You were probably in the last semester of college and your starting salary was good enough to make you feel at peace (I know very few of us are satisfied with that)…
Remember your first offer letter? You were probably in the last semester of college and your starting salary was good enough to make you feel at peace (I know very few of us are satisfied with that). But ten years down the line, when you’d have gained enough experience or would have acquired a degree more or two, how exactly would you know what your worth is? We tell you few of the best ways to find out if you’re underpaid. Read on!
1. Contacting a recruiter
Recruiters spend their whole day picking apart resumes and conducting in-depth interviews so as to get on board a professional who matches their requirements. It is their job to mark the best in a candidate’s resume and buy it for the best optimal price possible. So, why not use this to your importance? Even if you’re not ready to leave your job, use your resume to know your true worth.
I’m very sure that having worked in an organization for quite some time, you might have developed a social circle in the corporate world. Use your network to know what you’re worthy of. If at any time in your career you feel that you are not being paid as good as your performing, ask your peers in the same field about the way they are being rewarded and then talk to your recruiter. There are chances that your recruiter is well aware of your worth, and yet has not given you a raise, because you are too polite to ask for one.
3. Social media websites
Maybe you don’t want to switch to another job, because you totally love your job profile here. But at the same time, you also know that you’ve been working hard and getting nothing in return. Time for a reality check. With social media, especially professionally linking websites like LinkedIn gaining popularity like never before, you could reach out to recruiters who are happy to have you on board and know your true worth.
Think of a situation where a recruiter reaches out to you and believes that it’s easy to lure you with a higher pay and a better profile. While you may not be very keen on switching jobs, this will inspire you to think that the other recruiter believes in your qualifications.
4. Salary Calculator
If you’re looking for some detailed and quick research, you can take the help of certain websites, which aggregate data from employers and employees to provide salary ranges for different careers. However, what these sites don’t account for is your education, your responsibilities and the type of organization you are working for. So, while you can cross check about your salary on this, it should not be the only thing you rely upon.
Having performed your research, you do not straightaway go and confront your boss about it. Use the information you’ve gathered and make an informed and rational decision, which will be in your career’s best interest.