So, you’ve completed the application, nailed the interview, and provided all your references. You finally got the job offer! But is the salary fair? Only one way to find out. These salary research tools will help you determine how fair a salary is.
Every successful salary negotiation starts with one very important step: figuring out what a fair salary looks like.
Many factors influence salary including: location, company size, experience, education, and benefits. It can take some researching skills to find an accurate estimate, but with online tools, this is now easier than ever.
If you’re wondering how your job offer compares to others in the area, check out our five recommended tools for salary research.
Glassdoor gives you a glimpse into a company’s culture through employee reviews, insight into offered benefits, and CEO ratings, among other features. Most importantly, however, it provides salary data.
What to do: Search the job title that best fits the positions you are considering and select the city where you are job searching. Narrow down by industry, years of experience, and even company size. For more information, check out some related job titles.
Note: To access all the data, you will need to create a free Glassdoor account and leave your first company review.
If you are searching for a new job, chances are you already have a LinkedIn account. It’s one of the best professional networking tools currently available. But did you know you can also get salary insight through LinkedIn Salary?
What to do: Search by job title and location. The search will show you an annual base salary. To get a more accurate estimate, specify your industry and years of experience.
Note: You will need to share your own salary information before you can narrow results by industry and experience.
Salary.com is a tool specifically designed for researching fair salaries. Like the websites above, it will provide you information for any position you are considering. However, it’s also built for easy comparison between job titles and roles. If you’re considering very different jobs, this is a good tool to have at your disposal.
What to do: Search by job title and location. You will be given different titles to choose from and compare. Click on whichever title(s) you are interested and you will get estimated salaries.
Like Salary.com, Payscale was specifically designed to provide salary data. It offers salary reports for over 100,000 job titles, as well as general salary trends.
What to do: Select the option to get your pay report and continue through the guided process. You’ll be prompted to enter job title, years of experience, and location.
Indeed might be better known for its job board, but it’s also an excellent tool for salary research. It allows you to research companies, providing you employee reviews, salary satisfaction ratings, and insight on offered benefits.
What to do: Begin by entering your desired job title or company. You will see the average hourly salary, as well as salaries for specific job posts. You can then narrow down results by location.
Now that you know what a fair salary looks like, what’s next? If you’re happy with your job offer, congratulations! It’s time to let them know you accept. If not, however, then it’s time for the dreaded salary negotiation.
Don’t worry, we’ve got you covered! Check out our Salary Talk guide to learn all the ins and outs of negotiating a salary.