Your Guide to 15 Captivating Resources for Small Business Owners
Are you a small business owner trying to figure out how to determine salaries for your employees? Well, good news! I’m here to help you by introducing some amazing resources that will make the process a whole lot easier. Let’s dive in!
1. PayScale: This fantastic tool provides detailed salary data based on factors like job title, experience, and location. It’s like having your own personal salary consultant!
2. Glassdoor: Here, you can find not only salary information, but also reviews of companies and interview experiences. It’s a goldmine of valuable insights!
3. Bureau of Labor Statistics: This government website offers a wide range of salary data, including national and regional averages. It’s a reliable source for all your statistical needs.
4. LinkedIn Salary Insights: Want to know what professionals in your industry are making? Look no further! LinkedIn provides salary insights based on real-time data from its vast network.
5. Indeed Salary Search: With millions of job postings, Indeed is a popular resource for job seekers. But did you know you can also find salary information here? Give it a try!
6. Salary.com: This comprehensive website covers everything from salary benchmarks to compensation planning. It’s a one-stop shop for all your salary-related queries.
7. Robert Half Salary Guide: Known for its expertise in accounting and finance, Robert Half offers an extensive salary guide that can be useful for any industry.
8. Small Business Administration (SBA): The SBA provides a wealth of information for small business owners, including resources on salary determination and compliance.
9. Economic Research Institute (ERI): ERI offers a variety of salary survey data and compensation analysis tools for businesses of all sizes. It’s worth exploring!
10. Monster Salary Center: Monster is another popular job search platform that also provides salary insights. Use it to stay informed about industry trends.
11. The Balance Careers: This website offers salary guides for various professions and industries, along with career advice and job search tips.
12. HR software platforms: Many HR software platforms offer built-in salary benchmarking tools to help you make informed decisions when it comes to compensation.
13. Job advertisements: Keep an eye on job advertisements to get a sense of what other companies are offering in terms of salaries. It can be a helpful reference point.
14. Industry associations: Joining industry associations can provide you with access to salary surveys and other resources specific to your field.
15. Networking: Last but not least, don’t forget the power of networking! Talk to other small business owners, attend industry events, and learn from their experiences.
I hope these resources will help you navigate the salary landscape with ease. Remember, determining fair and competitive salaries is crucial for attracting and retaining top talent. Happy salary researching!
In 2018, the unemployment rate was 3.9%. That means a lot of people had jobs, and there weren’t many people looking for work. It was hard to find good employees.
And now, in 2019, it’s even harder. The job market is getting even tighter. That means there are even fewer people looking for jobs.
This is a problem for small businesses. They have to compete with big companies for the best employees. And the employees know it. They have the power to choose where they want to work.
A report from Randstad, a company that studies the job market, found that most workers want good benefits and perks. They think it’s important when they’re deciding where to work. But only a small number of workers are happy with the benefits they get.
In the press release discussing the report, Jim Link, who is the chief human resources officer at Randstad North America, talks about how the job market is becoming more competitive when it comes to salary.
Link explains, To put it simply, the information we’re seeing about the job market getting tighter means that what qualifies as a ‘competitive’ salary has changed.
He further adds, It’s no longer sufficient for companies to pay their employees the same as other organizations. To be competitive now, employers need to provide salaries and benefits that set them apart in a job market that has become very challenging.
Are you an employer looking to offer competitive salaries to new hires? The Randstad Salary Guide has got you covered! It provides accurate benchmarks for various industries, including engineering, finance and accounting, healthcare, non-clinical healthcare, human resources, information technology, life sciences, manufacturing and logistics, and office and administration.
Want to get your hands on this valuable resource? You can download the guide here.
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The Source of Salary Insight
As a business owner, one of the most important decisions you need to make is how much to pay your employees. It’s crucial to ensure you’re offering a competitive rate in order to attract and retain a loyal and satisfied workforce, which will ultimately drive your business forward.
