Salary plays an important role in a person’s career, but starting with a low salary can sometimes affect future earnings too. An Entrepreneur has explained how employees may remain underpaid even after changing jobs several times if each new salary is based on their previous pay.
She also stressed that career growth is not only about performing well at work. She added that hard work matters, but knowing how to position that hard work is also important. Goel advised professionals to track their achievements, measure their impact, build visibility, learn to negotiate and understand their market value.
Professionals also need to understand their market value and communicate it, according to her. She said that while an employee’s work creates value, their positioning helps others recognise it.
Goel explained that the problem with a low salary is not only that an employee earns less or has less money to spend.
She said the same low salary can become the benchmark for the employee’s next company.
