First, the bad news: For most workers, fat salary hikes won't happen this year. The economy's still too weak.
Now, the good news: You can get other financial goodies from your employer, if you know how.
Most people are unaware that corporations are riddled with seams of gold. Here's a guide to finding the buried treasure. The specifics will be different for each company, but this should get you close enough to mine some dollars.
1 Your 401(k) plan.
To the extent you can afford to do so, put enough money in your 401(k) retirement plan to collect the entire company match.
A lot of data suggest people don't do that, says Mark Schmit, vice president of research at the Society for Human Resource Management in Alexandria, Va. "If you don't take advantage of it, you are leaving money on the table."
It can be like getting an extra 3% or 4% raise, on top of any annual salary increase. For more read here.
No comments:
Post a Comment