What To Do If You Think You’re Underpaid

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  • čas přidán 25. 07. 2024
  • Only 34% of Americans are satisfied with how much they are paid at work, according to a March 2023 Pew Research Center survey. Career experts urge people to do market research before making a decision of whether to negotiate for more money or find a new job. Sometimes a discrepancy in pay between two employees may be due to market conditions. Watch the video above to learn more about what career experts recommend you do if you think you're being underpaid.
    Chapters:
    0:00 Introduction
    0:58 Earning less than a colleague
    3:14 Market research
    6:03 How to get more money
    8:39 Discrimination
    Produced and Edited by: Charlotte Morabito
    Supervising Producer: Lindsey Jacobson
    Additional Footage: Getty Images
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    What To Do If You Think You’re Underpaid

Komentáře • 809

  • @CNBC
    @CNBC  Před měsícem +3

    Want to land your dream job? Take CNBC’s new online course How to Ace Your Job Interview to learn what hiring managers really look for, body language techniques, what to say and not to say, and the best way to talk about pay. Use discount code NEWGRAD to get 50% off from 5/1/24 to 6/30/24: cnb.cx/3TSmIfX

    • @dontmindme2375
      @dontmindme2375 Před měsícem +3

      Lol 😅😅😅

    • @lineage13
      @lineage13 Před měsícem

      If I didn't know better, I would have thought the majority of Americans were black.

    • @johnnybraxton5539
      @johnnybraxton5539 Před měsícem +2

      Job interviews are a joke

    • @robertgrays8790
      @robertgrays8790 Před měsícem +1

      Know the boss or the hiring team. If they like you, you will get the job.

    • @jEwNitedsTates
      @jEwNitedsTates Před měsícem +1

      How is the unemployment number calculated? Someone explain please

  • @cosmicbluevox1001
    @cosmicbluevox1001 Před měsícem +769

    The best raise you can give yourself is job hopping

    • @EazyE11
      @EazyE11 Před měsícem +60

      Working for yourself is the best raise.

    • @NYRyder1983
      @NYRyder1983 Před měsícem +21

      Getting rich is the greatest raise.

    • @LuisKPortillo
      @LuisKPortillo Před měsícem +19

      It depends on the job. I went from a $50K starting salary, $70K after my first year, then $120K around the beginning of my second year. If you learn more about the business, you can learn to bring more value and ask for more money

    • @rl8571
      @rl8571 Před měsícem +8

      This has a cap depending on your skill. The best raise is gaining the most profitable skill for the least amount of time. Currently a Nurse Anesthesia at age 39 and salary is at $200k per year. There is still a high demand for these types of skills. If you are after the money then aim for the obvious jobs that paid the most. I don’t have to manage workers or worry about getting laid off had i chosen IT.

    • @rokmare
      @rokmare Před měsícem +9

      Depends on how frequent or the how long you stayed beforehand otherwise it will look really bad on your resume

  • @morenojader
    @morenojader Před měsícem +209

    in my experience, employers always try to give you a raise the moment you tell them you're are leaving the company.

    • @randygood651
      @randygood651 Před měsícem +19

      Had this happen . Told them if I was worth that you should have gave it to me before I was leaving. That just said to me that they would do that to me again.

    • @ColeKeenan-lp1xf
      @ColeKeenan-lp1xf Před měsícem +8

      Same happen to me but in government was getting ready to leave to put in application for better paying position then the entity I'm working for offered more money.

    • @Gr8Incarnate
      @Gr8Incarnate Před měsícem +13

      Depends on the job and the individual. If it's a technical job where it's hard finding workers and/or you're a very good worker yourself, then they'll offer you more. But if it's a simple job where many people can take your place and/or you're not one of the better workers out there, then they'll tell you to kick rocks.

    • @tw8464
      @tw8464 Před měsícem +10

      Yep it's happened to me. It's like you could've been honestly paying me this whole time instead of stealing from me this whole time? Makes me want to flip their fn desk over

    • @nathanielsingleton6302
      @nathanielsingleton6302 Před měsícem +2

      Happened to me years ago. I told my boss at the time I didn’t want to see the offer because I had a better opportunity lined up and didn’t want to be tempted to change my mind. And the commute was way better at the new job.

  • @dav0n
    @dav0n Před měsícem +253

    Jobs want a master’s degree for $50k yr, and renters demand u make 3.5 times the rent! How?!?😡

    • @Hproawesome
      @Hproawesome Před měsícem +28

      because college is a scam.😂

    • @aprilgeneric8027
      @aprilgeneric8027 Před měsícem +11

      supply and demand, location location location. time to move. your location is oversaturated and they only take the cream of the crop.

    • @arivo9062
      @arivo9062 Před měsícem

      Bug tech proble.m

    • @DummyUseless-er3dn
      @DummyUseless-er3dn Před měsícem

      Well, people seem to have salary which is 3 times the rent. How else are rental apartments being filled otherwise

    • @MmC-vn1mf
      @MmC-vn1mf Před měsícem +6

      ​@@DummyUseless-er3dn roommates

  • @tw8464
    @tw8464 Před měsícem +31

    The "system" is insane. If you work hard, loyal, show up everyday, settle down, start a family, the company sees you as their prey to abuse and thieve from to no limits. But if you job hop every 2 years they shower you with more money each time. The "system" is truly horrible and antisocial and Anti-Humanity

  • @Nickgyw6
    @Nickgyw6 Před měsícem +602

    How to know if you’re underpaid? My rent went up 40% in the last 3 years. My paycheck went up 2% in the same 3 years.

    • @BTrain-is8ch
      @BTrain-is8ch Před měsícem +27

      The two have nothing to do with each other...

    • @AX-sq5vm
      @AX-sq5vm Před měsícem +30

      Yes it do it's called inflation

    • @eligreg99
      @eligreg99 Před měsícem +75

      @@BTrain-is8ch When people stop being able to afford ANY rent I bet the two will be related then…

    • @handleyobusiness
      @handleyobusiness Před měsícem +12

      My rent went down 30% simply by MOVING...

    • @randygood651
      @randygood651 Před měsícem +2

      I've been told same by friends. Sounds like time to find a new job, unless you are well paid already.

