Feeling underpaid and overworked? Here is what you need to do

What should you do if you realise that you are being underpaid after taking on more responsibilities at work and having more qualifications? 

This is a common concern for many people in the corporate workplace. A situation that can sometimes lead to depression. 

A quick solution would be to go to your boss and ask for a pay rise, but this can be a daunting task.

Eunice Victoria, a career coach, agrees that asking for a higher salary is scary and rejection never feels good. But it's important to negotiate if you're underpaid and overworked.

"The feeling that the money coming in each month does not match the effort you are putting in is very normal. When it comes to asking for a pay rise, the truth is that you have to earn it. So if you're going to ask your boss for more money for doing the same job, it's important to take a step back and review your contribution. You have to be honest and ask yourself: do I deserve a pay rise? Ms Victoria says.

It is also important to be prepared for either eventuality, it can either work in your favour or not.

"Most salary negotiations are successful, but it's important to be realistic about the chances of failure by making sure you're asking for something reasonable, even if you've slipped on some of your targets and KPIs, then hearing 'no pay rise' shouldn't come as a surprise," she says.

Victoria advises that if a pay rise is not on the table, consider asking for other benefits such as additional paid time off, comprehensive medical cover or flexible working time.

Despite the fact that what you ask for may be refused, always be polite in your response to a refusal.

If you feel overwhelmed by the work you are doing and there is no increase in your income, you can ask for support by asking your employer to bring in volunteers or interns to help with the work to avoid burnout.

There is also the option of leaving for greener pastures.

"If negotiations fail and you feel that leaving is the best option for you, having an exit plan is important as it ensures that you don't leave without a plan. Make sure you've thought it through and are confident it's the best decision for your future," she says.