All workers deserve proper compensation for their efforts. Every dollar counts when trying to make ends meet.
Over time, you might develop a lingering suspicion of being underpaid. This is especially true if your workplace becomes hostile. In such instances, it makes sense to investigate the situation.
Step 1. Research industry standards
Begin by investigating how much the average individual earns for performing your role. Online resources such as salary surveys, government labor statistics and job market reports provide valuable insights into the adequate level of compensation for someone in your position. Compare this data with your current salary to determine if you are within the expected range.
Step 2. Evaluate your experience and skills
Objectively assess your qualifications. Consider whether you have new abilities or are taking on more responsibilities since your last salary negotiation. Your pay should accurately reflect the value you bring to the organization.
Step 3. Document your achievements
Compile a list of on-the-job accomplishments, responsibilities and contributions as evidence that you are valuable to the organization. Presenting a clear case based on your performance will strengthen your hand in negotiations.
Step 4. Schedule a meeting with your supervisor
Once armed with data and a solid argument, present your findings to the appropriate higher-up. Approach the conversation professionally, and bring up any evidence that you are being retaliated against. Stress that companies have an inherent self-interest in rewarding hard-working employees. One study suggests that those who feel they are progressing in their positions are 20% more likely to stay at their jobs.
By taking a proactive stance, you empower yourself to address and rectify potential underpayment issues. Remember that knowledge is power when it comes to advocating for fair wages.