Most people enter an employee/employer relationship with certain expectations; chiefly, that in exchange for honest work, they will be given a fair wage. However, whether looking back through the pages of history or your own resume, employers have often underpaid their staff whether purposefully or because they are unaware of current market values.
How do you know you are not getting paid what you’re worth? How can you be sure you deserve more? Are you being underpaid? Below we’ll explain how to figure that out:
The Internet Says
While we recommend being wary of things we find online, when it comes to average salaries of just about every job under the sun, you can have a little more faith. And while this may not be an accurate representation of what the market looks like, it can give you some good direction as to whether you are being paid fairly.
Your Workload Increases but Your Paycheck Doesn’t
Are you finding yourself given more and more responsibility at work? Do you find yourself always picking up the slack for others or just simply being asked by your superiors to do more? While that is all fine and good, you should remember that new roles and responsibilities should come with their own adjustment in your compensation.
You’ve Been with the Company for Years
Your compensation and rate of pay must reflect a senior worker status. Organizations should reward good, committed workers who have tenure with them. Training a new employee can be expensive, and it is often advantageous for companies to hold onto their best staff.
You Didn’t Negotiate
When it comes to negotiating your salary, the most important thing to remember is that they will rarely come out offering their best. So, if you accept what they offer you, then chances are you are leaving some money on the table – money that could have been in your pocket.