You know by now, my biggest pet peeve is pay. You should be paid fairly. Period.
You should be paid fairly for your industry. You should be paid fairly for your tenure. You should be paid fairly compared to your peers.
Keep in mind that fairly doesn’t mean “the most money ever.” It means equitably. For example, a non-profit may not be able to support the same high salaries that a big corporations provides. But, they ought to be paying their employees similar amounts within their organization (for similar roles).
Don’t you agree?
I’m going to be honest. I think we’re probably all on the same page here. Everyone wants to be paid fairly, right? Everyone wants to be paid based on their results, and their experience — not some other irrelevant detail.
Well, one of the GREAT perks the internet brings is data. And, not just any data — salary data. The internet is cracking open salary information every day. It’s creating an environment that’s more transparent.
It’s giving you, the job seeker, more power! It’s increasing the likelihood that you will be compensated fairly. Yay!
There are a handful of sites with salary data you can use to better understand this worth (and to negotiate for more money!). But, there’s one taking the lead. One that you should pay attention to:
Glassdoor recently released a new salary tool. It’s called the “Know Your Worth” tool and it’s tagline is “Are you paid fairly?”
How much better does it get than that! (Can you hear how excited I am??)
If you want to try the tool, visit Glassdoor.com here.
You’ll be asked to provide your employer name, employer location, job title, number of years experience, salary, education level, university, and major. But, don’t worry — Glassdoor is sensitive with your data. Their site says, “Glassdoor is committed to your privacy. Your market value is only shared with you.”
To figure out if you’re being paid fairly, Glassdoor compares your salary to others in your city, and to those of open jobs in your area.
Below is a sample salary I tested out for a project manager. In this example, the employee is being paid about $13K less than market value, or -16.6%.
How amazing is that? It gives you data to support your request for more money — and a fair salary! I am so excited to share this tool with you!
Please know that I’m not compensated in any way to share the Know Your Worth tool — I just think it’s that great.
Please check it out! And, if you learn something interesting about your salary, I want to hear from you! Let me know what you find out.
Author: Angela Copeland
Angela Copeland is Founder and Coach for Copeland Coaching, a great way to jump start your job search. Follow her on Twitter @CopelandCoach for tips on finding the perfect job for you.