I'm Underpaid

Questions This Guidance Answers: 
  • How do I compare my salary to others?
  • Can I go ask for a raise?
  • How do I talk to my boss about being underpaid?

Our guidance on what to do if you think you're underpaid.

This cast came out of an email we were sent by a listener. He had recently transferred to a new position and received a standard merit increase. When the company advertised a similar role in a different department, the role was advertised with an additional $5000 in salary. In addition, the listener had spoken to someone who was leaving the company who had been in a similar role and he was making an additional 15%. Our listener was beginning to feel that he'd got a rough deal. The question was, what to do next?


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Extra Content
Legend:
    Manager Tools Personal License
    Interviewing Series
    First Job Fundamentals   

Will this become the most downloaded CT podcast?

The title alone makes me think this will be the most downloaded podcast in CT history.

I appreciated

 I am only half-way through the podcast but appreciated an important point that i heard just in the last part I listened. I'm not sure if I feel underpaid as much as underappreciated because my rewards haven't been as much. But now I could know why.

When I was hired by  the pharmaceutical company I am with, they made the offer at the next higher level. not entry level PhD. Many people got hired that year and the following year and I was the only one with the higher level. First half year I got average rating because that is standard on new hires. On my 2nd year, I got the highest of highest highest performance ratings that no one ever gets. The economy was good and so both my bonus and raise were excellent that year. I was single back then too. In future years, I've only gotten average performance reviews, and one time a below average. I've been disappointed. even though money-wise though, i didn't do much worse than the high performing folks because the economy hasn't been good and bonuses/salary raises havven't been as much.   But this cast helped me take less personally that I hadn't gotten the performance reviews that I wanted because perhaps it was a budget issue - sharing the wealth kind of thing.