Yahoo Finance 5 ways your boss is calculating your value to the company
If you’re valuable enough to your company, your employer will make some exceptions – and maybe give you a pay rise – to keep you happy.
But how exactly are they measuring your worth?
According to recruitment firm Robert Half, these are five ways bosses might be assessing their employees to take their business to the next level:
1. Initiative
Employees that take initiative are more productive, and it’s more likely that their risks will pay off, the recruitment firm said.
That’s why employers will distinguish their motivated works from the others, and might be ranking you in terms of your “original ideas, innovation and engagement with wider industry trends” which will give them an idea of whether you’re a high-value performer.
2. Emotional expenses
Employers aren’t just looking at the numbers – they’re looking at the impact that staff are having on the rest of the team. Star performers will nonetheless put a drag on the team if they’re unfairly critical or lowering morale.
“Emotionally expensive team members can drain enthusiasm, passion and productivity – factors with consequences for company culture and business growth,” said Robert Half. Therefore the ‘emotional expense’ is factored in calculating an employee’s value.
3. Cost effectiveness
Ultimately, bosses will be thinking about whether staff members are worth the salary they’re paid.
“Sometimes, two lower-paid staff members might promise more versatility than a high-flyer who demands an above-industry pay cheque.”
4. Decision-making
Employers will be judging how team members make decisions. When presented with two competing choices, staff with a high level of professionalism will have the judgement to choose what will provide the highest return for the organisation.
“They’re also capable of making choices that compromise their likeability in order to serve your organisation in the long term.”
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5. Loyalty
According to the recruitment firm, recognising character and loyalty is a clever business move for bosses. Loyal staff will put commitment to the organisation ahead of their personal agendas, while disloyal staff can have the effect of lowering morale, employee retention, and growth.
“Investing in loyal staff members is always a smarter alternative than valuing shiny new hires that may just be a flash in the pan.”
Whatever way your company assesses the worth of their employees, failing to do so at all will risk sacrificing growth, Robert Half warned.
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