Top Signs You’re Underpaid And What You Need To Do

The bottom line is that everyone goes to work to earn money. While it is a bonus if you enjoy the work, the simple truth is you are there for the money. That means it’s nice to earn good money and feel appreciated. 

Unfortunately, this feeling can quickly nosedive if you feel you are underpaid. You should note that while there is a noticeable gap in pay between genders, you can still be underpaid in comparison to another person of the same sex.

Dealing With Underpay

If you feel you are being underpaid then the ideal approach is to talk to your employer and get them to rectify the situation. It’s best to ask for a meeting and even share the issue before the meeting. Then, simply state your case and hopefully they will see your worth and adjust your pay.

In many cases, it is not this simple and you’ll need to get a reputable compensation lawyer Burwood to step in and fight your corner. Simply explain everything to the lawyer and they’ll guide you.

Signs You Are Underpaid

Of course, before you can tackle being underpaid you need to establish that you are underpaid. This may mean you are earning less than others in the company doing the same job or that you are not being paid what your qualifications and experience should be getting you. 

  • Talk To Colleagues

The most obvious way of deciding if you are being paid less than colleagues is to ask them what they are getting. In the past, this was simply not done. But, today people are more open to sharing their earnings.

It’s worth asking to see how they compare, you may even be pleasantly surprised. 

  • Look At Industry Guidelines

Next, you’ll want to look at what others in your industry are getting doing similar roles. This means looking at job adverts and industry guidelines to see what salary rates are considered acceptable. 

If yours is significantly different you are likely to have a good case for a rise. 

  • Consider When You Last Had A Payrise

While thinking about the money you should spare a moment to consider when you last had a rise. Most companies offer an annual review although there is no guarantee of a rise. If you have gone several years without an increase you are likely to be underpaid. You will also need to ask yourself whether you have taken on more responsibility in recent years. If you have, this should be reflected in your earnings, if it isn’t then you are certainly underpaid. 

Talking To Your Boss

When you bring up the topic with your boss make sure it is within the confines of a personal meeting. This gives you an opportunity to explain the homework you have done and why you think a rise is justifiable. 

A private meeting gives them the opportunity to reflect and to raise your salary without raising everyone else’s. The company may not be able to afford that scenario.

 

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