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