Jurgen Klopp has agreed to extend his contract with Liverpool until 2024, the club announced on Friday.
Klopp, who moved to Anfield in 2015, guided Liverpool to Champions League victory in June and the Reds are currently eight points clear at the top of the Premier League.
"For me personally this is a statement of intent, one which is built on my knowledge of what we as a partnership have achieved so far and what is still there for us to achieve," Klopp, 52, said in a statement on Liverpool's official website.
"When I see the development of the club and the collaborative work that continues to take place, I feel my contribution can only grow."
During his first stint at Anfield, Liverpool reached the finals of the League Cup and Europa League but lost both. They lost 3-1 to Real Madrid in the 2018 Champions League final before becoming European champions for a sixth time after their win over Tottenham in Madrid this year.
Liverpool lost just one match in the Premier League last season, racking up 97 points – the best in the club's history – but still missed out on the title by one point to Manchester City.
This season, Klopp has overseen Liverpool's surge to the top of the league table where they sit eight points clear after 15 wins from the first 16 matches. Liverpool have not won the league title since 1990.
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4,872 matches
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UAE currency: the story behind the money in your pockets
Stuck in a job without a pay rise? Here's what to do
Chris Greaves, the managing director of Hays Gulf Region, says those without a pay rise for an extended period must start asking questions – both of themselves and their employer.
“First, are they happy with that or do they want more?” he says. “Job-seeking is a time-consuming, frustrating and long-winded affair so are they prepared to put themselves through that rigmarole? Before they consider that, they must ask their employer what is happening.”
Most employees bring up pay rise queries at their annual performance appraisal and find out what the company has in store for them from a career perspective.
Those with no formal appraisal system, Mr Greaves says, should ask HR or their line manager for an assessment.
“You want to find out how they value your contribution and where your job could go,” he says. “You’ve got to be brave enough to ask some questions and if you don’t like the answers then you have to develop a strategy or change jobs if you are prepared to go through the job-seeking process.”
For those that do reach the salary negotiation with their current employer, Mr Greaves says there is no point in asking for less than 5 per cent.
“However, this can only really have any chance of success if you can identify where you add value to the business (preferably you can put a monetary value on it), or you can point to a sustained contribution above the call of duty or to other achievements you think your employer will value.”
