How to Research What You're Actually Worth (Beyond Glassdoor)
Unlock the secrets to accurately determining your market value with this comprehensive guide that goes beyond Glassdoor. Discover effective strategies and resources that will empower you to confidently negotiate your worth and secure the salary you truly deserve.
YoureHired Team
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How to Research What You're Actually Worth (Beyond Glassdoor)
Have you ever sat there, fingers hovering over your keyboard, wondering what number to type into that salary expectation box? Maybe you've scoured Glassdoor, only to find ranges that feel more like they belong to another galaxy. If you've ever muttered, "I just don't know how to even begin to figure out what I'm worth," you're not alone. Let's dive into why this feels so hard and, more importantly, how you can do it better.
The Problem Everyone Ignores
It's 2024, and a staggering 65% of job seekers feel they're in the dark about their market value, according to CareerBuilder. If you're nodding your head, thinking, "Yes, that's me!" it's important to realize you're not alone. The frustration is real, especially when 73% of employees believe their salaries don't reflect their skills, as reported by LinkedIn's Workforce Report for 2025. These numbers are more than statistics; they represent a collective cry for clarity. But here's the kicker—traditional methods of researching your worth often leave you guessing. The "aha" moment? It's time to redefine how you calculate your market value.
Why The typical approach Doesn't Work
Let's face it: Glassdoor and similar platforms have made salary transparency mainstream. But they have their pitfalls. The information is often outdated, crowdsourced, and doesn't account for the nuances of individual experiences. You've probably found yourself thinking, "Every time I try to negotiate my salary, I feel like I'm just guessing what I should be asking for." The real system is more complex. It's about understanding your unique skills, your local job market, and the industry trends affecting your field. Here's why relying solely on generic data won't cut it:
- Outdated Information: Many platforms don't update regularly, leaving you with figures that might not match current economic realities.
- Generic Averages: These fail to consider your specific background or contributions.
- Lack of Context: There's no account for variations by region or company size.
Transitioning from this conventional wisdom to a more tailored approach is key. Let's explore what really works.
The several Things That Actually Work
Figuring out your true worth doesn't have to feel like rocket science. Here are practical steps to get you started, with examples that make it actionable.
Step 1: Leverage Professional Networks
Connect with industry professionals who can provide insider insights. This isn't just about LinkedIn stalking—it's about building genuine relationships.
- Join Industry Groups: Participate in discussions, ask questions, and don't be afraid to DM someone for insights.
- Attend Networking Events: These can be virtual or in-person. After all, your peers can offer perspectives that salary websites can't.
- Ask for Informational Interviews: Reach out to people in roles you're targeting. You'd be surprised how many are willing to chat about their experiences.
Example: If you're a software developer, join a local tech meetup. Chat with others about their experiences and salary expectations.
Step 2: Use Government and Industry Reports
These reports can provide detailed salary data that’s often more accurate than crowdsourced websites.
- Bureau of Labor Statistics (BLS): Offers comprehensive data on wages across different occupations and regions.
- Industry Associations: Many industries have associations that release annual salary reports. These are gold mines for specific data.
Example: If you're in marketing, check out the American Marketing Association’s annual salary report.
Step 3: Conduct Skill-Based Research
Identify your unique skills and compare them to market trends. This isn't just about listing skills—it's about understanding what skills are in demand.
- Use Skill Assessments: Platforms like LinkedIn Learning offer assessments that can identify in-demand skills.
- Research Job Postings: Look at listings for roles you're interested in to see what skills employers prioritize.
Example: If you're a graphic designer, notice if there's a demand for proficiency in specific software like Adobe XD or Sketch.
Common Mistakes to Avoid
Even seasoned job seekers fall into these traps, but knowing them is your first step to sidestepping them.
- Relying Solely on Averages: Averages can mislead you. Focus on the specifics of your situation.
- Ignoring Local Market Conditions: A job in New York pays differently than in Austin. Factor this into your research.
- Undervaluing Soft Skills: Skills like leadership and communication are often undervalued but highly sought after.
Avoid these, and you'll be on your way to a more accurate assessment of your worth.
Your Next Step
So, what's the bottom line? Researching your market value isn't just about gathering data—it's about understanding context and applying it to your unique situation. By leveraging networks, utilizing reliable reports, and conducting skill-based research, you can move from guessing to knowing.
Ready to take control of your salary negotiations? Our salary research tools is designed to help you identify your true market value in minutes, giving you the confidence to negotiate effectively.
Part of our salary series for job seekers.
