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GTA Salary Information
Do you have salary questions?
Not sure what you should pay a
new employee?
How do Greater Toronto Area salaries for
your occupation compare to workers doing similar jobs in other Canadian cities?
Find out here with our
on-line Salary Wizard
Visit this page for interesting
Greater Toronto Area salary and job information. Articles, links and
insights. |
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 Eight
Things that an Boost Your Pay
By Regina M. Robo |
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TORONTO JOBS |
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Did you know employers
sometimes pay a premium for the right education and experience? Or that you
might be able to earn more by doing the same job in a larger company? In
fact, these could be some of your strongest negotiating points in your next
performance review, job interview, or request for a promotion. |
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Employers
typically adjust their market data when determining how much to pay a
specific employee to do the job. In other words, they price the "space" -
the position in the organization - before they price the "face," or the
person doing that job. After they determine the value of the position by
researching the data on pay practices for comparable jobs at comparable
companies, they adjust the data to reflect the employee's background and
experience.
READ MORE
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*This page will refresh when you click on the Salary Wizard |
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 Salary
Talk
Certified Compensation
Consultant
Erisa Ojimba |
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"Do
you expect to receive a pay increase when changing jobs? To a prospective
employer, it doesn't matter that you're changing jobs - it only matters
where your pay falls in relation to the rest of the market. So, research the
market when setting your expectations." |
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How much should I get for changing jobs?
Q.
What is the typical increase a person should get (or should look for) when
changing jobs? I'm in the information technology field.
"If two identical employees
worked for the same employer, one part time and one full time, they might
expect to be paid at the same rate. But sometimes full-time employees earn
more or are expected to contribute more than part-time colleagues."
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A.
There is no rule of thumb for determining a percentage
increase for a new job, because the value of someone's skills relates to how
that person compares with the market as a whole. You probably won't want to
change jobs unless you feel you will be better off in the new situations.
Before you settle on your new salary expectations, understand the job
responsibilities at the new employer, and then benchmark those
responsibilities against a job in the
Salary Wizard. This
will give you an idea of what the market is paying.
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Should part-time and full-time workers be
paid different rates?
Q.
Should there be a difference in
wages between a part-time employee and a full-time employee doing the same
job?
"It is fine to engage in
continuing rounds of salary negotiations, provided you don't waste your
breath haggling over the final few dollars. Better still, negotiate for
things on top of base pay."
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A.
In general, there should be little to no difference in pay between part-time
and full-time employees, particularly when the employees are performing the
same job with the same skill sets.
It is possible for a full-time employee to make more money if the person has
more experience than a part-time employee. And often, employers expect more
from full-time employees than they expect from employees who work less than
40 hours a week. Even if a full-time employee is paid more money, it is
typically based on the criteria mentioned above.
Ask your HR department if your company values part-time and full-time
employees the same. If your company does pay your part-time employees
differently, ask your employer to explain the rationale.
Good luck. |
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Should I counteroffer a negotiated salary
offer?
Q.
I received an offer lower than
my desired salary. I talked it over with HR, and they met me almost halfway
with a second offer. Is it appropriate to renegotiate to get closer to my
desired salary, or is it time to accept their offer? |
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A.It
is okay to renegotiate a job offer with an employer if you do not feel
comfortable with their job offer. However, you should be clear what you're
willing to accept. Intensive conversations about a few thousand dollars may
in the end prove to be a waste of time. It is also okay to ask a company
what their final job offer is.
If the company won't meet you all the way, look at other compensation costs,
such as additional vacation days, a sign on-bonus, or additional training.
In other words, if the company can't meet your base pay requirements, look
for other variable pay components they can meet. In some cases, the variable
pay may exceed the amount you are looking for in base pay, so be creative
and flexible in your salary negotiations.
Good luck with your job offer!
Also check out our job offer assessing tool, The Job Assessor, in order to
compare job offers. |
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