Los Angeles Times

Salary tools can tell you how much to ask for

Careers websites aim to give workers more data on how their pay stacks up.

- By Jena McGregor Jena McGregor writes a column analyzing leadership in the news for the Washington Post’s On Leadership section.

Salary transparen­cy has been a big buzzword in recent years. President Obama signed an executive order that bans federal contractor­s from retaliatin­g against workers who talk about their pay. More Silicon Valley start-ups have adopted the idea of disclosing workers’ salaries. And millennial­s — now the biggest generation in the workforce — are reported to be relatively comfortabl­e talking about what they make.

Yet for all those changes, discussing what we make is still a big office taboo, and feeling underpaid remains a perpetual paranoia in the workplace.

To help, a growing crop of online tools aims to give workers a more personaliz­ed sense of how their pay stacks up. The careers site Glassdoor has introduced new features to its suite of company reviews and job listings.

The new tool, called “Know Your Worth,” asks users to enter their current salary, years of experience, employer name and location, and calculates their “market value” and plots it on a graph against their current base salary over time.

The result can be reassuring — or a little depressing.

“Even with all the transparen­cy, it’s still pretty hard to know where you fit in your company,” said Dawn Lyon, vice president of corporate affairs at Glassdoor. “You can do the research, but how does that play for your job right now?”

For those frustrated to learn that they’re not making as much as their peers, Glassdoor convenient­ly appends related job listings to their reports, adding an expected salary range next to each listing. It is also adding a feature called “Salary Explorer” that lets people gauge how much they might expect to be making after their next promotion.

The company, which says it currently can give a “market value” for 55% to 60% of the U.S. workforce, bases its calculatio­ns on salary reports that millions of workers have submitted anonymousl­y; the heaviest weight is given to the most recent reports. It also factors in supply-and-demand trends of job listings in local markets and a user’s proximity to a likely step up the career ladder.

Glassdoor joins a group of sites that also offer tools aimed at arming employees with some kind of individual­ized data when they’re heading into salary negotiatio­ns.

PayScale asks users for bonuses and other forms of compensati­on, providing a snapshot of how their pay compares with median reported pay in their area. SalaryExpe­rt uses data from the Economic Research Institute to compare users’ personal details with a local average. Comparably tells users how their salary ranks among their peers.

While the informatio­n may not sway your boss into giving you a raise, it does arm employees with another data point to consider when they’re prepping for that nerve-racking salary conversati­on.

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