Get Paid for Your Value
If you wish to find, and get paid for your value in the marketplace, look at the compensation for people at your level, in your industry, with a similar skillset. An online search or a call to a recruiter should help you. Is your compensation in line with where it should be?
Most economists would suggest that unemployment below 5% is where an economy starts to experience labor shortages. Once we get to this point (and the US is very close now) we typically see upward pressure on wages. Employees become more valuable because they are harder to replace. It’s simply supply and demand.…
