There are loads of people who are underpaid on their current
job.The reasons for this can be numerous-a small organization, financial downsturn,the
company having a bad year, downsizing of teams and so on.People think changing
jobs is the way to beat this-that I’ll get a raise on my next job, but
typically the raise is not enough to get you upto market rate.Despite multiple
job changes, you are still underpaid .You feel worthless and your self -esteem
takes a hit.You don’t even want to try for a new job anymore.
How does one fix this:
1.Know your worth-Know what a person of your
experience,qualification is being paid in your geography.Use market salary
surveys and websites like glassdoor and payscale.Establish a range of salaries
for your said role.Also, don’t let them use your current salary as a basis to
pay you less than market rate.
2.Never state a number-On a job interview, when asked how
much you would want to be paid, always state a range based upon your research
and push for top of range.
3.Negotiate-Put your best foot forward, sell your skills and
negotiate till the numbers rise in your favour.
4.Don’t appear desperate-Don’t agree to the first offer on
the table.If it is not to your liking, appear cool and continue to talk about
it with the manager.If they want you, they will do it.
5.Be willing to walk away/don’t
settle-If it’s a lowball that won’t change, be willing to walk away and keep
looking till you find one which is fair.
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