You do a job online for a company or an individual and you charge a fee. You decide the fee based on the nature of work, technical skill involved and the time taken to complete a work and existing market rate.
Agreed so far?
What if you come to know that for the same work someone else is paying a higher fee? Naturally you will charge the increased fee for the next task you undertake-right?
But how do you find out whether you are getting underpaid?
PayScale comes into the picture. You can utilize the services of PayScale. With this service you can compare your present salary too.
You can key in all the relevant data that included your present job requirements and responsibilities, remuneration and perks etc.
You can also use this service to evaluate a fresh job offer.
PayScale is a market leader in global online compensation data. With the world's largest database of individual employee compensation profiles, PayScale provides an immediate and precise snapshot of the job market.
I think even recruiters will also use this website to know how much they can offer for a particular job.
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