How Does Your Salary Compare to Your Peers?

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Magnus Wilson
How Does Your Salary Compare to Your Peers?
  1. Can employees compare salaries?
  2. Should I be paid the same as my colleague?
  3. How do you calculate salary comparisons?
  4. How do I tell my colleagues salary?
  5. Why salary is confidential?
  6. Can I be fired for discussing my salary?
  7. Is it illegal to pay someone more for the same job?
  8. Is it legal to pay someone less for doing the same job?
  9. Why am I getting paid less than my coworkers?
  10. Is it OK to ask for more money when offered a job?
  11. What should I put as my desired salary?
  12. What is a good yearly salary?

Can employees compare salaries?

Employees are prohibited from discussing their salary or wage levels and company benefits with other employees. Such information is confidential and may not be discussed in the workplace.

Should I be paid the same as my colleague?

Key facts. People doing the same job or work of equal value should get the same or equal pay; but in many cases they don't, even though though the law says they should. ... You are entitled to the same pay as anyone doing the same or broadly similar job, or a job of equal value, regardless of gender.

How do you calculate salary comparisons?

Best salary information websites

  1. Salary.com. The most popular salary-specific job site, Salary.com lists every position in a field with free salary info. ...
  2. Glassdoor. Glassdoor is known for its extensive company reviews and employee feedback. ...
  3. PayScale. ...
  4. Indeed. ...
  5. SalaryList. ...
  6. Salary Expert. ...
  7. Bureau of Labor Statistics. ...
  8. Job title.

How do I tell my colleagues salary?

Glassdoor.com is the go-to for most salary sleuths, but it's not the only resource. Thanasoulis-Cerrachio recommends also checking out Payscale.com, GetRaised.com, Vault.com and Wetfeet.com. “People are very willing to share, because it's so anonymous,” she says.

Why salary is confidential?

But why make salaries confidential? That's because people would never be satisfied with what they're receiving no matter how the organization tries to maintain an objective salary scale galvanized by an annual industry survey.

Can I be fired for discussing my salary?

No, you cannot be fired for discussing wages at work. The majority of employed and working Americans are protected from discipline exercised simply due to protected classes, such as age, gender, race, and so forth.

Is it illegal to pay someone more for the same job?

Specifically the EPA provides that employers may not pay unequal wages to men and women who perform jobs that require substantially equal skill, effort and responsibility, and that are performed under similar working conditions within the same establishment.

Is it legal to pay someone less for doing the same job?

The Equal Pay Act doesn't allow your employer to pay you less than a coworker doing a similar job. Congress passed the EPA in 1963, mostly to ensure that women earn the same pay rates as men doing similar work. However, the law protects both genders.

Why am I getting paid less than my coworkers?

Why You Might Be Paid Less

Salaries are often negotiated, and factors like education, experience, job performance and skills all can make a difference in what people are paid. The job itself and the value the employer places on it factors in, as well.

Is it OK to ask for more money when offered a job?

Always negotiate for a higher salary when you are hired, or for a raise while you're on the job. If you don't, chances are you're costing yourself a lot of money. “All of your bonuses and all future raises come on that base salary,” says Robin Ryan, career counselor and author of 60 Seconds and You're Hired.

What should I put as my desired salary?

What to Put for Desired Salary on Job Applications. The best way to answer desired salary or salary expectations on a job application is to leave the field blank or write 'Negotiable' rather than providing a number. If the application won't accept non-numerical text, then enter “999,” or “000”.

What is a good yearly salary?

What are the factors that would determine if it is a good salary or not? "The median weekly earnings for full-time workers were $854 in the fourth quarter of 2017, according to the Bureau of Labor Statistics (BLS), which translates into an annual median salary of $44,408,” says Jill Gonzalez, an analyst at WalletHub.


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