However, determining the right salary for different positions and industries can be a challenge, especially for small business owners. But fear not! Help is available.
If you’re unsure about how much to pay your employees or how much a new job should pay, I can help you find the best salary guides. These guides will give you a clearer idea of what salary range is appropriate for different positions.
One great resource is SalaryList. This website provides information on salaries gathered by the United States Department of Labor. You can search for specific job titles, companies, or even states to see what the average salary is.
Another useful tool is the Bureau of Labor Statistics’ Occupational Outlook Handbook. This handbook offers insights into salary data for thousands of different jobs. You can search within different occupational groups, such as media communication, healthcare, and management, to find data on specific positions.
Lastly, Totaljobs is another helpful resource. They provide salary information for various job titles and industries. You can use this guide to get an idea of what salary range to expect for different positions.
By using these salary guides, you’ll have a better understanding of what you should be paying your employees or what you should be expecting for a new job opportunity.
If you’re curious about how much people earn for different jobs, you should check out Totaljobs. They have a cool feature called the salary checker where you can compare average salaries for any job. You can even see the highest and lowest salaries for specific positions based on the job ads on Totaljobs.
Another great resource is PayScale. They provide the latest compensation research from their Data Analytics team. It’s all about big data and it helps business owners like you see the trends in pay and get insights on important issues like compensation best practices and pay equity. This can help you make sure your business is taking care of its employees by offering the right pay and salary practices.
If you want to find out what the average pay is for different jobs in specific sectors, you should visit Monster.com. They have a salary calculator that can give you all the information you need.
Lastly, there’s the IEEE Salary Survey. This survey collects information on the salaries of people in the technology industry. It’s a great resource if you’re interested in tech jobs and want to know how much you can expect to earn.
Career Builder
If you’re a small business owner or an HR professional, Career Builder has got your back. They offer a handy salary calculator that can help you figure out the correct pay for different jobs. And guess what? It’s absolutely free!
Glassdoor
Listen up, folks! Glassdoor is not your average company review site. It’s a platform where employees share their honest feedback about employers. But that’s not all! They also have a cool salary search feature. Just type in a job title and organization, and bam! You’ll get all the deets about compensation for that particular job.
Salary.com
Calling all business owners! Salary.com is a tool you definitely don’t want to miss. It’s like having a superpower to determine the right rates to pay your employees. The site has a comprehensive list of positions in various fields, so you can fine-tune your compensation game and make a big impact at your organization.
Job Star
Let me tell you about Job Star’s awesome salary surveys. These surveys have a ton of information about the salaries of different jobs. You can search through them by occupation and industry to find exactly what you’re looking for.
Janco Associates
Now, if you’re in the IT industry and you want to figure out how much to pay your staff, Janco Associates has got you covered. You can order a whole salary survey, or you can just download specific pages from their website. It’s super convenient!
Salary Expert
Now, if you need to know the market pay range for a specific job, industry, location, or anything else, check out Salary Expert. They’ve got all the data you need. Plus, their compensation benchmarking is based on global information, so you know it’s top-quality.
Hays
Indeed
Looking to find the perfect job? Well, you’re in luck because Indeed is here to help! It’s an awesome job search site that has a really cool tool called the salary search tool. It’s like a magic wand that can tell you how much money people make in different jobs. Whether you want to be a warehouse worker, engineer, sales representative, or project manager, Indeed can tell you the average salary for those jobs. Pretty cool, huh? And not only that, it can tell you how much people make per hour or per year. So, if you want to make sure you’re paying your employees a competitive salary, Indeed is the place to go!
Homefair
Hey, want to know how much people get paid in different cities across the United States? Of course, you do! Well, Homefair has got you covered. They have this awesome compensation calendar that lets you compare the pay of over a thousand different job descriptions in more than 300 cities. It’s like having a treasure map to find the right pay for your employees. And the best part is, it’s super easy to use and gives you all the information you need in a quick and simple way. No more wasting time trying to figure out how much to pay your employees. Homefair has got your back!
