Decide How Youll Measure Your Riches

Decide How You’ll Measure Your Riches The Forbes 400 Richest List is always a enjoyable read. (I particularly like the story of the brand new additions to the listing.) From a career perspective, the range of the journeys and of the backgrounds of the individuals who made the list offers concepts and inspiration. But it’s additionally important to keep in mind that the measure of the Forbes record is predicated on cash â€" assets, earnings, equity. For our personal careers, we can choose our own measure of what makes us rich. Entirely separate from money is how you feel about your career. Do you want your job? What is your measure for achievement â€" e.g., purpose, enjoyable, excitement, variety? How necessary to you is your environment â€" house, lighting, colleagues, your boss? How essential to you is the pace â€" pace of change within the company or trade, variety day-to-day, career progress prospects? You could feel nice about your job when you’re there, however how do you're feeling about it within the context o f the rest of your life? Is it too consuming? Do you've time for relationships, self-care, and outside pursuits? Do you end up wanting more time away from the job? The solely work/life balance scale that matters is your individual â€" are you assembly your professional and personal obligations in a means that's sustainable and gratifying? You may decide that your metric matches the Forbes definition of rich. Perhaps, you’re good with a high-paying job that supports your psychic achievement elsewhere. Perhaps, your cash compensation helps your dream life-style. In this case, keep in mind to review all components of your cash compensation â€" salary, bonus potential, timing of bonus, standards of bonus, equity or options, development potential, advantages. Remember to mark yourself to the exterior market, particularly if you’ve been at the identical company for some time. Remember to view your salary and salary prospects in mild of the tight and volatile job market and to weigh th e risk and reward of transferring elsewhere accordingly. You have choices on the way you measure riches, and this impacts how you handle your career. It might be that your definition of career success is more than cash. In this case, you wish to be specific about what to prioritize and how you measure. But even when cash is a main driver, you have to be particular on the way you evaluate cash compensation. Then, proactively negotiate and structure your career in accordance with what matters to you. This submit originally appears in my Work In Progress blog for Forbes.com. Our FREE job search mini-course is out there now! Register HERE to get the course delivered right to your inbox.