  • @miscellaneous714
    @miscellaneous714 Před měsícem +493

    My advice:
    1. Change your company every 3 or 4 years.
    2. Don’t talk with your manager or HR about increasing your salary because you will probably lose the negotiation.
    3. Negotiate with your company at the hiring process.

    • @bagussriyono874
      @bagussriyono874 Před měsícem +39

      At least the US have better culture than Japan when changing your company is seen as bad faith and you get a harder time to get accepted. I always see in western working culture, employee have more freedom and independent making a better creative self decision than rigid eastern culture probably because US has more work opportunity and entrepreneurship mindset. In Asia, most often than not it's about job safety where civil servants is still seen as dream job. The low job opportunity also gave employer more leverage. Another thing is seniority, it matter less in the west.

    • @henryijeoma
      @henryijeoma Před měsícem +59

      3 to 4yrs is alot of time. I'd say 2yrs or 2.5yrs max

    • @VolguusZildrohar
      @VolguusZildrohar Před měsícem

      @@bagussriyono874 I've seen this exact attitude in local companies doing the same work here in the US. They see candidates looking for a position when they already have a job making criminally low pay as being disloyal to that other company. The moment loyalty is called into question you either need to be ready to come back with current cost of living expenses compared to your current pay or just look elsewhere. It's just another way companies try to weed out the jumpers since the act is increasingly common as it's the only way workers are able to pay the bills in this economy.

    • @BadMannerKorea
      @BadMannerKorea Před měsícem +23

      What do you mean don't talk to your manager or HR, who else are you going to talk to in order to negotiate a raise?

    • @inmortal131
      @inmortal131 Před měsícem

      @@henryijeoma1.5 or 1 year depending your salary some companies I saw want entry level 3 or 5 week only training no pay 🫠🫠🫥 like scam

  • @nsp477
    @nsp477 Před měsícem +41

    If you tell the company you are leaving and your boss offers you a raise to convince you to stay, don't take it. Leave. If you take the raise and stay, you will be branded as a "mercenary" and will be the first one to be let go when there's a restructuring.
    Leave, start over in a different company that values you.

    • @asadb1990
      @asadb1990 Před měsícem +2

      Lol its not even a restructuring, often times they start looking for your replacement asap.

  • @spacewalker9375
    @spacewalker9375 Před měsícem +100

    Let me tell you about my first time experience hiring a new employee as a new people manager. I had interviewed and found the right hire for me and was ready to extend an offer. As this was my first ever rodeo on the other side of the tables, I asked the local HR how things would work if the personnel negotiated on the offer. To my damn surprise, HR told me not worry because people don’t ever negotiate. Don’t get suckered in and ALWAYS negotiate!!!

    • @shaunmc013
      @shaunmc013 Před měsícem +2

      What is a people manager? lol 😅 all of these new terms for the same kind of jobs. If you were HR, just say you were HR. If you were an Operations Manager or Supervisor just say so..

    • @BTrain-is8ch
      @BTrain-is8ch Před měsícem

      @@shaunmc013 A people manager is a person that manages people... A person with direct reports is a people manager.

  • @CaraMarie13
    @CaraMarie13 Před měsícem +71

    I don't ask for more money, I switch jobs. Am not even underpaid at my job but I still want more money.

    • @asadb1990
      @asadb1990 Před měsícem +1

      Yea i agree. Its not worth the effort needed for little reward. Plus it can label you to being unsatisfied.

  • @chad9971
    @chad9971 Před měsícem +94

    Companies want the best employees for the least money. I’ve had this issue at my former employer where I was more skilled and performed better but was paid less than newer hires because the job market was tight when they were hired. I have nothing wrong with that, my gripe is that they don’t raise MY wages to match the market. Obviously I left that company and got a $20K annual pay raise by switching companies…it does pay to switch jobs every 2-4 years.

    • @inmortal131
      @inmortal131 Před měsícem

      Exactly

    • @YuinAstrophel
      @YuinAstrophel Před měsícem

      The lack of job security is definitely a plague in our nation. We are rotten consumerists. Conditioned by algorithms.

  • @reilorenzo
    @reilorenzo Před měsícem +229

    Most companies are low balling EVERYONE because they KNOW people need jobs right now. I was offered a Director of Talent Acquisition job for $51k... which is insulting. Their attitude was "take it or leave it" 🤷🏽

    • @rickyayy
      @rickyayy Před měsícem +8

      Yeah hearing that happening even in tech

    • @nottheone582
      @nottheone582 Před měsícem +24

      the problem is, in this market they will find someone who will accept $51k for that role. they may not be as experienced or talented as you, but there's so many recruiters looking for work right now its a very saturated market. they might accept it for the title alone, then hop to a $150k /yr director or VP role next

    • @___beyondhorizon4664
      @___beyondhorizon4664 Před měsícem +10

      They are always giving people a fancy title for lower salary, this has been going on since the beginning of time

    • @eegernades
      @eegernades Před měsícem +4

      ​@@Hproawesomepush for better pay, too. They deserve an increased wage, and so do you. Dont be a crab in a bucket.

    • @rlkinnard
      @rlkinnard Před měsícem +2

      Right now, the US job market is extremely tight; tightest since the very tightest under Clinton. What are you talking about?

  • @cryora
    @cryora Před měsícem +28

    What also sucks is being underutilized. You're not being underpaid for what you're doing as a job per se, but you know that you are not being used to your full potential where you can offer more value and be better compensated.

  • @ThrowAway-qf9ol
    @ThrowAway-qf9ol Před měsícem +65

    Oh the irony of this video! I work at NBC and I am definitely severely underpaid.

