How To Find Out How Much You Are Worth

The 8 Best Tools to Calculate Your Salary + Know Your Worth

Hither are the elevation tools to summate your salary and know your worth inside your manufacture.

It'due south always important to proceed an middle on your current—and your desired—salary.

Whether you're just starting out in a new industry or you're looking to negotiate for an upcoming promotion, you want to be as informed as possible about what you should be earning.

The catch is…it tin be particularly challenging to practise this. There's a lot to take into consideration when determining your desired salary besides the actual office itself—your experience, your skillset, the toll of living, the size of the visitor, and the visitor culture (think outset-up or corporate). The list goes on.

Plus, talking nigh salaries has traditionally been a chat nosotros've been taught to avoid, though we're seeing a motility toward open and honest conversations about salaries.

A contempo New York Times slice by Jessica Bennett explains that millennial women are having salary conversations with ane another more oftentimes and that this is a skilful matter. For one, it helps employees empathize what they should be making compared to colleagues or other professionals in the aforementioned industry or part.

These honest conversations have the potential to bring compensation discrepancies to light. "How tin can you know that you're being paid less than other races or genders if yous don't know what your colleagues make?" Bennett asks.

All of that to say, if you lot're looking to calculate salary, it's important to do your research. This includes speaking to colleagues and friends, but it too includes taking to the internet for some number-crunching.

There are various innovative tools out there that can help you determine the number that's correct for you. They'll help you gather salary data before you negotiate with an employer or when determining other life choices, like what to expect salary-wise if you relocate.

We've rounded upward the top bacon tools to help yous figure out how much you should be getting paid.

PayScale

PayScale is a salary calculator that provides a free bacon report based on information about you. PayScale pulls data from website visitors who add their salaries and roles as well as from employers representing over 40 industries. Their data pool is large and grows all the time.

How It Works: Outset, PayScale asks specific questions about your task title, education, skills, location, and experience in a brusk survey. So, yous receive a pay snapshot that shows how your full pay (including things like bonuses and overtime pay) compares to people in the same job at a similar company with a similar background and toll of living as you.

For more than information, you can as well select "Learn more almost your pay and benefits" for a more than detailed breakdown.

PayScale likewise has supplemental tools to aid you gain a more rounded moving picture of your worth, such every bit showing how your compensation would compare if yous worked at a unlike company, had a dissimilar caste or earned an additional one, or were a unlike gender, and a cost of living reckoner to aid y'all if you're seeking a chore in a unlike location.

For a quick snapshot without having to enter in as much information, you can besides practise a quick salary search job championship, company, industry, and more.

Price: Free

Great for: Getting really thorough. For their most detailed reports, PayScale requires you to go through all your benefits, who you manage, and your responsibilities before it gives you a number. PayScale also lets you plug in a task offer, which is super cool if you're interviewing currently.

The Salary Projection™

The Salary Project™ lets you navigate a database of over 60,000 salaries from women across the globe, to give you lot a personalized experience then that you can look at salary research that'due south relevant to you.

You lot tin can see existent salaries from women working in your state, urban center, dream industry, current office, and more.

Rebecca Jarvis ofSkilful Morning America called us "ane of the best resource out in that location [to] find out what other people in your field are making, and then you know you're in the realm of a respectful enquire."

How Information technology Works: First, you'll consummate a 10-question survey most your ain feel and salary. This information is added to our anonymous database and will exist used to help others compare salaries every bit well. Then, you'll see a personalized bacon report that shows you lot how your salary compares to others that have been submitted to The Bacon Project™. You can too complete 1 more quick, anonymous survey and so view the entire The Salary Project™ database, which includes thousands of salaries that you can filter through.

Price:Free

Keen for: Seeing real salary data from women and creating a personalized report based on age, industry, job function, city, ethnicity, and more.

You have complete independence when navigating the database, which gives yous unparalleled liberty to data in comparison to other tools.

Glassdoor's Know Your Worth

Glassdoor has e'er offered salary information about companies or by position (numbers provided direct from Glassdoor users themselves), but their Know Your Worth tool can aid y'all understand your potential earnings improve. It provides a personalized salary reckoner that gives you a "custom salary estimate" with your location, experience level, and other important factors taken into business relationship.

How It Works: Enter your employer, location, job championship, years of experience, and current salary, and Know Your Worth will utilize an algorithm that factors in bacon reports and market trends (not counting bonus compensation) to give you a base figure y'all should be earning.

This tool too reveals how this effigy would change if you lot moved to a unlike city or gained more than experience.

Don't similar the figure? Because this tool is on Glassdoor, it's like shooting fish in a barrel to start chore hunting right and so and there—especially since it lists job openings underneath the results.

As well, since the figure relies on the market place, make certain to bank check your worth often considering it tin can change weekly.

Cost: Free

Great for: The nigh all-encompassing, crowdsourced answer. Since Glassdoor is one of the biggest salary sites out there, your bacon is getting compared to more people in your field.

Salary.com Salary Tool

Salary.com has an extensive list of all positions in a field, including required skills and—surprise—bacon details. You tin filter bacon data past categories, industry, and income levels. Their Salary Magician tool allows y'all to search via job title and compare information from their database to your own potential or electric current bacon. It even includes benefit comparisons, boilerplate time off, bonus amounts, and price-of-living calculators.

