What’s Your Worth?September 19, 2008
Are you in the job market or considering a new career? I have a tool for you! AAUW’s new partner organization Job Search Intelligence recently launched a free fair pay compensation tool that can help you determine your personalized target salary goal. The tool asks you for information relating to your personal background, education, and employment history and the geographic location where you are seeking a job. Then it gives you many valuable pieces of information, including
- your market ranking
- how many people in your target area have the job you’re seeking
- the annual average salary range and median salary of the people in your area with the job you’re seeking
- the salary the market will likely offer you based on your background and qualifications
- the salary the market would offer someone with your same qualifications who is gender-neutral and race-neutral (this will show if you have a good chance of being offered less or more money than the market average because of your gender or race)
- the estimated number of weeks it may take to find a job in your desired field
- three alternative jobs you may consider
- the three geographic locations where the pay is the highest for the job you are seeking
This information can help you make informed career choices and give you tools to engage in intelligent salary negotiation with a future employer, particularly if you are a woman and/or a person of color. In Behind the Pay Gap, AAUW found that just one year out of college, women working full time earn less than their male colleagues earn, even when they work in the same field. Being informed about the salary in your field can help you know when you are being shortchanged and provide you with accurate data about your worth. Learn more about pay equity in the public policy and legal advocacy sections of the AAUW website.
Do you have any advice for job seekers when negotiating their worth?