![]() Great for: The most all-encompassing, crowdsourced answer. This tool also reveals how this figure would change if you moved to a different city or gained more experience.ĭon’t like the figure? Because this tool is on Glassdoor, it’s easy to start job hunting right then and there-especially since it lists job openings underneath the results.Īlso, since the figure relies on the market, make sure to check your worth often because it can change weekly. How It Works: Enter your employer, location, job title, years of experience, and current salary, and Know Your Worth will use an algorithm that factors in salary reports and market trends (not counting bonus compensation) to give you a base figure you should be earning. It provides a personalized salary calculator that gives you a “custom salary estimate” with your location, experience level, and other important factors taken into account. Glassdoor has always offered salary information about companies or by position (numbers provided directly from Glassdoor users themselves), but their Know Your Worth tool can help you understand your potential earnings better. PayScale also lets you plug in a job offer, which is super cool if you're interviewing currently. ![]() PayScale requires you to go through all your benefits, who you manage, and your responsibilities before it gives you a number. Great for: Getting a really thorough detailed report. PayScale also has supplemental tools to help you gain a more rounded picture of your worth, such as showing how your compensation would compare if you worked at a different company, had a different degree or earned an additional one, or were a different gender, and a cost of living calculator to help you if you’re seeking a job in a different location.įor a quick snapshot without having to enter in as much information, you can also do a quick salary search job title, company, industry, and more. Then, you receive a pay snapshot that shows how your total pay (including things like bonuses and overtime pay) compares to people in the same job at a similar company with a similar background and cost of living as you.įor more information, you can also select “Learn more about your pay and benefits” for a more detailed breakdown. How It Works: First, PayScale asks specific questions about your job title, education, skills, location, and experience in a short survey. Their data pool is large and grows all the time. PayScale pulls data from website visitors who add their salaries and roles as well as from employers representing over 40 industries. PayScale is a salary calculator that provides a free salary report based on information about you. Here are the Top Salary Tools that I recommend checking out to help you figure out how much you should be getting paid. They’ll help you gather salary data before you negotiate with an employer or when determining other life choices, like what to expect salary-wise if you relocate. There are several innovative tools out there that can help you determine the number that’s right for you. This includes speaking to colleagues and friends, but it also includes taking to the internet for some number-crunching. And for women of color, it’s worse: Black women earn about 63 cents per every dollar that white men make, while Latinas make 55 cents under the same comparison.Īll of that to say, if you’re looking to calculate salary, it’s important to do your research. ![]() According to Pew Research Center’s, women make roughly 84% of what men earn. Secondly, we’ve got the wage gap to consider. For one, it helps employees understand what they should be making compared to colleagues or other professionals in the same industry or role. ![]() Jessica Bennett explains in a New York Times piece that millennial women are having salary conversations with one another more often and that this is a good thing. ![]() Plus, talking about salaries has traditionally been a conversation we’ve been taught to avoid, though we’re seeing a movement toward open and honest conversations about salaries. There’s a lot to take into consideration when determining your desired salary besides the actual role itself-your experience, your skillset, the cost of living, the size of the company, and the company culture (think start-up or corporate). The catch is…it can be particularly challenging to do this. Whether you’re just starting out in a new industry or you’re looking to negotiate for an upcoming promotion, you want to be as informed as possible about what you should be earning. It’s always important to keep an eye on your current-and your desired-salary. ![]()
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