The mechanism of How you get paid high or low !

Abhay and Dhruv graduated from a mid-tier college the same year. Like every other graduate, they started attending interviews. Abhay's family was highly educated which gave Abhay got clarity as to what he wants to accomplish. Dhruv was from a family where he was the first person to have formal education and was much confusion about where he lead his life.

Abhay has got a mental maturity and knew what is possible and what's impossible and knew how to complete that task. Dhruv would be awestruck when he would begin to do any task that was majorly due to confidence issues and lack of simplifying information beforehand.

Both of them cracked their own jobs and but within a span of 1 year Abhay grow professionally than Dhruv. Professionally in terms of skills, risk, clarity of short term and long term goals and mechanism of how to achieve it and focused consecutively on improving constantly over long term plan. Dhruv got relieved in his first job and focused on surviving in whichever situation he would be. But Abhay and Dhruv's world is different altogether.


Here comes the HR perspective, the formula of getting paid higher

High payment = Risk Taking Ability+Clarity of Achievements+Value Addition to the present system+Comepetencies+Convincing Skills

Business problems are always an issue either problems are repetitive or some are non-recurring. The recurring problems require common skills, the common level of analysis, and common things are always common.

Non-recurring business problems or job roles which requires the above-mentioned formula are high in demand and they know what to do and what not to do to achieve things in life.

Imagine, you're playing bow and arrow which you have to aim and shoot the center spot. Who will be valued whether the person who has hit the spot blindfolded or the person who did not blindfold?

Obviously, the person who has blindfolded because he could do the task as per his clarity, concentration, much easier than the unblindfolded person.

Similarly, non-recurring business activities require work on tasks, which haven't been experienced before. At that time, these blindfolded persons are required to handle such situations.

For example, Uber it was found in a tussle in 2016-2017 due to its scandals and cases by its users. The company board of directors took 8 months to zero-in a CEO. Here it was not an easy task to find a CEO worth capable to drive Uber out of all the mess.

What we can learn here is that the level of risk taking, value addition with competencies and convincing skills that CEO has got that level of payments he had demanded or that the price set for that role too.

Dara Khosrowshahi, the man behind Expedia and principal consultant of Booz and Allen,  was hired for this coveted and is successfully driving Uber out of the mess.  The media reports didn't even expect him to be the CEO but he became the dark horse of this game.

Some points to remember here

• The clarity of vision you have set for yourself that much coveted you're

• Never put yourself in such a job where your tasks are dependant on other's tasks, as this reduced the opportunity for value addition

• Never compromise on your salary, because the company didn't compromise on the demanded skills for jobs and didn't leave any chance to be confident on you. If not able to get your desired pay package simply deny the offer and look out for another one. 

• Segment your tasks into multiple smaller tasks and innovate in a small way. A small innovation can give add a lot of value at large. 

• Consistently keep on developing yourself, and engage in other stuff related to your job horizontally. 

• Lastly, don't compromise on your dreams, if you love it you'll definitely find a way out. Else you get yourself stuck very badly. 

That formula may not be only limited to top-level management(Uber example was used as an example) but every person is evaluated primarily on the same standards although the metrics differ.