Is Your Salary Fair? This Tool Reveals What You Should Actually Be Paid
Original Illustration by Stephanie DeAngelis
Job negotiation can be an intimidating process, especially if one key factor is lacking: salary transparency. You might have a hunch that other employees earn more, but without industry contacts, it can be challenging to substantiate your claim with real data. If you've ever wondered what your co-workers are paid or are intrigued about the salary you could earn if you switched careers, a genius tool by LinkedIn will put your curiosity to rest.
The recently launched salary calculator is surprisingly easy to use and provides access to valuable career information. Simply enter your job title and location, and LinkedIn will mine internal data to reveal the median base salary and median total compensation of other users who fit that profile.
It's worth noting that as the tool is new, it's unclear how many salaries have been submitted to inform the estimates. The calculator populates data provided by users, so it also operates on a trust system that employees are being honest about their compensation.
Curious to know what salary your peers are paid? Elite Daily used the LinkedIn salary calculator to find out what people across a broad range of professions are paid in New York City. Here are the findings: