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What Am I Worth? Understanding Your Salary

A M WHAT Worth? UNDERSTAN DING SALAR Y Considerations L OCATION - - 1 • Consider Living Costs - City living offers higher salaries than small town or villages • Industries that pay higher for inner city may include; Design, IT, Engineering, Health professionals • Don't compare your salary to the 5 main cities - look at roles closer to home L - - - UK MAIN CITIE S LONDON London Manchester Birmingham Cardiff Liverpool JO B ROLE • If you go above and beyond - is it expected? • Are your duties in line with those in similar industries? • Do you take on additional roles that are outside your job spec? • Have you received additional training / qualifications? EXPER IENCE - - 1 Your worth is dependent on what you offer Relevant experience means higher value • Understand what experience is valued in your role 4 C O M PANY SIZE • Small start ups don't pay the same as established companies • Understand where the business is in terms of its growth Salary Banding Check if there is a hierarchy structure with salary banding aligned. They often look like this: TOP MANAGEMENT BOARD F Strategic Business Direction EXECUTIVE MANAGEMENT DIRECTORS E Strategic Execution / Long Term Planning SNR / MIDDLE MANAGEMENT Interpretive / Tactical Management MANAGERS ADVANCED OPERATIONAL SUPERVISORS Routine / Process / Systems OPERATIONAL OPERATIVES B Automatic / Operative / Sub System BASIC LABOUR A Defined / Primary Skills WHERE DOES YOUR SALARY FIT? Find out whether your company has a banding structure such as this to align your expectations. Use a Salary Calculator- Gain an in depth understanding of what the average salary is for your role, based on: + ROLE AREA EXPERIENCE USE A SALARY CHECKER SUCH AS THIS: salary Calculator Salary Calculator Salary Caloulator t temps work of recruitment Seary Calottar

What Am I Worth? Understanding Your Salary

shared by CreareInfographics on May 02
Salary is always a hard subject when it comes to discussing with friends, family or managers so it’s important to know what you’re worth in your location, industry and for your job role before ass...


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