Situation 47: Financials

Help you to succeed in life and work

In a face-to-face meeting between Boss and Betsy, Boss is wondering why Betsy did not ask for a salary increase since her accountabilities changed significantly. Betsy believes that learning as much as possible is more important for her at this stage than a higher pay check. Boss advises her to develop a responsible behavior around financials.

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A great leader:

  • Takes a holistic view of her rewards and benefits, valuing both financial and non-financial aspects;
  • Sees that having opportunities to learn are equally as important as receiving higher salaries;
  • Ensures that her financial compensation is in line with her responsibilities and commensurate with other people in similar positions;
  • Is able to negotiate the appropriate salary for her role.

How to best handle the situation:

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