Money Matters: Survey Finds Workers are Well-Informed

By Robert Half August 28, 2019 at 12:01am

MONEY MATTERS

Professionals know their worth

82% feel they know their worth
Men 87%
Women 76%

 

73% have checked their salary against market rates within the last year
Men 80%
Women 65%

 

46% feel underpaid, 47% believe they are being paid fairly and 7% admitted feeling overpaid
Women 50% feel underpaid
Men 41% feel underpaid

Impact of a stronger economy

57% think a stronger economy has helped their earning potential at their job
Men 68%
Women 44%

Of those who DON’T think the stronger economy plays a role:

34% said their company has only offered small bumps in pay
31% feel they would have to leave their job to see a significant pay raise

Money talks

54% of workers compare notes with colleagues on compensation
Workers age 18-34 – 67%
Workers age 35-54 – 54%
Workers age 55+ – 38%
Men 61%
Women 49%

Of those who have discussed wages with colleagues:

28% used the information as leverage to ask for a raise
17% used it to negotiate a new job offer

For more information on salaries, visit roberthalf.com/salary-guide.

Source: Robert Half surveys of more than 1,000 workers and 2,800 workers employed in office environments in in 28 major U.S. cities.

© 2019 Robert Half International Inc. An equal Opportunity Employer M/F/Disability/Veterans.

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