When you’re looking for a new position, this will be one of the first questions that will cross your mind. You want a role that you like… but you’d quite like to be paid an accurate rate of pay too! So how can you find out if that ideal role carries a suitable pay scale?
Your first port of call should be the online salary-related websites. There are several of these sites around – conduct a quick search in Google and you’ll find them. The important thing to remember with these sites is they ARE a great start – BUT they won’t take into account those outside factors that will influence your pay scale (as illustrated by the following sections below).
This is one of the main influential factors in deciding the rate of pay you’re worth. If you’re fresh out of school, you cannot expect to receive the same amount of pay that someone with 5 years of previous experience is getting. However, this works the other way too – you should be getting paid more than those with less experience to you.
Awards and training
If you’ve had previous training in an area relevant to the position you’ve got (or are applying for), this will have a knock-on effect with the salary you should receive.
When applying for another position, make sure to list any training and awards you have achieved – as we tend to ignore them in favour of qualifications and previous experience when listing our accomplishments.
Another factor to take into account when working out a pay scale, and one that makes the salary more specific for you, is the responsibilities the job entails OR the responsibilities you’ve been given over and above your basic position.
When you’ve been in the same position for a while, it is not unusual for your boss to give you added extra responsibilities, as they see how efficient you are or how trustworthy you have been. Depending on what these extras are, your salary should reflect these added responsibilities – especially if they involve being a key holder, training other staff or working longer hours.
Finally, when working out if you’re on the right pay rate, remember to take into account any bonuses you may be getting. Do you get annual bonus payments? Do you get free gym membership or a travel allowance? These should all be taken into account when working out if you’re being paid a reasonable rate of pay for the position you have (or are) applying for.
What do you consider most important when assessing if you’re on an accurate rate of pay? Do you believe there are other factors to consider, when working out your pay – other than those mentioned above? Why not share your thoughts and opinions in the comments section below.
Serge Bertasius Photography & Stuart Miles/FreeDigitalPhotos.netShare