    • @phillipsandcastle8387
      @phillipsandcastle8387 Před měsícem +11

      Source: trust me bro

    • @rickyayy
      @rickyayy Před měsícem

      NBC borderline slave drivers

    • @ThrowAway-qf9ol
      @ThrowAway-qf9ol Před měsícem

      bruh I work at Comcast (NBC Parent company) and I cannot risk putting my real name and getting fired in this job market@@phillipsandcastle8387

    • @CardinalSynth
      @CardinalSynth Před měsícem +5

      ​@@phillipsandcastle8387 Wut. I don't see any reason why their post isn't believable. Hell they even made a throwaway account

    • @ThrowAway-qf9ol
      @ThrowAway-qf9ol Před měsícem

      Bruh I work at Comcast (NBC parent company) and I can't risk putting my real name only to get fired in this job market@@phillipsandcastle8387

  • @afgm122
    @afgm122 Před měsícem +14

    I found out I was getting underpaid when talking to my coworkers about pay. One of them was complaining how he needed more $$ and said his salary was $120k. I had more experience than him and he was hired two years after me. I had an engineering degree, he did not. And somehow he was hired at double what I was getting. I quit a few months later and got a job offer elsewhere in a different industry that I actually want to be in for $124k.

  • @iSucrose
    @iSucrose Před měsícem +128

    It often feels like the laziest employees are earning as much as, or even more than, you. This might explain why so many people at work seem frustrated. I know my coworkers with fewer responsibilities make the same as I do. Eventually, I'll get tired of this and start looking for another job. Life is too short to be stressed out at work and disappointed by how little my company values me.

    • @rickyayy
      @rickyayy Před měsícem +16

      Just don't hold it against them. Hold it against the company. Too often ppl project their resentment into their peers when they're playing the game.

    • @lesliemoore1656
      @lesliemoore1656 Před měsícem

      Make that happen now, not eventually. Make your own raise.

    • @rastaman7140
      @rastaman7140 Před měsícem

      That happened to me and I just got a new job paying me 15k more.

    • @ES-qu1jd
      @ES-qu1jd Před měsícem

      Exactly!!! Lazy people at work who are always taking breaks and being less productive are earning more. When this starts happening I start looking for another job. I also only work somewhere where it is advantageous to me. Once it isn't working to suit my needs then I look for another job. "Needs" doesn't always translate solely into money, but they can be perks to the job. Right now, I'm at a stage in my life where I need flexibility so employers that give me that are great and when I'm at work I'm giving 150%.

    • @lesliemoore1656
      @lesliemoore1656 Před měsícem

      @@ES-qu1jd You are describing a situation that is a problem just about everywhere, management is always aware of that, that is why there are employee evaluations in most companies. With the entitled attitude you have, and it quickly comes across loud and clear to your supervisors and co-workers , you won't last long in any job. In the industry I worked in for over 25 years we had a 90 day trial period for new employees. You are the type that 2 weeks in we knew you would not make the cut. You have never given 50% much less 150% in your life, and never will.

  • @ShutterSpeedGaming
    @ShutterSpeedGaming Před měsícem +152

    All of America is underpaid. The wages don’t keep up with housing costs or inflation.

    • @inmortal131
      @inmortal131 Před měsícem +3

      Inflation eat all good example is California many companies don’t want pay 20$ many closing.

    • @andresgarciacastro1783
      @andresgarciacastro1783 Před měsícem +8

      Adam Smith warned of this in his book wealth of the nations, Chapter 7. TL DR: make strong unions, or you will never get payed what you're worth.

    • @SerpkoBakotiinii
      @SerpkoBakotiinii Před měsícem +3

      The problem is that Americans still think they should have a high standard of living. This is not true, America has become much poorer than it was after World War 2.
      Therefore, buy smaller houses, more economical cars, save on food and alcohol. And everything will be fine with you.

    • @inmortal131
      @inmortal131 Před měsícem

      @@SerpkoBakotiinii no only in America.

    • @wturner777
      @wturner777 Před měsícem +3

      @@andresgarciacastro1783 I have to agree. Unions are what established the 8-hour work day to begin with. Unions desperately need a comeback in America.

  • @RayLabs
    @RayLabs Před měsícem +22

    Years ago an HR rep explained pay to me. It is not a companies goal to pay you what you are worth, they will pay you the minimum amount that they think will keep you. How I kept making more money was moving to other companies every 2-3 years until I reached the end of my career and then milked my last company for as much as I could.

    • @tres5533
      @tres5533 Před měsícem +1

      Nice! Well played Jackson!

  • @TheSushiandme
    @TheSushiandme Před měsícem +13

    Employer says, Bye Felicia. We'll hire an entry level kid to do your job

  • @billyfugate4823
    @billyfugate4823 Před měsícem +259

    How to know if you're underpaid:
    Do you work for a company at any level below executive? Then you're underpaid...

    • @slow-moe3518
      @slow-moe3518 Před měsícem +19

      This.
      Where does the money for raising executives' pays and their bonuses come from? From the small people under them getting scraps.

    • @Novastar.SaberCombat
      @Novastar.SaberCombat Před měsícem +4

      Yup. If you ain't rich, then you ain't *nothin'*. That's just how it is.

    • @BrettFightorFlight
      @BrettFightorFlight Před měsícem +1

      34% are incompetent

    • @user-wx1br9jp6u
      @user-wx1br9jp6u Před měsícem +3

      Not really. I made 144k last year working for someone. If you're underpaid, it's your fault.

    • @Goat1229
      @Goat1229 Před měsícem +1

      Spot on advice

  • @bigcahuna42366
    @bigcahuna42366 Před měsícem +61

    Don't tell your manager flat out that you will resign if they don't give you a raise. If you do that, your manager may gradually and quietly fire you or lay you off. Give them a chance to raise your pay. If they don't honor your request, hit them by surprise with a two week notice without pre-announcing it, of course having another job or back up plan waiting for you.

    • @dyse13
      @dyse13 Před měsícem +11

      There are so many ways this conversation can go wrong. In my experience looking for another job is just better. The most I've ever gotten out of a salary bump is a 10% increase and I've doubled my pay just by switching companies

    • @BadMannerKorea
      @BadMannerKorea Před měsícem +4

      @@dyse13 Maybe you lack the tact and verbal fluency and intelligence to simply discuss things in a logical and forward manner while clearly outlining your needs? Maybe it is better to switch companies in most situations, but if there are positives, well, why wouldn't you advise someone to try? I live less than a mile away from my work, the flexibility is amazing, and I know my job well. If I listened to you I'd have quit years ago when I was being paid 25% less instead of going into HR's office and laying it out, which I did, and I got a pay raise. This isn't black and white.

