Work + Money

Thursday, August 28, 2008

How to use what you know about co-workers' salaries

Getty Images

Getty Images

Admit it. Some days you really, really want to know what your co-workers are getting paid, even if you think you are being paid a fair salary that matches your experience and hews closely to the industry norm. Yep, we all want to know we're valued as much as the next guy or gal, and that our fair salary is truly fair.

Web sites like Salary.com, Vault.com and SalaryExpert.com are helping take the guesswork out of salary ranges. Use them to get a good gauge of where your salary fits within your industry. And if you happen to find out what a co-worker at your level makes, too, use that in the mix of information to help you decide what you think your fair pay should be. But don't take those numbers and run into your boss' office demanding more money because a colleague gets more. Bide your time and get a plan.

As this HotJobs/U.S. News & World Report article notes, should your research on the web and off turn up the fact that you're getting paid less than others in your industry and in your office, that doesn't mean you should go careening into your manager's office demanding a raise. It does mean you should use the information to carefully craft a pitch for a salary increase. The fact that another employee earns more than you is not in and of itself a reason you should earn the same amount. Linda Rolie, a career counselor, tells U.S. News & World Report that we each need to stand on our own merits, contributions, skills, performance, and money saved and/or earned for the company when arguing for a raise.

If you learn that salaries are far apart among your colleagues, it's fair game to ask what accounts for the difference in pay at the high end and low end of the pay spectrum, be it  education, performance, experience, or a combination of all. Check out the full article here, but remember that the more information you know about salaries, the better position you will be in to negotiate the best possible salary deal.

 
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From the Community…

Comments 1-7 of 7
  • Yen-Han's Avatar
    Posted by Yen-Han Tue Jul 8, 2008 6:59am PDT

    I have been with this job for 1yr but didn't get hired until January, many people came after me and got promoted. I feel being a temp to hire for 8month cause me not get a raise or a promotion what can I do to let my boss know that it time I get a raise.

    Report Abuse
  • Yen-Han's Avatar
    Posted by Yen-Han Tue Jul 8, 2008 6:59am PDT

    I have been with this job for 1yr but didn't get hired until January, many people came after me and got promoted. I feel being a temp to hire for 8month cause me not get a raise or a promotion what can I do to let my boss know that it time I get a raise.

    Report Abuse
  • $$$'s Avatar
    Posted by $$$ Tue Jul 8, 2008 12:03pm PDT

    Ive been at my job for 2yrs I think I get paid well..but my coworker gets paid the same and she dont do a thing. All she does is IM all day so it looks like she's working and the worst thing about it is when someone asks her for help she complains. I need to get paid more just having to see her do nothing all day.

    Report Abuse
  • clarkms703's Avatar
    Posted by clarkms703 Wed Jul 9, 2008 9:48am PDT

    learn grammar it may help

    Report Abuse
  • cbabe02g2's Avatar
    Posted by cbabe02g2 Wed Jul 9, 2008 5:53pm PDT

    this check thing through the irs is a bull i pay child support and they take my tax refund why cant i get my check why does the goverment get everything the government sks

    Report Abuse
  • arieldrummond's Avatar
    Posted by arieldrummond Wed Jul 9, 2008 6:29pm PDT

    MORGANWSDDWDFWD

    Report Abuse
  • arieldrummond's Avatar
    Posted by arieldrummond Wed Jul 9, 2008 6:29pm PDT

    MORGANWSDDWDFWD

    Report Abuse
Comments 1-7 of 7

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"Perspective is a tough thing to keep, especially when things get tough, but I try. I try to remember what it was like before I became a mom, when I was just a tough-cookie career woman. Coming home from difficult days at work I’d try to drown out the stress with a workout, some silly TV, going for a walk and grabbing some takeout with my husband. It helped, but nothing helps like a smile and a hug from my daughter, and knowing (however difficult it might be to remind myself of this after a punching-bag day) that everything is just fine as long as I can come home and be her mom."