For all the get rich quick schemes and talk of Finance Independence / Retire Early (FIRE), most individuals will make the most consistent income from simply working their same old boring J-O-B. It is your responsibility to know how much salary you should ask for and expect from your employer. It is also your responsibility to tell your employer if there is an issue in payroll, as if your employer is handling it all manually, it is very easy to slip up. This can be aggravating for the employee, so why not suggest services like Cloudpay to your employer, a service that deals with all the payroll complexities for you? It’s certainly an option. Should this information be more transparent? Yes. Is it? No. Until that changes, it’s up to you to do the
However, the mixed advice on the topic of
WTF is a Millennial to do?!!?
Well, before you can even ask for an increase in pay, you have to know how much you’re worth. With this in mind, these are our seven favorite tools for salary negotiation or to prepare for a successful career change.
Visit PaycheckCity.com for their helpful paycheck calculators, withholding calculators, tax calculators, and payroll information.
ADP.com offers Payroll calculators, 401k calculators, tax calculators, and other essential business tools to help calculate personal and business investments.
Search millions of jobs at GlassDoor.com to get the inside scoop on companies of interest. This includes employee reviews, personalized salary tools, and much more. Glass Door is great for finding out the low low on companies of interest directly from current employees themselves.
At Comparably.com you can find your ideal company and compensation by making work transparent and rewarding. They also have several great tools for industry specific infographics and case studies.
Use SmartAsset.com paycheck calculator to calculate your take-home pay per paycheck for both salary and hourly jobs. As an added bonus, their tool can even take into account federal, state, and local taxes.
Related: If your next job will include relocation, don’t forget to read our post on How Much Debt You Can Afford on a $30, $50, and $100,000 Salary in your new city.
Salary.com’s salary wizards and cost of living calculator is great for city to city comparisons or use their personal salary report to determine your value in different markets across the country.
Bankrate has several great personal finance tools and their cost of living comparison calculator is just another added bonus. It is one of the most comprehensive tools we’ve used to compare the cost of living in two or more cities. All you need is your current income (or income goal) and then select your cities of interest.
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