    • @JamesKarrie
      @JamesKarrie Před měsícem +2

      don't give a 2 week notice...

    • @tw8464
      @tw8464 Před měsícem +1

      ​@@JamesKarrie exactly. They don't give you 2 week notice when they lay you off. They can at will fire you for almost any whim at any time, fire you on the spot just because they feel like it and tell you to clean out you desk right then and there. You do NOT "owe them" 2 weeks notice one bit under their "system." Absolutely not.

    • @BadMannerKorea
      @BadMannerKorea Před měsícem

      @@tw8464 lol. Why do you act this way? Like it’s some war between employees and employers? You’re clearly jaded or something. Most employers aren’t just firing people because they feel like it. If you don’t want to put in customary two weeks, then do whatever you want. But if you think it won’t burn bridges if you walk out the day of or give a 2 day notice or something, you’re probably mistaken.

  • @lk29392
    @lk29392 Před měsícem +8

    Let's be honest. You typically have to switch companies to get the raise you think you deserve. You work at a company for several years, learn everything quickly, do a great job, take on more and more responsibility, and they want you to be happy with an 'inflation' raise year after year. Sound familiar? Go to another company that competes with them and they will roll out the red carpet and you will get that 10-20% raise you want instead of a paltry 2-3%. Been there done that. Yeah I'd like to stay with the same company my whole career but that is just not how businesses operate these days and you will leave a ton of $ on the table in your career if you do.

  • @dustydarkhorse
    @dustydarkhorse Před měsícem +29

    Went from struggling in a high stress, excessive overtime, toxic environment earning well below the average for my trade and region to a $5-$10/hr raise depending on the jobsite, thriving, not working 20-30 hours of overtime per check and just way happier....all because I flipped out on my boss, took a day off and had time to look at what was out there. Sometimes the grass IS greener on the other side

    • @thecrippledpancake9455
      @thecrippledpancake9455 Před měsícem

      The Federal minimum has been $7.25 since 2009, if you’ve been making $5/h in some instances you should sue.

  • @seaportsthename
    @seaportsthename Před měsícem +13

    my job wanted me to move up to supervisor for only a $1 more per hour, which would be $19 an hr. like seriously? i have to work longer hours, be in charge of operations and you cant even give me at least $20?

    • @ES-qu1jd
      @ES-qu1jd Před měsícem +1

      Should be more than a $2.00 incentive. All the headache that goes with being a supervisor...ugh. I refuse to take on anymore supervisory roles because the stress isn't worth it to me and I don't want to take the job home with me.

  • @user-bm6xz6pq5z
    @user-bm6xz6pq5z Před měsícem +243

    I'm convinced that if slavery were legalized in the US companies would take full advantage of it.

    • @JOEDIRTERULEZ
      @JOEDIRTERULEZ Před měsícem

      WALLSTREET DESTROYED THE MIDDLE CLASS SYSTEMATICALLY.........NOW YOU SPEND YOUR WHOLE LIFE WORKING FOR 4 WALLS AND BURGERS.....BCZ THE DEVILS DONT WANT TO YOU SPEND YOUR GOD GIVING LIFE SEEING HIS CREATION

    • @BigBoyJay_69
      @BigBoyJay_69 Před měsícem

      They already do lol. Lots of companies hire illegal immigrants at slave wages and essentially blackmail them with deportation.

    • @reprovedcandy
      @reprovedcandy Před měsícem

      And republicans would go around blabbing about how it's a good thing and the evil dems want to wreck our economy

    • @Bergsen_Bun-sense
      @Bergsen_Bun-sense Před měsícem

      It feels like we are close to it. The companies buying up homes are prepping

    • @bradleyanderson4315
      @bradleyanderson4315 Před měsícem +49

      They actually did for a while.

  • @11Elleve11
    @11Elleve11 Před měsícem +20

    I got fired once for asking for fair compensation. I didn't have a set salary ask, but i presented them with my accomplishments for the company and what a correct title (and pay comp range) for it would be...a few weeks later i got a pink slip. Was out of work 2 weeks before i accepted an offer for 40% more

    • @jeevan88888
      @jeevan88888 Před měsícem +1

      Which company was it?

    • @11Elleve11
      @11Elleve11 Před měsícem +3

      @@jeevan88888 HAHAHAHAHA nice try

    • @good-tn9sr
      @good-tn9sr Před měsícem +4

      @@11Elleve11you can’t say who fired you? NDA?

    • @11Elleve11
      @11Elleve11 Před měsícem

      @good-tn9sr haha cuz I'm too smart to get doxxed...unless you wanna send me $10k right now to my paypal, then i will happily announce it 😁

  • @PraveenSrJ01
    @PraveenSrJ01 Před měsícem +14

    Salaries should be transparent

  • @iequalasian
    @iequalasian Před měsícem +81

    As the great Jalen Rose said “You don’t get what you deserve. Only what you negotiate”. Pay is all about leverage, those who use it will benefit. Those who don’t will be left behind

    • @randygood651
      @randygood651 Před měsícem +5

      Learned that one when I left my first good job. Great advice.

    • @kurty128
      @kurty128 Před měsícem +8

      Aint lying. Have leverage and be prepared to walk before you play hardball.

    • @nottheone582
      @nottheone582 Před měsícem +5

      this part. just because you want a higher salary, doesn't mean you'll get it. learn how to negotiate, build/use leverage and you can get those higher numbers.

  • @___beyondhorizon4664
    @___beyondhorizon4664 Před měsícem +25

    CNBC, will there be a report on how employers are now hiring only part-timers to avoid paying benefits? So workers have to find 2 or 3 jobs and pay their own health insurance

    • @siderisanon7860
      @siderisanon7860 Před měsícem

      That is unfortunately nothing new. A company I worked for in the 90s hired only part-time outside of management. No benefits, plus the part-timers were expected to always be looking for extra hours if things got busy. It was a horrible way to treat people then, and it still is.

  • @oliviao2238
    @oliviao2238 Před měsícem +5

    I recall my job coach's advice, and I'm pleased I followed it. Sometimes, presenting data can impress the boss more than simply appealing to a rational discussion.

