Nothing is more demoralizing than finding out a co-worker makes more money than you for doing the same job. “How do you find out what a fair salary is?” Great question, read on.
Professional decorum makes securing a fair salary a challenging exercise. You can’t just ask co-workers,
“How much do they pay you?” And, human resource managers are not likely to volunteer that information. So, what do you do when you’re up for a raise or deciding whether to accept a job offer? Use this information to research your industry and demand your value.
Not-For-Profits/Government Jobs- Financial information for public sector institutions is public information. If you work in government, perform a Google search on State Employee Salaries for your state. Then research what your counterparts are making in your agency and compare it to other agencies or employees with similar positions. Not-for-profit jobs must provide access to their annual reports. GuideStar is a great place to get reports. You can also request copies from the Public Information Department.
Private Sector Jobs- You have to do more research to find out competitive income rates for these positions. You can start by searching the classifieds for similar jobs and duties. Then, find out what competitors are paying your counterparts. Also, reach out to the local chapter of National Association for “Your Profession”, for information about local salaries for in your field.
Use the average salary for people in your position with similar backgrounds as a benchmark in your negotiations. Everybody does not produce the same value for a company. So, everybody does not deserve the same salary. You have to also consider the variables including educational background, experience, and your time with the company, etc. Use this information as a starting point in your quest for a fair salary.
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