5 Benefits of Networking at Work

5 Benefits of Networking at Work

Networking at work is a vital pathway to career growth and there are many benefits to it. Sometimes networking can be confused with selling, but it actually means creating long-term relationships that are mutually beneficial. This in turn, leads to building a good reputation over time.

Networking is not about trying to meet as many people as possible, but rather it is trying to meet the right type of people that will be able to endorse your specific skillset, show you opportunities and point you in the direction of other well-connected people.
It is an essential process that should be implemented throughout all stages of your professional journey. Here we take a look at 5 benefits of networking at work.

Did you know? Networking Benefits
  • 85% of job positions have been filled through networking.
  • Almost 100% believe that face-to-face meetings build stronger long-term relationships.
  • 70% of jobs are never published publicly. 

Here are 5 of the biggest advantages of networking:

1. Raise Your Profile

One of the first benefits of networking that is extremely important in career building is being able to raise your profile, you can do this by being visible and getting noticed. The way you can do this is by attending as many social and professional events as possible which will help get your face known.

When you are attending these events, you must provide value for other attendees (it’s not all about you), long lasting relationships are built on trust and providing value to each other. You can create value by listening carefully, following up on conversations, remembering names, and offering your knowledge and expertise.

2. Advance Your Career

Having the ability to go out and network with people within your industry can hugely benefit your chances of climbing the ladder in your industry.

You can advance your career and build your reputation by being knowledgeable, reliable, and supportive by providing useful information to people who need it.

3. Strengthen Business Connections

“Sharing is caring”, for lack of a better term, is what networking is all about. You must be willing to share the information you have and not just take information from other people. It is about forming trust and helping each other reach your individual goals. Staying in regular dialogue with your contacts and finding ways to assist them will help strengthen your relationship. This will plant the seed for a long-lasting relationship and for when you need assistance to achieve your goals.

Making connections in business, benefits of networking.

4. Access to Job Opportunities

Having the ability to expand your contacts can lead to many new opportunities for business, career advancement or for personal growth. When you are actively networking it keeps you at the forefront of people’s minds when new job openings become available, and it will increase your chances of being introduced to relevant people or potentially even a referral.

As your career advances a lot of jobs do not get advertised, so being recognised in the right network of people can open the door to more career opportunities that you may not have otherwise.

5. Career Advice and Support

Receiving career advice from experienced people within your industry is another important benefit of networking. When you are discussing your common challenges and opportunities this can lead to important suggestions and guidance. When you can offer good advice and support to your contacts this will set a strong foundation when you need support in return.

So why not get networking and soon you’ll be climbing up that career ladder in no time!

View all our current vacancies on Recruit Island that can help you get your foot in the door and start networking.

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How to Ask for a Pay Rise

How to Ask for a Pay Rise

Asking for a pay rise is not an easy task as many people are reluctant to ask out of fear of rejection or causing a rift with their boss. However, as the old saying goes “those who don’t ask, don’t receive”. It is highly unlikely your boss will randomly drop by your desk one day and subtly announce he is increasing your salary. Why not ask for it yourself?

We’ve spoken with employment experts in Servisource Workforce Solutions who have over 20 years’ experience in the recruitment industry to get their take on how best to ask for a pay rise.

How to ask a question

Do I Deserve a Pay Rise?

This is more down to gut instinct than anything else. Have you been consistently performing at a high level for a period of time? Have you recently upskilled with extra training? Are you outperforming members of your own team? Are you contributing to the success of your company to the best of your ability?

If the answer is yes to any of the questions above and you believe you deserve a pay rise, then don’t be afraid to ask for one.

The important thing is to take a step back and reflect on your performance over the past 12 months. While it is easy to get caught up in the things you’ve done well, it’s vital you focus on the things that haven’t gone so well.

As we will see, planning and carefully choosing the right moment to ask will increase the chances of success, however, you need to ensure that if there are any areas you drastically need to improve in, you must do so before asking for more money in your pocket at the end of each month.

The Planning Stage:

Salary calculators such as CPL’s Salary Guide for 2021, are very helpful tools that can assist you in finding out how much you should be getting paid for the work you do.

If your work directly affects sales for the company, it is also a good idea to get an estimate of how much the company benefits from having you on the team.

This should help you get a rough figure in terms of how much you wish to increase your salary by.

How Should I Ask for a Pay Rise?

The best way to ask for a pay rise is in person. You are far more likely to get a pay increase by having a face-to-face conversation than sending a half-hearted email or a text to your boss.

By meeting face-to-face with your manager, it allows you to witness their reaction but also negotiate and produce counterarguments.

Depending on the size of your company, you may need to approach your line manager first. Going over your line manager’s head, straight to your boss, bypassing the chain of command, is never a good idea.

Your line manager may even be able to assist your request and offer a recommendation to the boss for an increase of your salary.

Timing is Everything:

Your annual performance review offers a great opportunity to ask for a pay increase. A lot of the time it’ll coincide with the end of your company’s financial year, meaning salaries are finalised for the year ahead around then.

You don’t have to wait for your annual performance review though. While there is no perfect time, some moments are better than others. An example would be after an achievement, you may have completed a successful project, you may have clinched a deal, brought on a new client, increased monthly sales to record levels or maybe your manager asks you to take on more responsibilities.

disappointed man

Bad Times to Ask for a Pay Rise:

  • After a deal is lost.
  • Poor financial results.
  • A global pandemic.
  • Monday mornings.
  • Fridays.

What if Your Pay Rise is Turned Down?

Unfortunately, despite your best efforts, your boss may refuse to increase your pay. There could be many reasons for this such as not enough money in the budget to accommodate the pay rise or your manager does not believe you warrant a pay increase. Whatever you do, keep your cool. Losing your temper or turning the meeting into a war of words will achieve nothing.

Try discussing a timetable with your boss and some goals you need to achieve in order for them to grant you a pay rise. If management makes it clear that you will not be getting a pay rise anytime soon, you’ll have to decide whether your current employer values you enough and if it’s worth staying with them or if it’s time to seek somewhere new and somewhere better.

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