Use Glassdoors Know Your Worth Tool to Negotiate Salary

Use Glassdoors Know Your Worth Tool to Negotiate SalaryUse Glassdoors Know Your Worth Tool to Negotiate Salary12Imagine you are in the final stages of the job interview process and you are offered the position. But as youre being told the details of the job offer, such as the salary, 401(k) plan, and medical benefits, you kind of tune out. You think to yourself, Is that really all theyre going to offer me insalary?Thats where Glassdoors new Know Your Worth tool comes in handy.If you think that youre potenzially not being compensated fairly, youre not alone. Thats why many job seekers turn to sites such as Glassdoor to get an idea of what theyre worth as a possible employee. And now Glassdoor has just released a powerhouse tool for job seekers to help them know how valuable they truly are called Know Your Worth.Use Glassdoors Know Your Worth Tool to Negotiate SalaryKnow Your Worth goes beyond your garden-variety salary calculators. This free tool can help you calculate your earnings p otential based on the job youre applying for, your personal work experience,and the current local job market as well. For right now, the tool is only available to U.S. employees and is in beta.But the tool offers tremendous potential, according to the CEB Global story, Is Glassdoors New Transparency Tool a Game-Changer for Compensation?For starters, the tool holds several million data points related to salaries from employees on about 600,000 companies in 190 countries. This database is then combined with near real-time local labor market trends pulled from millions of current job listings, job transition data, local salary reports, and the number of job listings for that title, as well as application rates and click-through rates.Glassdoor predicts that it will be able to offer current market-value salary information for mora than half (55to 60 percent) of todays U.S. workforce with the goal of increasing that number in the future.The Benefit for Job SeekersWhat does this mean for job seekers? Well, it gives you a much more accurate idea of how much you stand to earn in real time, not by outdated market standards. Youll find out what your current worth is in todays job market based off data culled from millions of salaries and current job openings. Youll know if youre being paid fairly if youre already employed or if the offer on the table is appropriate if youre a job seeker.For job seekers, Glassdoors Know Your Worth tool can be a great asset in your job search arsenal. If you think that the salary being offered is too low, Know Your Worth can help you confirm thosefeelings. That doesnt mean you have to walk away from a firm job offer if the salary isnt enough, though. Know Your Worth even offers ways to help you increase your pay if you find that your salary is subpar.You can use the salary calculator as leverage during salary negotiations to increase your earnings, or you can look for other non-monetary ways to bolster your earnings, such as asking for fl exible work options. The ability to work remotely can help more of your salary stay in your pocket by helping you cut down on commuting costs, office attire, lunches, and all the other extra expenses that can eat away at your hard-earned dollars.As a job seeker, its critical to know what youre worth. Glassdoors Know Your Worth can help you navigate the tricky waters as you negotiate salary and benefitsandunderstand what type of salary is realistic in todays job market based off your personal work experience andhelp you earn what you truly deserve a good salary.Start Your Job SearchReaders, have you used salary calculators in the past? Are you planning to try out the Know Your Worth tool? Let us know your thoughts in the comments below