The 5 x best ways to get a payrise
If you wanna earn more money without working twice as hard, listen up! In today’s episode we’re talking about the five best ways to get a pay rise, from asking the right way, to increasing your value, to knowing when it’s time to move on.
SHOW NOTES
TRANSCRIPT
If you wanna earn more money without working twice as hard, today’s episode is for you. We’re talking about the five best ways to get a pay rise, from asking the right way, to increasing your value, to knowing when it’s time to move on. If you’ve been quietly thinking, “I should be earning more than this,” don’t skip this one.
Welcome to The Animal Health Show by S8. I’m your host, Shannon Wood, and this is where we talk about the latest trends shaping the animal health industry. We’ll be sitting down with leading voices from across the sector, sharing practical insights to help you grow your animal health business, build a stronger team, or land your dream role.
If you’re looking for your next dream job or you’re ready to hire your next standout team member, reach out to us at S8 Expert Recruitment Solutions. You’ll find our contact details in the show notes for today’s episode. All right, let’s talk animal [00:01:00] health.
Today, we’re talking about something that gets everyone’s attention: money. More specifically, the best ways to get a pay rise. Now, most people sit around waiting for one. They hope it’ll come up in their annual review. They assume their hard work will eventually be noticed.
Sometimes that works. Often it doesn’t. If you wanna earn more, you need strategy. So let’s walk through five of the most effective ways to increase your income. Now, the first one is simple: ask. It sounds obvious, but you’d be surprised how many people never actually have the conversation. They assume their managers should just know.
Here’s the thing, businesses don’t randomly hand out pay rises because you’ve been loyal or because inflation has gone up. You need to clearly articulate the value you bring and why that value justifies an [00:02:00] increase. That means preparing, not walking in and saying, “I’d like more money.” It means showing outcomes, revenue you’ve generated, costs you’ve reduced, projects you’ve led, maybe clients you’ve retained efficiently, m-maybe some efficiency you’ve improved.
Make it commercial, make it measurable, make it easy for your employer to justify the decision. Second, upskill. If you want to earn more money, you need to become more valuable. That might mean gaining technical qualifications learning a new technology developing leadership capability, maybe taking on commercial responsibilities.
The market pays for capability and impact. The animal health sector is evolving quickly, so the professionals who stay relevant, curious, adaptable [00:03:00] are the ones who command the high salaries over time.
Third, get crystal clear on your secret sauce. What is it that you bring that no one else quite does?
Maybe you build relationships that others can’t. Maybe you’re brilliant at turning strategy into execution. Maybe you can translate technical information into commercial outcomes. Maybe the calm operator in high s- pressure situations. Most people undersell this part. Your secret sauce is the combination of skills, personality, experience, and perspective that makes you uniquely valuable.
If you can’t clearly explain it, neither can your employer, and if they don’t understand the unique value you bring, it’s very hard for them to justify paying you more.
If you’re a CEO, COO, or part of a C-suite in the animal health sector, [00:04:00] this one’s for you. Senior roles are shifting fast, expectations are changing, and so are remuneration packages. The question is, do you know where you sit compared to the broader market? We’ve put together the SA Executive Salary Guides specifically for senior leaders.
In animal health, it gives you real insights what executive level roles are paying and what the current market is doing at the top end. Whether you are negotiating your next move or reviewing your leadership team structure, this guide will give you clarity. You can download your free copy using the link in the show notes for today’s episode.
Now, fourth, increase your visibility. This is one I reckon people often forget. You might be doing incredible work, but if the decision-makers don’t see it, it won’t translate into income.
That doesn’t mean being arrogant; it [00:05:00] means communicating impact. Send summary updates. Share some wins you’ve got. Speak up in meetings. Volunteer for high-visibility projects. Make sure the right people know what you’re delivering. Income often flows influence. Then finally, the fifth way: get a new job. At the end of the day, the fastest way to significantly increase your salary is often by moving organizations.
Employers can be reluctant to dramatically increase pay for existing team members, but they will often pay market rate or above to secure new talent. That’s just how the market works. If you’ve outgrown your role, if you’re underpaid compared to the market, or if there’s limited progression where you are, moving can be a strategic decision, not a disloyal [00:06:00] one.
Now, that doesn’t mean jump ship every year, but it does mean being aware of your market value. And if you are considering your next move, I happen to know a team who are pretty good at helping people navigate that. At S8 Expert Recruitment Solutions, we work across the animal health sector globally, and we have real insights into where opportunities are and what roles are paying.
If you’re ready for a conversation, our details are in the show notes. Let me quickly recap. If you want a pay rise, ask and make it commercial. Upskill. Increase your value. Define your secret sauce. So know what makes you stand out. Increase your visibility. Make your impact seen. And if needed, move on because sometimes the market [00:07:00] rewards a fresh start.
The common thread in all five, ownership. No one cares about your income more than you do. If you want to earn more, step into that conversation. Build the capability. Position yourself properly. And don’t wait around hoping someone else will decide your value for you, because in this industry, and in any industry, value is rewarded when it’s clear.
And clear always beats quiet.
Thanks so much for tuning in to today’s episode of The Animal Health Show by S8. If you found the value in this conversation, please share it with your colleague, an industry mate, or on social media, so we can keep the discussions moving across the sector. If you’d like to get in touch, all of our details are in the show notes for today’s episode.
I thank you for listening, and I look forward to chatting with you again in the [00:08:00] fortnight