the company achieve its goals and objectives? The key concept here is business value. (Apologies… the image of the banner from the movie Office Space proclaiming “Is this good for the company?” keeps popping into my head…) The balance between these two forces of business physics – business value and your time and effort – determines your salary. (Perhaps that’s naive. It’s more accurate to say your understanding of these forces of business physics determines your salary. Increasing your understanding is the purpose of this post.) Although you may learn nifty thing
*Sadly, we had to bring back ads too. Hopefully more targeted.