    • @r3dp1ll
      @r3dp1ll Před měsícem

      yes because it's about making money.

  • @NicksDynasty
    @NicksDynasty Před měsícem +26

    At my job everyone is paid the same and it's based on a 12-year scale. Right now I'm 5 years in and I can't complain.
    The scale is usually increased each year and the scale is public to all departments in the company

    • @doujinflip
      @doujinflip Před měsícem +3

      Military and government have published pay scales, as well as COLA and allowance rates that anyone can view. Combine that with education and housing support especially when ordered overseas and it turns out the public sector gets pretty attractive considering the guaranteed employment.

  • @johnvak7390
    @johnvak7390 Před měsícem +55

    Wait shegot paid 40k and her coworker got paid 100k? Is she saying this correctly?

    • @Kuzyapso
      @Kuzyapso Před měsícem +4

      Um yeah. That's the entire story

    • @ManUntdForever
      @ManUntdForever Před měsícem +11

      That’s what I understood, too. Ridiculous pay differential.

    • @rickyayy
      @rickyayy Před měsícem +7

      Smells corrupt

    • @Batham55
      @Batham55 Před měsícem +11

      Notice how she didn't say that the other person did exactly the same job. She was quite clever in implying that her position should have paid much more but never did quite get there is giving the reason why. I find it hard to believe they were really able to pay her less than half of what others in the same position was making.

    • @manoftomorrow5987
      @manoftomorrow5987 Před měsícem +8

      @@Batham55exactly…she wasn’t clear at all. I smell BS in that story. Ain’t no way they were both doing the same job, had the same education and skillset.

  • @devnerdgirl4638
    @devnerdgirl4638 Před měsícem +16

    I resent the job market.

  • @Blackjack09721
    @Blackjack09721 Před měsícem +28

    Aren't most people underpaid at any role other than an executive, and based on inflation?

    • @firstlast8258
      @firstlast8258 Před měsícem +3

      Bidenflation

    • @karld6309
      @karld6309 Před měsícem +2

      By definition, 50% have to get paid less than the average. That doesn't mean they're underpaid.

  • @eligreg99
    @eligreg99 Před měsícem +34

    1. When you can’t pay your bills.

    • @JamesKarrie
      @JamesKarrie Před měsícem +4

      If you are better at budgeting you deserve to be paid less?

  • @bradleyanderson4315
    @bradleyanderson4315 Před měsícem +5

    Our pay rates got released to social media. I was paid more than another person with the same job title. However: I had more seniority meaning more cost of living raises, had more certifications in my field some of which had associated raises, had held a much broader range of projects, did a certain task better than anyone else in the agency, had prior experience in the field before I was hired. He complained until he got a raise and promotion but eventually came within a whisker of being fired for non performance.

  • @jonquindiagan7625
    @jonquindiagan7625 Před měsícem

    I was thinking the same. Thank you for the information. Thank you for sharing this!

  • @RAYDEEY17
    @RAYDEEY17 Před měsícem +7

    The narrator deserves a raise

  • @PraveenSrJ01
    @PraveenSrJ01 Před měsícem +10

    I worked for some real toxic organizations in my career and I’m only 40 going on 41 years old

  • @smp332012
    @smp332012 Před měsícem +17

    Never been hired at a job that allows you to negotiate for a different hourly wage than what is listed.

    • @rickyayy
      @rickyayy Před měsícem +5

      Never know if you don't try

  • @adeyemiolaogun4512
    @adeyemiolaogun4512 Před měsícem +5

    I’m staying where I am at. Peace of mind!! State workers don’t get paid well but we have peace of mind.

    • @zachhecksel2920
      @zachhecksel2920 Před měsícem

      I work for a city and earn ~$114k per year (after health/dental premiums covered). I also have peace of mind. In Minnesota.

  • @desiv1170
    @desiv1170 Před měsícem +10

    I work for a state government and I suppose the good part about that with regard to salary is that there isn't much of an option. As a manger, I don't even get to decide what step a person I want to hire will get hired at. That is HR. There is some negotiation the potential employee has, but it's not much and it's with HR. Once they accept that step they start on, then pay increases are purely time. You get a yearly step increase until you hit the top step, and then that's it. (Other than cost of living increases that are across the board for the state.)
    Unfortunately, that means the way to get pay increases is to change jobs. Part of my job is frequently to help my staff get a higher level job because they are maxed. I've lost quite a few great staff that way. Good for them... Quirky system...

    • @lexisthomas3718
      @lexisthomas3718 Před měsícem +2

      I also work for state government. We have a union that tries to negotiate for pay raises every contract. The annoying thing about it, though, is that some lazy person doing much less than you makes the same as you or if they've been there longer, more than you. It is nice coming in knowing that what you and your coworkers make will be "fair" in a sense. I do prefer this system over the "guess what you should be paid" system. Ending up making $40k while my colleague is making $102k would drive me crazy.

  • @lionellynch6775
    @lionellynch6775 Před měsícem +9

    I was retaliated against for reporting a supervisor's friend for sexual harassment.. I am currently a victim of wage suppression.. the EEOC did absolutely nothing to help me in North Carolina.. I have documentation and witnesses along with recorded conversations that others were given the opportunity to negotiate wages.. but I was told by the supervisor he doesn't know what corporate office will approve which is a lie!

    • @PraveenSrJ01
      @PraveenSrJ01 Před měsícem

      I definitely hate corporate jobs for this reason which is why I prefer retail

    • @drinkingoutside7584
      @drinkingoutside7584 Před měsícem +1

      What are girls there for anyway

  • @tamaramartin4015
    @tamaramartin4015 Před měsícem +2

    The pandemic laid me off from a job i'd had for a while. About two years before that, my co-worker was let go and her job was merged into mine. i figured it was an economic necessity kind of decision to merge the two positions, so i didn't think to ask for additional compensation (and the company certainly wasn't going to initiate that conversation.) Turned out, they didn't need to do it to save money, they just wanted to get rid of her. Yes, i was thankful to still have my job, but i was totally out to lunch that i didn't even think about how i should maybe be compensated for now doing two entire jobs. It was a good lesson.