Since Bacon.com is one of the original compensation sites, it as well contains a lot of great information, including an agile blog and communication on all things money and jobs.

How It Works: Salary.com'due south Salary Tool provides a couple of piece of cake ways to search. You can research via job title lone, or you lot can enter in your own office and location and information technology automatically provides you a personal bacon breakdown every bit well as breakdown of benefit options.

The official bacon report includes worksheets that will assist you calculate numbers that are right for you, in the event that yous're negotiating a salary or raise.

Toll:Free to compare positions, $29.95 and up for a personalized salary report.

Smashing for:Getting details well-nigh similar positions in your expanse, peculiarly if you have a common job championship. Nosotros call up their free comparing tool is the virtually helpful choice they offering.

LinkedIn Bacon

LinkedIn Salary is a game-changer to the selection of salary tools. It calls upon its network of more than than 800 meg-plus members to provide compensation insights.

It non only shows the base bacon of any given chore championship but includes details such equally stock and annual bonus. It also shows users' top paying locations, industries, degrees, and companies and highlights how company size can bear upon your pay.

Even better, this tool also offers a await at the future by providing details on how users tin can expect their salary to modify based on current and futurity experience in the field.

How It Works:To view their compensation insights, you'll commencement need to submit your salary data to their database. And then, y'all'll add together your skills and level of experience. Once you've done this, you'll view amass salary information that's specific to your position.

You'll also be able to compare salaries for the same office in different cities, company sizes, and more than. Plus, LinkedIn's job database automatically shows you some open positions that might involvement you, in the event that you lot're searching for a new job.

Price:Free

Great for:Seeing both your "right at present" bacon and also how you can look information technology to abound in the future. Information technology'south too helpful for computing what to look with other types of compensation, like tips, bonuses, commissions, and more.

Bacon Adept

Salary Expert's bacon tools pull compensation and career data from the Economic Inquiry Institute, and they boast salary information from over ane,100 industries and 11,900 jobs.

While many of their salary tools are specific to employers who are looking to set pay, they besides provide options for employees who are seeking bounty data. Nosotros like their site for their quick bacon comparison options.

How Information technology Works: Salary Adept is one of the less "personalized" options, as information technology allows y'all to simply sort through their database based on job title alone. You tin can browse some of their most-searched job titles and instantly see an average bacon, or you can enter your ain job title and location in order to meet a gross salary for your function specific to your location.

The graph they provide when yous search via location shows an average salary for various feel levels and includes an estimated earnings graph. Plus, their price-of-living data explains how your city compares to others in the United States.

Their site also links out to roles that you might find intriguing if you're on the job hunt.

Price: Free

Great for: A quick comparison of salaries for roles in your area—or an idea of what to expect salary-wise for specific jobs if you lot demand a general number.

Indeed'due south Salary Tool

Indeed's bacon tool and website isn't the most intuitive, but it still provides helpful information if you lot're looking for a general salary number. Browse by manufacture, company, or career, and you can come across what to expect regarding boilerplate salary, other compensation options, cities that are best for certain roles, and more.

How It Works: Enter your chore title, company, location, experience level, and any applicable skills, and Indeed volition show you a graph that demonstrates what others in your role and city more often than not earn.

From at that place, you can search their pages on salaries and benefits to run into a less location-specific view, including the average salary for that function in the United states of america, the top companies for that part, and the cities with the highest salaries for that office.

They also include a comparing tool that lets you enter ii locations to see where the salary is by and large the highest. With a piddling digging, you tin find some interesting information well-nigh your position'southward salary expectations on Indeed.

Price: Gratuitous

Cracking for: Those looking for a general idea about salary for a specific role or city. Indeed is best for higher students or those who are curious about switching careers and want a general overview of what compensation to expect.

Robert Half'due south Salary Guide

Robert Half is known for the yearly bacon guides that they compile in which they survey employers and employees from companies of all sizes across the country. They then create a national salary outlook that discusses hiring trends, like how remote work is changing the work landscape.

Robert Half also offers a more customized salary guide for employees. This includes average salaries based on experience level, related positions, hiring trends for that specific role, and links to jobs that might be of involvement.

How Information technology Works: Only enter in your e-mail address, position, and location, and Robert Half generates a study specific to your part. This includes a salary number (and an average national number for comparing purposes) as well as location comparisons based on your specific city. Robert Half's reports also show the current demand for people in this role, based on skill level.

Price: Free

Great for: Anyone searching for what to wait now—or in the futurity every bit you acquire more skills and relevant experience. Their tools are likewise corking for a national overview of what'southward happening with regard to job trends across the country.

Other Salary Tools

Thorough bacon research certainly has its place, only sometimes information technology's helpful to get some quick information regarding compensation. In the event that you lot're daydreaming most a potential move, or you're wanting a general bacon idea nigh a office that might interest y'all, here are another helpful tools.

CNN Coin Cost of Living Figurer

Using CNN Money's quick form, but enter in two locations and compare what to expect regarding cost of living. Details include groceries, housing, health intendance, transportation, and more than.