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Shoot for incentives beyond cash

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in HR Management,Human Resources

You may be a star at work, but that doesn’t mean your boss can give you a raise that’s “out of this world.”

When money is tight, nudge a manager toward other incentives.

Here are three tips from Kris Dunn, a vice president of human resources for SourceMedical, who writes for a blog at www.hrcapitalist.com:

1. Ask for at least 10% of your job to be focused on learning something new. Even better: Suggest that the “something new” somehow relates to a current business challenge. Not only does it allow you to show off your capabilities, it allows you to be where the action is (even more than you already are).

2. Identify someone who has skills you admire, and ask for help in setting up a mentor relationship with her. “Meaningful professional relationships with informal mentors,” Dunn says, “are often as effective as cash when it comes to retention.”

3. Ask for a high-visibility project. “Stars like to have at least one project that has meaning beyond the daily grind,” notes Dunn. Find one and get involved.

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