December 14, 2022

How to Make Accurate Salary Related Calculations

How much you should be paid is one of the toughest questions when it comes to accepting a new job. You won’t know what to expect until you’ve done some research. This can help provide solid guidelines when choosing an employer and negotiating a salary with your prospective employers. This article will guide you through various websites you can use to understand the pay scale that your future companies offer so you may plan your negotiations around it. While there are numerous tools for making salary-based estimations at your disposal, like the new tax regime calculator, you don’t need to frantically punch in numbers in all of them. You can selectively navigate through these websites and get all the information you want:

1. Linkedin Salary

Linkedin is a professional social network that helps job seekers connect with potential employers, as well as employers find skilled candidates for their open positions. It’s free to join and use, but it does require you to have a LinkedIn account to sign up for an account. Once you have an account, you can look at your profile, see the companies you’ve worked for and even apply for jobs by clicking on the “apply” button in the top left corner of your profile page.

If you’re looking to make a career change or move into a new role, Linkedin can help you get a better idea of what kind of salary you should expect by searching through profiles and past company information. You can also use this tool to find out which companies are hiring right now or check out job listings that might interest you based on location or type of position advertised (i.e., technical vs. non-technical).

2. Glassdoor

Glassdoor is an online career portal that provides salary data for thousands of companies and occupations. The site compiles anonymous salary information from its users, who also provide feedback on their salaries, which can be seen as a reflection of how much they’re paid. Glassdoor uses the information to calculate a “compressed” version of the average employee’s salary — essentially stripping out any extra cash that employees may have received in bonuses or other perks, like company-sponsored health insurance. That means it gives you an idea of what you might make if you’re not getting anything extra for your work. It also allows you to compare what you’re making now with what others in similar roles are earning, so you can see whether you’re overpaid or underpaid based on your experience and skill set. In case you are applying for remote jobs in other countries, you can also use a salary tax calculator in India to understand how much you will be saving after paying off taxes.

3. PayScale

PayScale is a great tool to help you calculate your salary. It is a good resource for figuring out what you should be making based on your experience level, education, and location. You can see current salaries at specific companies or industries and then compare them to national averages so that you’ll know if you’re under or overpaid. You can even use the tool to find out if you’re in line with the average annual salary of people with similar educational backgrounds, experience, and geography as you.

About the author 

Kyrie Mattos

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