  • @hummersd
    @hummersd Před měsícem +2

    I found out I was underpaid when I went back to a job I left (due to burn out). And then, I wasn’t on the upper end of the base salary range despite having the most experience when I was offered that same job. However the stocks made up for it despite it being more of a retention bonus. Advice is good-keep looking for better opportunities.

  • @kickturncurtis606
    @kickturncurtis606 Před měsícem +22

    Lol I asked for more money for a job and they rescinded the offer. It was the difference between 55k and 60k. I also was more than qualified for the position being in the position for 6 years

    • @Hedgeflexlfz
      @Hedgeflexlfz Před měsícem

      LOL

    • @rickyayy
      @rickyayy Před měsícem +2

      Disgusting

    • @Batham55
      @Batham55 Před měsícem +3

      Bad company then. You are better off not working for them if that is how they react.

    • @19910602011
      @19910602011 Před měsícem

      With that $55k u r making a year in my country u would live like a boss and would be upper middle class earning more money than 80% of our population for sure,
      So if u think that's bad trust me there are other out here worse off

  • @Bridin84
    @Bridin84 Před měsícem +3

    i asked for a raise at company, and the supervisor told me to my face that i dont need one, because he knew were i lived and just bought a house

  • @urrealdad76
    @urrealdad76 Před měsícem +5

    It’s kinda sad that this is how things are

  • @JogBird
    @JogBird Před měsícem +11

    the person being featured did not confirm if the colleage was doing the exact same job

  • @roberttena5653
    @roberttena5653 Před měsícem +2

    I was thinking about this earlier. You want more money but expect to work more to earn it. A company doesn't want to diverse themselves into giving you more without getting more themselves. Meaning is if you're worth as valued. And I'm not talking about college education. Trade skill you're better off going into a trade skill then value is worth more! You must be precautious into that skill because sometimes you learn the skill and you will not use the skill in the job you take on.
    Honestly we should take step backs and be grateful we do have a job is going right now it looks like it's going terrible and then with AI taking over. Or robotics. We're not sure where we stand in this future

  • @NationChosenByGod
    @NationChosenByGod Před měsícem +6

    Especially that bs federal income taxes.

  • @shvm_bh
    @shvm_bh Před měsícem

    For exactly the same job duties at a company in Vancouver, I was offered C$48,000 in February 2024 and C$36,000 in June 2024. This makes cheap manager/CEO the number one reason behind inequal pay followed by market conditions.

  • @jimysk8er
    @jimysk8er Před měsícem

    A fun answer o the typical interview question of "what salary are you expecting?" is, "I would really only consider leaving my current employer for a salary increase of so and so percent." it throws the ball directly back and shows if they have done their homework. If they come back asking for a specific range then just add 5% to your current salary as the low number and 20% more for the high number. you could even make the range larger but it helps if you have more reasoning for the value, not just more money is more better. You lose nothing by setting the bar higher then what you currently make.

  • @gumnaamaadmi007
    @gumnaamaadmi007 Před měsícem +22

    I KNOW I am underpaid lol. I do not need a 10 minute video to rub it in.

  • @vvolfbelorven7084
    @vvolfbelorven7084 Před měsícem +1

    Doing the work for pay is the minimum, even if you do it well, and sometimes doing it too well is detrimental for you as you could be stuck in that role if your boss doesn't want to replace you with someone they will have to train.
    So in the end it's all about impact. It's the money you make for the company and the costs you save the company. Most of us are in cost centers, where we just carry out the work. My advice: get to the "cash register" as soon as possible so you can see how the money comes in and what you could do to make money or save money.

  • @transitengineer
    @transitengineer Před měsícem +2

    Well, while government employment (Federal, State, County and City) tends to pay less than the private sector, in this area there is a major advantage because, the salary for every payroll title is clearly listed. Even when you are not actively looking to change jobs, about every three (3)-years you should still be doing, your own informal salary survey (smile ... smile).

  • @jitlv
    @jitlv Před měsícem +13

    I’m 34 years old now and after years of grinding and persevering I finally started my own business. While I’m working harder and longer because I want to grow my business, but the freedom of making my own decisions and not answering to anyone is the best situation.

    • @dean827
      @dean827 Před měsícem +1

      Watch out for pilling debt. Freedom is awesome but there are hidden dangers in sustaining a small biz few talk about.

    • @jitlv
      @jitlv Před měsícem

      @@dean827 of course, I’m not expecting to make a profit in the next 2-3 years, that’s why I have a large cash flow to cover the difference. It’s essential to stick to my business plan.

  • @axnyslie
    @axnyslie Před měsícem +39

    I'm always dumbfounded by some people who are so divorced from reality they don't think their $250k+ salary makes them rich.

    • @Zhcwu
      @Zhcwu Před měsícem +17

      If you live in big cities it's barely middle class, if you are in bay area and new york everyone is making at least or more, the area everything is expensive, food, rent, activities.

    • @KamaTanha
      @KamaTanha Před měsícem +11

      ​@@ZhcwuIt doesn't matter how it compares to your neighbors. It simply means you and your neighbors are all rich.

    • @BadMannerKorea
      @BadMannerKorea Před měsícem +15

      @@Zhcwu The average pay in NYC is like $92,000. The average pay in the bay area is ALSO less than 250k. So if you're making 250k or more, you're obviously doing quite well. 250k+ is a ridiculous amount of money no matter where you live in the USA, and if anyone has issues saving or living a comfortable life, then the fault rests on the individual and how they manage their money, not an income or a location problem.

    • @BTrain-is8ch
      @BTrain-is8ch Před měsícem +6

      Rich is a measure of assets. A 250k+ salary could result in someone becoming rich over time but it doesn't do it by itself.

    • @rickyayy
      @rickyayy Před měsícem +5

      Yeah 250k isn't much these days in the grand scheme of things

  • @drwayne_carter9115
    @drwayne_carter9115 Před měsícem +2

    1. Never accept the first offer. Always ask for more, especially with your first role at the company because your raises and bonuses will be based off the first salary.
    2. Have conversations with coworkers about how much they make. This gives the power to the employees. Companies make it taboo to talk about salaries because they want to underpay you and it's easy for them if you are uninformed.

