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You might be underpaid and need ask for a raise.
Glassdoor.com found in a survey that the majority of its users are underpaid — by $4,700 on average.
Here are some signs that your salary is too low and you ought to ask for a raise, as well as steps to do it.
Feeling like you might be underpaid can be one of the most disheartening aspects of work.
“It stands to reason, because for many, compensation is a concrete litmus test of how well you’re performing and progressing on the job — and how highly you’re valued,” said Lynn Taylor, a national workplace expert and the author of “Tame Your Terrible Office Tyrant: How to Manage Childish Boss Behavior and Thrive in Your Job.”
What’s crucial, if you realize you are underpaid, is to ask for a bump — not suffer in silence.
“The important thing to remember is that if you don’t ask the answer is always no,” career and wellness coach Joanna Echols told Business Insider. “Even if you don’t get the raise right away, and you are an exceptional performer, the raise discussion with your boss is a great opportunity to reinforce your accomplishments and explain your future plans of adding more value to the company.”
Here are 16 signs you’re not being paid your worth, and what to do to boost your salary:
A similar job listing on your company website offers higher pay
“If there are multiple positions like yours at the company, the job description closely resembles yours, and the salary is higher, that’s one of the most obvious signs,” Taylor said.
Stay on top of this by occasionally searching your own company’s job postings to monitor what new employees are being paid, “and to see if that feels reasonable given your current level of experience and role in the company,” said Michael Kerr, an international business speaker and author of “The Humor Advantage.”
Your firm’s revenue has taken off, but your salary has barely budged
If your company isn’t public, it’s harder to obtain hard numbers about revenue growth.
But you likely have a sense of whether your company is booming or busting. If it’s the former, you have a good reason to argue for a raise, Taylor said.
The salary for your first job was below market, and it hasn’t changed much since
By Antonio Guillem/Shutterstock
Think back to the salary you accepted for your first job — maybe you accepted a salary you knew was low because you were desperate.
Now consider how your pay progressed from there. If it hasn’t changed much, you’re probably underpaid.
“It can be difficult to play catch-up if you started low,” Taylor said.
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