Employers want to see their employees succeed, and would prefer to avoid losing top financial performers. By adding value to your employer, not only are you displaying a strong commitment to your team and the business as a whole, but it also holds you in good stride when it comes to career advancement. Here are five reasons why (and how) you should start adding value to your employer:
1. Be a keen problem solver
Employees who are eager to find creative solutions to business problems add value to their employer. Being able to find a solution to a problem can give businesses a competitive edge, especially if it allows employees to focus on other issues. An example of this might be finding a solution to meet a project deadline earlier than expected, allowing you and your team to turn your attention elsewhere.
2. Show initiative
Being able to pick up tasks as required or without being asked is a trait that many employers value. Showing initiative and helping team members during busy periods of business will not only benefit your employer, but will put you in good standing with your team. If you’re aware that one of your colleagues is struggling to get through their workload, offering to help will be well perceived by your colleagues and show your employer you don’t only have your own interests in mind.
3. Continually looking for improvements
Time is money. If you are able to develop ways of improving productivity and increasing efficiencies, you are adding value by saving your employers’ valuable resources. This could come from streamlining a process within the business, or finding a solution for business partnering with internal teams on budgeting and forecasting.
4. Keep your technical skills up to date
Employers are seeking skilled professionals with current skills when they are looking to hire for a new position, but they also prefer candidates who keep up to date with relevant regulation and industry changes whilst they are in the role. Stay abreast of new accounting regulations by attending courses and webinars to keep your skills current. CIMA offers training and courses that can help further your qualifications and develop your technical skill set.
5. Improve your communication skills
The role of accounting and finance has evolved and it now plays a wider role in business. Employers expect that finance professionals are able to confidently communicate with other parts of the business. Improving communication skills allows professionals to interact more effectively within the business when presenting results or innovative solutions. Professionals who are able to communicate findings and explain their impact in a way that the rest of the business will understand is valuable to employers. Strategies for improving your communication skills include public speaking courses, volunteering to draft memos or leading meetings.
Successful professionals are constantly looking for ways they can develop in their career and are continually improving their skill sets. The best way for finance professionals to improve their skills sets as a whole, is to concentrate on one goal or skill at a time.
It never hurts to assess whether you are living up to your employer’s expectations and if you can increase your productivity. Why? When it comes to remuneration and career advancement, the best way to achieve either is by displaying how you have gone above and beyond what is asked of you. Being able to explain how you have added value to a company, with examples, will stand you in good stead when it’s comes to negotiating a pay rise or career development.