Author and Alpha Consumer blogger Kimberly Palmer offers advice for young professionals on taking their careers to the next level. Number 2: Raise your rates…
Chances are you’re not getting paid as much as you’re worth. Do some research on salary comparison websites, such as salary.com or payscale.com. If the estimates seem way off base — which they can, especially if you have an unusual job or one with a difficult-to-understand title — then dig deeper. If you’re close to a coworker, then ask that person what he or she thinks the pay range should be for a variety of jobs at your workplace to get a sense of how you stack up. If more than a year has passed since your last pay increase — or if you discover that you are underpaid compared to your peers — then it’s time to make your case.
Read the rest of the tips in U.S. News & World Report’s Money section, adapted with permission from Kimberly Palmer’s new book “Generation Earn: The Young Professional’s Guide to Spending, Investing, and Giving Back.”
