You should get the money you deserve based on the quality and the quantity of work you perform. Although the global recession is slowing down, its aftermath is yet to end. This means that you need to continue working hard and check you spending habits in order to stabilize your finances and to help you get through the crisis.
It is important that you keep track of the money you are earning. Be sure that you have enough information on the income range of your job to see if your career income is equivalent to what you should be ideally earning.
You must search for income charts that can give you some idea on the ideal rates you should get from your job. Look at the following websites and learn about the levels of income corresponding to your job.
- Go to payscale.com. In this website, you can check the salary range of almost all kinds of jobs. Aside from the salary, you can also browse for each job’s typical hourly rates, bonus or allowance rates, and vacation weeks. By checking these details, you can be sure that you are getting the right compensation from your employer. If you are in the United States, you can modify and limit your search by inputting in your state or city and the amount of time you have been working for your employer. If you live outside USA, you can type in the country where you live and use the pay scale sites that are compatible with your country.
- Visit aflcio.org. This website is maintained by a group of labor unions in the USA. The website provides substantial information regarding urgent concerns on the economy and society. You can view information about civil and human rights, work and family, education, retirement security, jobs and wages and many more. In the jobs, wages and global economy section, you can search for the average annual wages, average household income and other capita personal income details. After inputting the state where you live, you can view the statistical data showing the job wages that you should be given for your line of work.
- Check out economy and business magazines. If you check out magazines and informative journals like The Economist, Fortune Magazine, Forbes, Business Week, Red Herring, Black Enterprise Magazine, Fast Company and others, you will find job income charts which can give you details about your income range. If getting copies of these magazines is difficult for you, you can log in to their respective websites for free and accessible information. If you want to be updated with the changing trends in managerial income, job wages, and work benefits, you can choose to subscribe to these site’s newsletter programs.
If you put in effort in your work, you need to be compensated accordingly. To make sure that you the wage that you deserve, follow these steps. If you find out that you are underpaid, you can look for job alternatives or ask for a raise.