Resources – your time and your money are two of your most valuable resources.
For most people they are directly linked – people trade time for money as an employee. The more hours you work the more money you earn. As skills and value increases so the hourly rate increases.
But in many cases you have to work the hours your company sets, even if they are anti-social or if they mean you miss out on family time. And you have commute time as well, which reduces your hourly rate and increases your costs.
Your ability to increase your hourly rate may also be limited, if someone else is prepared to do the same job for less than you then your chances of a raise are very low.
And your employer wants to take their slice of profit as well.
And then global competition and the recession has a massive impact.
If you want to increase your productive time and your hourly rate you need to look at increasing your value and leverage.
Education and training to increase your skills in in-demand areas will increase your value.
Your leverage can be increased by moving from a 1:1 application of your skills to a 1:many and a 24/7 availability.
These are both achievable through use of online publishing techniques.
These are just some of the ways people are preparing for and moving into the new economy.
Education and training to increase your skills in in-demand areas will increase your value.
Your leverage can be increased by moving from a 1:1 application of your skills to a 1:many and a 24/7 availability.
These are both achievable through use of online publishing techniques.
These are just some of the ways people are preparing for and moving into the new economy.


No comments:
Post a Comment