Recently, a friend of mine and I were having a discussion on the state of the economy and the prospect of an increased minimum wage. This developed into a conversation about why some people still make minimum wage after years of employment, and how one can break out of the rut of being employed for far less than a reasonable living wage. Read on to learn some tips that can help you make a better living. As a matter of disclosure, both my friend and I are relatively young men who make decent hourly wages. Both of us also have sources of secondary income beyond what we primarily do for our living. But the bottom line is, we both make well above minimum wage in our professions. At 20 years old, I make a salary from my primary job of well over $30,000 a year. I have no education beyond high school, and I do not work in the skilled trades, so believe me when I say that if I can make more than minimum wage, you can too.
To begin with, you need to think of your job the right way. Most people think of it as a place they go for 8 hours of their day in order to do the same things over and over and over. This is a minimum wage mentality. To be successful, make yourself more valuable, and therefore earn a higher wage, you need to approach your job as if you were working on a project for yourself. If you work as you would for your own ends, you will always give 100% effort, which will grab the attention of your supervisors and managers, thus getting you on the fast track to being moved up in pay and position. You also need to look at your job from the standpoint of the company you are working for. Keep in mind, the reason that you are employed in the first place is so that your company can profit from your being with them.
When you approach your job from the angle of trying to maximize the profit that your company is making from employing you, you put yourself head and shoulders above your peers, because you have moved from being just another employee to being a valuable asset. When you establish over a period of time that you create value, you make yourself the logical choice for any promotions that may be available, as well as create a reason for your company to offer you a raise in exchange for a job well done. One final tip you may wish to consider is to build connections and start networking with people who may be in a position to offer your a job with better wages than what you are presently making. It could be that there is no advancement or future for you in your current company. If this is the case, a move is probably in order. If you begin networking with people from other companies, or even from other professions entirely, you may be amazed at what sort of opportunities open up for you. Once you have your foot in the door at a new company, you have a clean slate, and can apply some of the tips above to speed your advancement. Building business connections is also a great way to learn new things which you can put into use in your own professional life, such as business concepts and sales and marketing techniques. So there you have it folks. If you’re tired of working for minimum wage, or just barely above it, give some of these ideas a try. If nothing else, you will be out nothing. If all goes well, you may well see your bank account starting to grow in the near future.