  • @zayg1231
    @zayg1231 Před měsícem +2

    Jobs do not pay enough for the stress. Rent for a 2 bedroom is $2300, and that’s a slum apartment! Companies do not pay enough for a roof.

  • @JF238xLearning
    @JF238xLearning Před měsícem +3

    Understand and know your value. Look at your own education, your own work experience, and your own skill set and add up how much value you have as a worker in your respective career field. Do your homework and research the job market that is related to your career and compared how you stack up. Always keep your options open if a better paying opportunity presents itself. Unfortunately inflation and the cost of living will only keep rising so it only makes sense to make sure your pay keeps up with inflation as well.

  • @Legoman69469
    @Legoman69469 Před měsícem +2

    NEVER choose name of company over salary and compensation. You are looking for a job. Not a pair of shoes….

  • @crush9197
    @crush9197 Před měsícem +3

    I’m on year 3 with my company. I got one more year in me before I make a switch. If my next raise is smaller than my last year raise then I’m out.

    • @mrnarason
      @mrnarason Před měsícem +2

      I haven't got a raise in 3 years bruh, got another job interview that will probably get me a 50% pay increase lined up tho

  • @jessiecoastaliving
    @jessiecoastaliving Před měsícem +1

    So this market research advice they gave is so subjective. But the best advice is to look at the market value and upscale your transferable skills on your resume to fit that job description. Highlight those skills in the interview that will show evidence of the salary you want. There’s a job out there that will pay what you want. You just have to be charismatic in your interview while demonstrating why you’re the perfect fit and how will bring the right skills for the job. Then when that new job you got doesn’t keep up with the salary you want you pivot again and apply to new jobs that will. Rinse and Repeat.

  • @josephfriedrich9792
    @josephfriedrich9792 Před 24 dny

    My dealership, a multi million dollar one at that, was picked up by Multi billion dollar auto network. Our sales have increased by a good 40-60% on average per month. Our pay as been decreasing ever since to match our old pay. We were always told to make more sell more, now we're told we're doing too well and should making that much. That are literally changing the pay scale and commission percentages to suit their pockets.

  • @RudieObias
    @RudieObias Před měsícem +7

    40k in an executive role? You got played 😅

    • @PraveenSrJ01
      @PraveenSrJ01 Před měsícem

      I make 35k as a cashier and a retail worker at Wegmans

    • @xavier3098
      @xavier3098 Před měsícem +5

      Account executive isn’t really an “Executive”

  • @amateurgamer149
    @amateurgamer149 Před měsícem +4

    Just when you know you can't afford the basic needs 😢

  • @j4k3br4k3
    @j4k3br4k3 Před měsícem +3

    Employers pay the minimum people will accept for a given zip code. Thats about it on the math side.

  • @ImTheFatboy
    @ImTheFatboy Před měsícem

    My 9-5 pays okay (good not great) for my taste. But I do graphic design and art commissions and recently I've realized I've been getting way less mostly because I've been asking way less. More worried about losing a potential client or missing a sale than valuing my own work or building the clientele I really want. I've started asking for more and damn if I haven't been getting it! A lot of times it really does come down to having the cajones to ask for more

  • @Gman2002
    @Gman2002 Před měsícem

    At the end of the day you gotta do what you gotta do. One IT staffing recruiter recommended atleast 2 years look better than one year or a few months as you may be seen as a job hopper and they will pass up on you. I’d say do two years if the environment is a fit. Learn new stuff to help level up and then on the 2nd year look for another job. I’d seen folks double their salary and titles this way.

  • @saturnsynth11
    @saturnsynth11 Před měsícem

    I would be not sure if even be looked at. I don’t even have a college degree yet I worked my way up to a supervisor position. And any other positions I’ve looked at in my industry are requiring a bachelors or masters.

  • @eskutts
    @eskutts Před měsícem +9

    Employees will always be underpaid and will have to overwork whereas management will always be overpaid and underworked. That's how corporates are and it's unlikely to change. However recently people have realised this brutal corporate culture and have demanded better work life balance via Hybrid work mode etc. so people must demand better benefits from their employers.

  • @frankjones5770
    @frankjones5770 Před měsícem

    It's funny. I recall work at JCP yrs ago and the topic of pay came up and when we asked our manager about it. She explained. I can't remember what she said. But I distinctly remember her saying after " you guys shouldn't be discussing pay at work " not sure how that was meant. So we can after work?

  • @vixenhunt4877
    @vixenhunt4877 Před měsícem +68

    Companies want you desperate and poor.😓

    • @johnmourer5747
      @johnmourer5747 Před měsícem

      The rich want to control their wealth and power. Rockefeller and Carnegie. . History repeating its self.

    • @firstlast8258
      @firstlast8258 Před měsícem +3

      Speak for yourself 🤓 🖕

    • @winstonc8510
      @winstonc8510 Před měsícem +1

      @firstlast8258 yes you can speak for all the immature idiots out there

    • @handleyobusiness
      @handleyobusiness Před měsícem +3

      So you're supposed to be a loser and just accept the disrespect. 🤦🏻‍♂️😂

    • @jason4275
      @jason4275 Před měsícem

      @@handleyobusiness getting a job is not easy when legal immigrants with a work visa than can replace you the next day

  • @MosStephResell
    @MosStephResell Před měsícem

    These appear to be options for corporate level, what about the others?

  • @goodgirl9484
    @goodgirl9484 Před měsícem

    I applied for an jr level role despite having skills and 2 yr experience, i thought the pay is okay but when our hr disclosed our pay range per job level, it is shocking that i am receiving the lowest pay range in my level. 😢

  • @WhoCares-ml9fg
    @WhoCares-ml9fg Před měsícem +3

    We all are

  • @keybraker
    @keybraker Před měsícem +1

    You are as worth as the market says you are.

  • @IndianaDiy
    @IndianaDiy Před měsícem

    Sadly Many people are underpaid and often times companies make up the dumbest excuses why they can’t pay more. Or companies undervalue positions pay less than a normal paycheck deliberately.
    Learning as much as you can definitely helps and Not just in one field, learning outside your field and picking up skills outside what you know or normally do can lead to better jobs.

