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How To Make More Money

Negotiate Wage & Salary, Demand Salary Increase: Templates Checklists Guideline

Simone Janson (ed.)

Published at Best of HR – Berufebilder.de®


The German National Library lists this publication in the Deutsche Nationalbibliografie; Detailed bibliographic data are available on the Internet at https://dnb.dnb.de.

ISBN of the German eBook editon: 9783965960084

ISBN of the English eBook edition: 9783965960091

Website of the publisher: https://berufebilder.de

English website of the publisher: https://berufebilder.de/en/

How To Make More Money

1st edition, 03.01.2019

© 2019 Publisher Simone Janson | Best of HR – Berufebilder.de®

Duesseldorf, Germany

Conception and editing: Simone Janson

Cover design: Canva

eMail: publisher@berufebilder.de

Customizable information from Best of HR - Berufebilder.de®! Book publisher, registered trademark, eLearning on demand platform, news service by German Top20 female blogger and consultant Simone Janson, referenced in ARD, ZEIT, Wikipedia.

Although every precaution has been taken in the preparation of this book, the publisher assumes no responsibility for any errors or omissions or for any damages resulting from the use of the information contained herein.

All books by Simone Janson | Best of HR - Berufebilder.de® are published in German and English. Please read the instructions for translation at the end of the book.

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Content of the book

This book offers you compact knowledge in a quick overview of the topic as well as tried-and-tested advice. It helps you to make decisions step by step, to succeed and to include numerous overviews and checklists for easy readability.

Structure of the book

It deliberately deals with different, possibly even contradictory facts of the topic. This will allow you, as a reader, to shed light on the various pros and cons of the topic, to reflect on it, and to balance each other in the event of a decision-making process.

You support the clear structure and our special, very detailed special table of contents to find the information you want quickly and as needed and implement it directly for the practice.

Finally, you will find numerous best practice tips and examples of successful managers, entrepreneurs and other exciting personalities.

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Salary like a top manager: who deserves more?
// By Simone Janson

The subject of salary is one of the biggest taboo subjects in Germany - and yet hardly as exciting as the question is: what do top managers deserve? Here are the answers.

Why are there differences in salaries?

There are several reasons why there are so many salary differences in Germany and around the world: the chosen occupation, the training path, further qualifications, whether one has to take care of children and therefore work part-time. But also the origin and the appearance play a crucial role in Germany. And sometimes you just have the luck to be in the right place at the right time and set the course for your career on green.

Even women often earn less than men: The average gross monthly earnings of women in Germany in the years 2010 to 2014 19 percent nideriger than that of the men - that was the result of the evaluation of 72.000 questionnaires on lohnspiegel.de, a page of the economic and social science Institute (WSI) in the Hans Böckler Foundation.

Simply negotiate better?

But just because the issue of salary is such a taboo topic, many are too modest, are clumsy or difficult to do with the right assessment of their abilities. Not a few want to remain polite, do not fool around, annoy anyone, do not seem greedy or are afraid of a termination - because you better wait until the boss offers the salary increase by itself - something that usually never happens. You can also find Best of HR - Berufebilder.de® Tips for Successful Negotiation.

But even if everyone earns the same, are not all satisfied. A credit card company from Seattle dared the experiment to pay all employees 70.000 Euro salary - and lost first time its top executives. Suspected reason: That everyone else earns exactly as much, seems to first demotivieren.

A high on the small and big difference?

So high on the big and small salary difference? At least that's what the Glassdoor job and recruiting community must have thought as it looked at how much more top managers earn in the US compared to the average salary of their employees.

A little was compared with apples with pears, because the overview, for example, does not take into account that the company's owners also benefit from the shares.

However, Glassdoor only examined companies listed in the Standard Stock Index and Poor's 500 (SundP 500). All disclosures on CEO compensation have been taken from the reports of the United States Securities and Exchange Commission (SEC) (form DEF 14A), Booth 14. August 2015. The CEOs listed in this research are the individuals listed there for the year 2014 or 2013. 2014 is the latest year for which these SEC filings are available. In cases where two or more CEOs were expelled within one year, this investigation selected the one who held the position of general manager after the largest period of the year, following Glassdoor's research. For 6's 500 companies, the related SEC data was not available: Mylan NV, Kraft Heinz Co., Columbia Pipeline Group Inc., Baxalta, PayPal, and Westrock Co.

How come the numbers

Average employee compensation data is based on the USN employee salary data published on the Glassdoor between the 1. January 2009 and the 17. August 2015. The data was adjusted for inflation and shows the median value per company. The total compensation includes basic salary, commissions, gratuities, bonuses and all other forms of referenced benefits. Both full-time and part-time staff were considered to be consistent with SEC standards.

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