Salary Calculators - How To Calculate Your Job Market Value Profile

This is a hub well worth waiting for because it’s all about who gets paid what at today’s rates. And I will be showing where to visit salary calculators in various places – depending on where you live. Trying to work out your market value is a challenge. As you gradually work out your actual real worth in the job you are choosing or are in or planning to be in, you should naturally do everything in your power to research the market. Let’s begin.

1. Understand the relationship – so by now you should realise that employment is a deal that is done on the basis of supply and demand. The workers who have the skills and experience influence supply, and the companies hiring also influence the demand. How rare you and your skill set are and how much your employer needs you is vital, if not fundamental to calculating your worth when it comes to salary and benefits.

2. Find the “going rate” – so by searching though a morass of various job descriptions and types, you should be able to benchmark your role against said description or type. This gives you an excellent idea of the key attributes that companies are searching for in certain jobs. This means that you can emphasisze in your CV or resume. And thus make yourself, like a woman wearing a gorgeous dress – a more attractive prospect. (I just had to sneak that in.)

Source

3. Go online – the internet offers a certain degree of anonymity. So ask the question of someone there – like – “Is £23K (or $27K) a good salary for a Production Manager in this city of *fill in the blank* in the industry of *again fill in as needed*.” You can ask this question in a forum and see what your peers have to say. There are forums all over the Internet. Oh by the way there are some serious forums here in Hub Pages. Hub Pages reaches around the world, my friends. Make use of that. But then you knew that – right? You also have Google Search Engine to help find any forums near you.

4. Use a salary calculator – in some countries, you will find a weird piece of technology called a salary calculator that evaluates actual or approximate salary surveys that were taken by large numbers of people to help give you detailed answers, and they will spit out numbers at you, like a camel in a sandstorm. If you live in the UK, try this one. If you live in the USA, try here for this salary calculator.  This is a pay salary comparison and info submission site.

If you live in Australia, and want a wage calculator, try here. If you live in INDIA, click here. if you live in Canada, try the Salary Calculator here. Check out the Martin Dale Center, one of the biggest Salary resources I have ever found. Bookmark it, you will use it very often. It links to many countries not mentioned here, including Northern Ireland.

These will help you to figure out your market value, and earn the salary you are looking for. Or near to it. I wish you the best of luck in your journey.

If you like this hub and it helped in any way, please rate this hub. Bookmark those Salary Calculators you find. If you find any and care to share /mention them in the comments below, I will add them to this hub and they could help others. Thanks!

Comments 8 comments

Susana S profile image

Susana S 6 years ago

Interesting hub Cheeky:) It drew my attention because recently I've been having to value my skills in terms of deciding an hourly rate. How much to charge? How special are my skills? In the end I did what you suggest here and look for the current going rates and pitched right in the middle. I think it's important to not go too cheap, because then that says "I'm not worth much" and then the employer or client doesn't value you so much either. Anyway just my two pennies, lol!


Cheeky Girl profile image

Cheeky Girl 6 years ago from UK and Nerujenia Author

Hy Susana S: Nice to get your comments. You are quite right. Don't undersell yourself. Why would you? Try to get the best hourly rate, obviously. I know a guy who runs a business from home, and made the mistake of charging a low price, thinking he could undercut the competition. But the work went to the others because the higher prices elsewhere suggested better quality and value in their long-term thinking. So he put his rates back up! It's a balance act. Your two pennies or two cents worth is always welcome, Susana. Best of luck in your work. : )


Sage Williams profile image

Sage Williams 6 years ago

Cheeky girl - I like your strategy, followed by your tips on how to go about it etc. A hub with definite value, especially when reaching a negotiating point in terms of salary.

Sage


dohn121 profile image

dohn121 6 years ago from Hudson Valley, New York

Geez, I'm almost afraid to find out "what I'm worth," lol. Thanks for sharing this, CG. You are certainly helping others by providing such helpful and useful links. Thanks!


Cheeky Girl profile image

Cheeky Girl 6 years ago from UK and Nerujenia Author

@ Sage Williams: I love strategy. I see people who plan things hit the target so often. I really hope the tips help, Sage. I am doing my bit! Thanks for the comments. I have a few more hubs for job seekers coming soon. Cheers.

@ Dohn: Aw, hey - don't be afraid of trying out the salary calculators, at the very least! I put in the links especially so folks could do that very thing. You might be "worth" more than you realise, my friend! I know I should not raise false expectations, but there is no harm in having at least a "peek". LOL! Thanks for the comments, Dohn. : )


ultimatepotential profile image

ultimatepotential 6 years ago from India

This was really helpful, Thanks! Btw, Cheeky Girl besides hubpages, what do you do? just curious since you write some really good tips here. ;-)


Cheeky Girl profile image

Cheeky Girl 6 years ago from UK and Nerujenia Author

Hell once again, ultimatepotential. I have replied to a lot of comments from you here today. You are a definite fan! *smiles here* Besides Hub Pages I have a Myspace page and a Blog on Blogger and a large Website called Cheeky Girls Apartment. the links are mostly on my Hubs Profile page, just click moi lil' face up in the top tight corner of the hub here! and scroll down past all my hubs till you see the links! Feel free to check them out. There are even games on the website and a few music players, a sudoku and crossword if ya get bored from reading all the articles! LOL!

I work in Finance as a PA, in my "other" work. (My real job, I mean.) I have also been involved in recruitment, on occasion. I am getting seriously into web content creation. I get help from Astra Nomik, who is another Hubber here. Her link is also on my Hub Profile.


vagolu vanaja 5 years ago

i got job in Malaysia with a salary of 40k so i would like to know how far i can manage to save money in terms of Indian currency

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