The Homa Files

Punch line: What goes into determining pay?  Here are 8 tips to discover the salary you deserve.

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Excerpted from Forbes, “How To Figure Out What You Really Should Be Paid”

Not sure if your salary is commensurate with your skills and accomplishments?

Curious how your pay measures up to others’ in your field? Want to know what you’re really worth?

Here’s how to determine your value in the labor market:

1. Look online…. lots of sources … use them
2. Factor in your prior experience.
3. Consider your location.
4. Adjust for your level of education.
5. Delineate your responsibilities.
6. Consider awards, on-the-job training and courses taken.
7. Factor in your soft skills.
8. Be honest about your level of contribution and accomplishments.
9. Discuss salary with other professionals in your industry.

Figuring out what you should make isn’t easy, but doing your research can make a big difference when it comes to being paid fairly.

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This entry was posted on December 4, 2012 at 6:01 am and is filed under Careers & Interviewing, Compensation - Executive Pay, Salary & Compensation. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.