How to maintain a work life balance

How to maintain a work life balance

Graduate Studies Blog

MSC ACCOUNTANCYNANYANG EXECUTIVE MBANANYANG MBA

How To Maintain A Work Life Balance

In partnership with 

 

 

It is important to have a balance between your job and the other areas of your life so you can be productive, healthy and happy both at work and outside of it. To achieve this balance, plan your day around the most important projects, take regular breaks and make use of your annual work leave to successfully strike a balance between your job and the other areas of your life.

Prioritise your work tasks

It is important to determine the most urgent tasks for the day and allocate sufficient time to complete them. If you are unsure about what requires your direct attention, ask your manager for some advice and assistance. Other responsibilities that are not a high priority can be scheduled for a later date or delegated to another colleague. This will help keep you on top of your workload and limit the amount of hours that you spend at work.

Structure time at work

Once you have defined your priorities, structure your day around them. By grouping similar tasks together you can be more efficient in completing all your daily jobs. You will then be able to complete high priority tasks first, medium priority tasks next and so on. This will give you the freedom to allocate breaks during the day, once a segment of work is complete, as well as ensure you can comfortably meet deadlines for various activities.

Take breaks

You should take some personal time during the day for activities that are not related to your job. By taking your lunch break, you can go for a run or engage with colleagues on a social level. Also consider taking shorter breaks throughout the day to run personal errands if you don’t have the time to do them before or after work. This will allow you to achieve goals outside of your career, as well as daily jobs during the work day.

Make use of annual holidays

If you are unable to make time for yourself during the day, consider going on extended leave. You may take time for your hobbies, an overseas holiday or Christmas. Taking this time away from work allows you to dedicate it to your interests and spend some time relaxing and unwinding.
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How to negotiate the salary you want.

How to negotiate the salary you want.

Graduate Studies Blog

MSC ACCOUNTANCYNANYANG MBANANYANG PROFESSIONAL MBA

How To Negotiate The Salary You Want.

In partnership with Michael Page. 

 

 

Many people don’t realise that the salary they’re offered along with a new role isn’t necessarily the final offer, but a starting point to negotiating the salary you want. The idea of asking for a higher figure is daunting, but it’s an expected part of the hiring process.

However, to negotiate your new salary from a position of strength, preparation is crucial. You must have clear and realistic expectations of what your skills and experience are worth and be prepared to ask your potential employer for what you want – graciously.

Use the tips below to help negotiate your new salary with confidence:

Know your worth

It is critical to research what your role is worth before you begin negotiating your salary. Visit the Michael Page Salary Centre to find out the average range for your sector, location and experience. Scan similar jobs on job boards and LinkedIn, and talk to your Michael Page recruitment consultant and industry colleagues for advice on what people are earning in similar positions.

Remember that your role isn’t a ‘cost’ to the business so much as a means of creating value. What value will you bring to your role? How can you prove that you create this value? Consider your unique skillset and why it’s crucial to your new employer’s business objectives.

Research conditions

Make sure you also research the financial performance of the company, its recent staff movements and industry conditions. This will help you to better understand the company’s position and anticipate potential objections when negotiating your salary.

If you can speak to someone who works within the business already, they’ll be a great source of information. For a broader look at the industry, look to press coverage of economic drivers and outlook.

Determine your needs

Balance your research with your personal needs to determine a realistic salary range for negotiation. Decide on a figure that:

·         You need to live on

·         Allows you to save for the future or for a particular goal

·         You would be satisfied with (the minimum you would accept)

·         You would be delighted with (your ultimate goal)

The last two figures comprise the salary range for which you should aim. You should always start negotiations at the higher end to allow room for negotiation.

Watch your timing

Always wait for the potential employer to raise the topic of salary negotiation first, rather than bringing it up during the interview. If you wait until an offer has been made, you are then in the ideal position to negotiate salary when the employer has offered you the role, is hopeful of employing you and has suggested a figure first.

If you are asked about your salary expectations, tell the interviewer you would like to know more about the role first. Avoid divulging your previous salary – your new salary shouldn’t be based on a previous one but on the value that you can bring to the business. Instead, tell them what you believe you are realistically worth based on your research, skills and experience. This may be a different figure to what you were earning in your last job – one of the benefits of moving jobs is to increase your salary package beyond what’s available in your current role.

Consider other options

Think about non-pay alternatives if the opportunity to negotiate salary is limited. Good negotiators will enter a meeting with a range of options.

Support for education and training, a car allowance, more annual leave or flexible working arrangements are potential alternatives to financial incentives. The job might offer a clear promotion path or the opportunity to review pay in three to six months, so make sure you consider these alternatives as part of your salary negotiation.

Increasing your take-home pay may be your ultimate goal, but it helps to be prepared to accept a compromise.

Get the best deal

Employers respect applicants who are hard but fair negotiators. Having the confidence to negotiate well for yourself shows the employer that you could bring these skills to the role, and strengthens their belief that you would be a valuable addition to the team.

However, if the budget simply doesn’t exist to increase the package on offer, it’s important to either gracefully decline the job offer, or to accept – but not to begrudge the lower amount. If the offer doesn’t meet expectations, you should either re-evaluate your expectations or continue your job search.

 

Source from: https://goo.gl/rNmqAX