Marie's Answer: Compensation is a complex subject, but here are a few fundamental facts:
• Every product has a price, and every job has a value. That value is established by comparing similar positions both outside and inside the company. Your pay range indicates the minimum and maximum value for your job.
• As long as your responsibilities fall within the expected duties for your position, will probably feel that your job is “priced” appropriately. This appears to be your manager's view.
• However, if you perform many tasks that are typically completed by higher-level employees, you might qualify for reclassification to a higher pay grade. This would be determined by your HR department.
• If reclassification seems unlikely, consider asking for a one-time bonus. Because bonuses don’t increase base pay, managers often will give them more willingly.
To better understand your company’s pay practices, have a talk with your HR manager. If you’re still dissatisfied, your enhanced skills may qualify you for a higher-paying job elsewhere.
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