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http://www.fracat.com/blog/2007/10/16/are-you-an-asset-or-an-investment/ Career Improvement and Job Seeking Blog Thu, 28 Aug 2008 03:21:50 +0000 http://wordpress.org/?v=2.5 http://www.fracat.com/blog/2007/10/16/are-you-an-asset-or-an-investment/#comment-23474 Rick75 Wed, 17 Oct 2007 16:24:32 +0000 http://www.fracat.com/blog/2007/10/16/are-you-an-asset-or-an-investment/#comment-23474 Asset vs. investment? Nice topic! Think about it this way: The organization invests in you to help deliver results. But at the same time, you’re investing in the organization to help you boost your worth in the workplace. Think of the baseball player who comes out of the minor leagues to play a key role on a major league team, probably in a small market with a limited player salaries budget. Three years later, that same team promotes another, more skilled – and cheaper - minor leaguer to play the same position. The guy he replaces becomes expendable, and when he becomes a free agent, the team allows him to go, no hard feelings. So he signs a contract with another team with a bigger budget, and at a higher salary. Why? Because he has the proven track record, can fill a key role, and may even serve as a mentor to a younger player. The issue here is that, as a worker, you need to know your worth to the organization and be aware of how you stand with management. Whether you want more money, responsibility, or work-life balance, conduct a periodic audit of whether the organization is delivering a decent return on what you’re investing in. If not, it may be time to tune up your resume and look elsewhere. Asset vs. investment? Nice topic! Think about it this way: The organization invests in you to help deliver results. But at the same time, you’re investing in the organization to help you boost your worth in the workplace. Think of the baseball player who comes out of the minor leagues to play a key role on a major league team, probably in a small market with a limited player salaries budget. Three years later, that same team promotes another, more skilled – and cheaper - minor leaguer to play the same position. The guy he replaces becomes expendable, and when he becomes a free agent, the team allows him to go, no hard feelings. So he signs a contract with another team with a bigger budget, and at a higher salary. Why? Because he has the proven track record, can fill a key role, and may even serve as a mentor to a younger player. The issue here is that, as a worker, you need to know your worth to the organization and be aware of how you stand with management. Whether you want more money, responsibility, or work-life balance, conduct a periodic audit of whether the organization is delivering a decent return on what you’re investing in. If not, it may be time to tune up your resume and look elsewhere.

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