It's no secret that the days of "across the board" salary increases are long gone, and pay for performance is here to stay. According to a recent posting on the Compforce Blog, if you are near the top 10% of employees in your company, your annual increase will be nearly twice as much in 2007. The trend is definitely pay for performance!
So what does that mean for you? We all know that working just for the money is a recipe for a long and discouraging career. So why bother trying to be a top performer? Because:
- Top performers also get more interesting and challenging assignments;
- They usually get more attention from the most competent leaders at the company who can become mentors; and most importantly
- Top performers have the greatest opportunity to impact the mission and goals of their company.
If you are working for an organization whose mission you believe in, #3 should be a big motivator for you to put effort into growing in your career. Then the extra salary rewards are just icing on the cake!
What do you think? Why should people work hard to grow in their careers? Leave a comment and let us know your thoughts!