How to Determine Your Worth to Avoid Being Underpaid

August 13, 2018Diana Lengerson

If you possess several skills that are in demand, you may be worth a lot more than you are giving yourself credit for. Even if you do not think these skills are a big deal, they could be a big deal to several of the different companies that are looking to hire the right candidates for the positions they have available. If you feel like you have been underpaid for quite some time and want to know how much you are worth based on all the things you can do, there are several ways to determine your value.

Has anyone ever asked you, “What are you worth?” If so, you may not have known how to accurately answer the question. By following the helpful tips below, you will have a better idea of how much you are truly worth and how much you should expect to earn when you are working in specific fields and providing certain services.

What Can You Do?

The first thing you need to do is create a list of the different things you can do in a work environment. You may have experience in one field or more than one field, such as software engineering, graphic design, or even quality assurance. Make the list of the different things you can do when working for a business because some companies want to hire people with multiple skills who can help with several different tasks each day.

How Much Experience Do You Have?

People with more experience are often considered more employable. Companies often prefer those with more experience because then they usually do not have to do nearly as much training. The amount of experience you have in different industries could help to increase your worth as an employee, which means you would deserve to receive higher wages than someone who is just getting started in the industry.

Do You Have a Degree?

If you have a degree from college for the specific field you are in, employers may be even more interested in hiring you because then they know you are serious about working in the industry after spending several years in school to learn as much as possible. When you have a higher education, your skills are often considered even more valuable, and that means you can earn even more money. Some of the positions you may be interested in applying to could require their applicants to have degrees or could pay special attention to resumes of those with degrees in the industry.

If you want to make sure you are not getting underpaid for the work you do, you should determine how much you are worth based on what you can do, how much experience you have, and the type of degree you may have earned from attending college. There are some salary calculators online that will help you determine your worth based on these factors alone. Once you find out how much you should be making, you will know which positions to apply to and which ones to avoid if you do not want to get underpaid for all the hard work you are competing for a business each day.

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