  • @user-eu1ll6kg5m
    @user-eu1ll6kg5m Před měsícem +2

    How do you know your colleague’s salary? In Japan, people don’t show their paychecks to their colleagues, and it’s taboo to ask about it.

    • @ES-qu1jd
      @ES-qu1jd Před měsícem

      I've worked in Asia and my employers specifically told employees not to discuss salaries because they don't want people to know what each one negotiated. In the Midwest of the US, I grew up with the idea that you don't talk about what you earn to your friends and coworkers etc, but now I live on the east coast and everyone gladly tells each other what they earn. I was surprised.

  • @brenandemossita1000
    @brenandemossita1000 Před měsícem +1

    About 7 years ago, Aberdeen assistant manager at a healthcare organization and the company that owned it sold to the company. I started working for and I found out that they were paying all the white employees 3 to $4 more than the black employees end. Some of the black employees had a bigger job role and more credentials. I was shocked. It was so blatant. They also were paying the latino workers less than everybody. I told the new company that this was unfair and that we had to make the change. And I'm happy that the company worked to level the playing field in pay. For everyone 😊

    • @ES-qu1jd
      @ES-qu1jd Před měsícem

      Yeah, this happens unfortunately. Also, studies have been done that people who are deemed more attractive get paid more and white males who are married with families, and a lot of men earn more than a lot of women, etc.

  • @dagobello
    @dagobello Před měsícem +1

    A lot of the time people lie about their salary though. Some exaggerate to look superior to you.

  • @DummyUseless-er3dn
    @DummyUseless-er3dn Před měsícem

    When house prices are higher than wages then how do we know whether wages are low or things are overpriced?

  • @auro1986
    @auro1986 Před měsícem +2

    how? look bad quality of products and services due to people forced to complete work in less time and less money

  • @MT-fl1eb
    @MT-fl1eb Před měsícem

    Each job should be viewed as a step to getting where you wanna be at... Job hopping and getting Certs and educations doesn't hurt either

  • @penguin32383
    @penguin32383 Před měsícem +1

    Most "advice" like this is pointless because it really depends on the field and company. A few years ago, a friend got me an interview at his employer. During the interview process, I asked for just 5% more than their initial offer. I never heard back. The HR rep told my friend that I would have been hired, but I had asked for too much money.
    More recently, at a different company, I asked for a raise. "Not in the budget" I was told. Then less than a month later, they hired a new person in the same position for more than I had asked for.
    Asking for more money works sometimes, but job hopping works most of the time.

  • @jmgerraughty
    @jmgerraughty Před měsícem +2

    I attempt a negotiation every time I start a new job, and every time I’ve started a new job, I’ve been told the same thing: this is a firm offer, no negotiation. Where are these mythical jobs where people get to negotiate salary???

    • @seinfan9
      @seinfan9 Před měsícem

      You started the job already. You are supposed to negotiate before accepting the offer.

  • @ClementMG-bs7dg
    @ClementMG-bs7dg Před měsícem +2

    When they mention a gross salary of $40,000 per year, it refers to the total amount before any deductions such as taxes. The net worth each month would be this amount minus taxes and other deductions divided by twelve. For a more precise calculation, you would need to consider the specific tax rates and deductions applicable to your situation.

  • @pradeepsubramaniam1659
    @pradeepsubramaniam1659 Před měsícem

    I did job hopping within 2 months my pay went from $20 to $32

  • @NightSentinel51
    @NightSentinel51 Před měsícem

    I'm currently a level 1 technician at an aerospace company and there is an open joke about getting to the next level. It's quitting and coming back in a year. I literally know 5 people who didn't get a raise so they quit only to come back a year later and get more than what they wanted. In the end, it costs the company more money and disrupts production.

  • @geraldjunior4235
    @geraldjunior4235 Před měsícem +1

    Yes on The Great Update Job position Your zip code New Mexico.

  • @stonesfan285
    @stonesfan285 Před měsícem

    No one's pay is keeping up with inflation and I 100% blame decades of bad fiscal policy.

  • @SamA-ho8uj
    @SamA-ho8uj Před měsícem +4

    Just wait for it; one day, those greedy employees will beg for a job. Loyalty and seniority are important in companies' decisions on who to keep and who to let go when a big recession hits the economy.

    • @Hedgeflexlfz
      @Hedgeflexlfz Před měsícem +2

      lol ok mr HR

    • @rickyayy
      @rickyayy Před měsícem +5

      Companies have no loyalty. What fantasy country are you living in? Those days are gone.

  • @0nlypets_world
    @0nlypets_world Před měsícem +2

    Come to india myfriend
    Not only u r underpaid
    U r not respected
    Not given leave
    And make u feel guilty for taking holiday leave

  • @Pazeran
    @Pazeran Před měsícem

    Does the EEOC really enforce the laws?

  • @simpleuser0001
    @simpleuser0001 Před měsícem +3

    The main problem with hopping around at different jobs is that you are stuck in their starting pay. Instead, you can put in the time at one job to see the raises and how well they sustain you in the long run. Mine went up considerably at a similar rate to inflation. Plus, I receive more benefits. If I had kept hopping around at other jobs, I wouldn't get those benefits due to lack of seniority/experience/commitment. It's harder to leave now that I have a safety net. My company could get away with slowing down my raises and I began to struggle with what to do next.

  • @keitht.4826
    @keitht.4826 Před 22 dny

    I'm a part of the Military, I'll make sure to do all these with my employer

  • @meilyn22
    @meilyn22 Před měsícem

    Always be on the lookout for another job. That's the only way you can get a significant raise.

  • @felipeoliveira2219
    @felipeoliveira2219 Před měsícem +2

    The quiet quitters from 2020,2021 are paying the price now....your current salary is exactly how much you deserve to get paid

  • @RaulRodriguez-wr8lq
    @RaulRodriguez-wr8lq Před 6 dny

    Thanks, today's story's, I need to read about been discriminating?Spanish, black, etc.Please!