How do you find the market value of your job?

To accurately assess your fair market value, start with reliable employer-reported pay data like that found on Salary.com and follow these three steps:

1. Match your job description to a benchmark job.
2. Assess employer factors.
3. Evaluate your performance and compensable attributes.

What happens if my employer owes me money?

You can file a complaint with the U.S. Department of Labor’s Wage and Hour Division, and include information regarding your job title, pay, hours, and additional information from pay stubs and other payment information. You can also pursue your case at a state level, with state labor and employment division resources.

How do you know if you are underpaid in a job?

4. You are underpaid if there are other existing positions in your area that require someone with your experience, and those positions pay more than you’re earning now. You are not underpaid if you have terrific, unique experience but nobody in the area is looking for the set of experiences you possess.

Are You underpaid if you work for the same company?

You are not underpaid if you check salary survey sites and find no other roles with similar responsibilities in your local market. If there is only one employer who could employ you in your area and you already work for them then you are paid the prevailing market wage, because your employer owns the whole local market.

Does being underpaid mean you’re underpaid in the future?

What’s more, because many companies base their salary offers not on their own pay scales but on what you were previously paid, “being underpaid now can very well mean being underpaid in the future,” Copeland says. But there’s good news!

Are You underpaid in your local talent market?

Here are ten signs you’re truly underpaid relative to your local talent market — and ten signs you’re not: 1. You are underpaid if recruiters regularly contact you to tell you about other local jobs with similar responsibilities that pay several thousand dollars more than you’re earning now.

https://www.youtube.com/watch?v=zBQa48lLuVg