“There is no substitute for hard work.”
~ Thomas Edison ~
Client Susan Asks: I thought I was going to get a nice bonus… and then it didn’t happen. How can I set myself up for a really well-deserved bonus?
Coach Joel Answers: Susan, you know of your worth and value. You’re adding to the company and you can see your contributions. So the key is to maximize your contributions, quantify them, and share them. Let’s discuss each one.
1. Understand Your Unique Skill Set.
Stop and think about your combination of talents, skills, and personality. There are some things you do better than anyone around you. This gives you one-of-a-kind attributes. So evaluate what they are. Perhaps you:
- Offer effective ideas
- Build consensus
- Warn of hidden problems
- Work hard
You may want to ask co-workers what they see as your strengths. Once you understand these skills, build to your strengths.
2. Focus on Adding Value.
You want to find that sweet intersection where your skills can add the most value to the company. Look for ways you can measurably increase the company’s bottom line. Find a way to connect the dots between your work and the business’s profit. That will help you… and others see your true contribution.
3. Gather Information to Prove Your Case.
Keep track of what you do. Note projects completed and how you’ve helped the company. See if you can find statistics that show your hard work. You may also collect praise and commendations from co-workers, subordinates, and bosses.
4. Hedge Your Bets.
Don’t assume you know what it takes to qualify for a bonus… or that others know about your work. First, learn your company’s policies about bonuses. Do they have written criteria? Is it up to the boss? If so, discuss it with him or her. You need to know what you must do to qualify.
Second, consider why they may not want to offer you a bonus. Did a group project not do as well as expected? Did you have a change in leadership and they may not know your track record well enough? After you look at possible roadblocks, take the time to overcome those objections. Be prepared to explain or come up with a work-around the limitation.
5. Insure Others Know Your Good Work.
Don’t be pushy or obnoxious about self-promotion. On the other hand, you must make sure others know what you are doing. They need to understand the value you are bringing to the workplace. Your mentor should know of your work.
Discuss current projects with your boss and co-workers. Send emails to keep them in the loop. As you keep them up to date, they’ll see your valuable work.
Then, when bonus time comes around, you’ll be in line to get the bonus you deserve.