How to Determine Starting Salaries

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How to Determine Starting Salaries – This is a place for the community to provide tips and advice on How to Determine Starting Salaries. This topic was created by Jeannie Cratty and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Tip 1 - Starting Salaries for New Hires: How Much to Pay? | Monster.com

Published: 9 years ago | Submitted by Ted Colquett | permalink

Set the bar too low -- you may not attract qualified talent. Nudge pay too high -- you risk cutting into your budget.
Tags: starting salaries, new hires, hiring costs, labor costs, managing hiring costs

For further reading: http://hiring.monster.com/hr/hr-best-practices/recruiting-hiring-advice/managing-hiring-costs/starting-salaries.aspx ^[1]

Tip 2 - How To Figure Out What You Really Should Be Paid

Published: 9 years ago | Submitted by Holly Grinnell | permalink

Want to know your value in the labor market? Here's how to figure it out.
Tags: Careers,Entrepreneurs,Investing,Leadership,Video,average,Boss,Bureau of Labor Statistics,career,compensation,employee,employer,Employment,Human resources,job,linkedin,Metropolitan Statistical Area,money,Pay,raise,salary,value,worth

For further reading: http://www.forbes.com/sites/jacquelynsmith/2012/11/27/how-to-figure-out-what-you-really-should-be-paid/ ^[2]

Tip 3 - Salary Calculator | Find Average Job Salaries | LiveCareer

Published: 9 years ago | Submitted by Carmine Sala | permalink

Free Salary Calculator: We'll show you how your salary stacks up for your job title and industry. Get your personal salary report from LiveCareer today!

For further reading: http://www.livecareer.com/salary ^[3]

Tip 4 - 10 Questions to Ask When Determining Your Salary

Published: 9 years ago | Submitted by Kevin Denton | permalink

These guidelines will help you settle on the right amount for you and your business.
Tags: Money,Salary,Cash Flow,Money Management,Finance,10 Questions

For further reading: http://www.entrepreneur.com/article/226683 ^[4]

Tip 5 - How can I determine a reasonable salary to ask for?

Published: 9 years ago | Submitted by Anville Francis | permalink

I'm looking for a comprehensive answer to this question, not short answers that just tell me one piece of the equation. The ideal answer should include: How can I determine the average salary ra...

For further reading: http://workplace.stackexchange.com/questions/896/how-can-i-determine-a-reasonable-salary-to-ask-for ^[5]