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Monday, September 22, 2014

Five Minute Job Salary Research

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Before deciding to commit to a college education, you have to have a general idea of what career path you want to pursue after college and if your major will lead you to that career path.

As the good captain said, you have to research starting salaries of the jobs you want to pursue.

10 years ago, this would have required an amount of effort. Today, you can just Google that information.

Take five minutes of your time and go to payscale and just type in different job titles into the search box.

Payscale.com will give you the job title, job descriptions, the national average salary and a range of salaries to expect. Some job titles will be exactly what you expect them to be. A barista average salary is $8.69 an hour without much of a range. Other job titles might be kind of vague and the range might be kind of wide. The average salary for a Business Consultant is $67,000 but the range goes from $44k to $110k. The idea of doing research for job salaries is to get a general idea of what jobs you might want to pursue.

There is one caveat I would like to mention about payscale. When you search for a specific job title, you get the national average of mostly everyone with that particular job title. Most of the people in the field will have multiple of years of experience and were hired before the economic downturn of 2008 and the health care reform act. With that being said, it might not be easy or realistic to earn the national average salary as soon as you graduate from college. It may take a couple of years of work to earn the average annual salary.

Take some time to research job salaries. It makes lifetime planning much easier.

1 comment:

  1. Try glass door.com as well that had salary ranges from surveys, reviews, and interview tips from user submissions.

    ReplyDelete