Do you feel like you don’t get paid enough for your job in Halton? You’re not alone!
According to a recent survey by staffing firm Robert Half, nearly half of all the professionals in Canada feel underpaid.
The studies revealed that 75 per cent of professionals feel well-informed about what they should be making in their current position, and 56 per cent say they’ve checked their salary against market rates through online resources, salary guides or job postings in the last year.
This is up from 52 per cent in a similar survey conducted two years ago.
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The majority of workers, 53 per cent, also admit to comparing notes on compensation with coworkers.
While their level of salary research may be rising, many workers aren’t liking what they’re finding. Only 49 per cent feel they are being paid fairly.
“It’s crucial for employers to stay current on local compensation trends, especially as a growing number of workers make an effort to educate themselves on how their salary stacks up,” said David King, the senior district president for Robert Half. “Employees are more likely to stick around if they believe their contributions are valued and rewarded. Providing competitive compensation packages that are responsive to shifting employee preferences, and include perks like commute subsidies, wellness benefits and professional development opportunities, are key to keeping professionals engaged.”
Additional findings included:
- The majority (75 per cent) of professionals said they are well-informed and know what they should be making in their position.
- Nationally, 49 per cent of workers feel underpaid, 50 per cent believe they are paid adequately, and one per cent admitted they feel overpaid.
- Fifty-seven per cent of workers ages, 18-34 have discussed salaries with colleagues, compared to 53 per cent of professionals ages 35-54 and 45 per cent of those ages 55 and older.
- While most workers who have talked salary with colleagues did nothing with the information (86 per cent) 11 per cent used the information to ask for a raise, and four per cent tapped it when negotiating a new job offer. Ninety-four per cent of respondents 55 and older didn’t use the information gleaned, but this number falls to 87 per cent for those 35-54 and 82 per cent for workers 18-34.
Over 400 workers across the country completed the survey for each of these studies.
What do you think about the findings of the surveys?
Infographic courtesy of Robert Half