I Found Out My Co-Workers Make More Money Than Me!
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- Опубліковано 15 кві 2021
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You're not paid what you're worth, only what you're willing to negotiate
Both
economically viable
BS
That and who you know . Unfortunately sometimes it’s all about who you know . That will determine how much you get paid.
Say it louder for the people in the back
Recently found I was making about 35-40k less a year than my coworkers/subordinates. I broke down what I do for the company I work for and presented to my boss. They said great job on your presentation but your not getting a raise so I sent them my resignation in the room during our meeting. The tone changed instantly. I got what I earned and deserved after almost a decade at this company.
Good for you!!
You're a gangster
Always have the next job and a plan before you quit the current job.
And this is why having a savings account is important!!
They were playing corporate games with you, and you shut those games down real quick by following through with your convictions and resigning. Good job!
The only one who benefits from keeping secrets about salary/wages is the one writing the checks. Change my mind.
Go away you silly scammer
The one making more benefits to.
I’d actually push back on that. I manage for a corporation (recent change) so I’ve recently seen both sides. Let me tell you, I never understood the embarrassment people would feel but we have people that cheated the company pretty heavily and got passed on several raises.
Management would never put these people but they make 25% less now. If everyone knows the wages that comes out too. Not saying it’s not abused but it is sometimes for the best
@@OopsFailedArt what? 🤷♂️
@@fredsanford1437 I’m sorry?
Never in my career did I get a $10/hour salary bump by negotiating with my boss. No one likes to pay significantly more for the same product. The biggest raises I've gotten was by changing jobs. Get the experience and make a lateral move to another hospital for the pay you want.
Technically that would be vertical since you're going up.
@@Convexhull210 Lateral... meaning move to a different hospital at the same position.
@@teenyverse7707 but I mean the pay is vertical
@@Convexhull210to give an example, one of my good friends is trying to get a management position to promote out of the lead position he's in, and as much as he loves his location, if a position doesn't open up soon, he may request a transfer to a place where a promotion is available
I make 21 dollars an hour as a janitor, I think he should be making way more than what he is getting paid right now
Where?
might be different states
@@lyotoarellano Hawaii but the cost of living here is extremely high, if I didn't live with my fiancee, I don't think I can afford living by myself
Janitors do important & dirty work. They should get paid a lot for a job many people don't want to do.
At my at job janitors make up to 24 an hour
New hires typically get paid more due to inflation, negotiation, and the company is willing to pay more to attract new talent. This happened to me and it was a huge blow, I genuinely felt hurt. Once I realized it wasn’t personal, I talked to the bosses and I did get the raise that I deserved.
I got hired in as a starting position and made the same as someone who’s been there for a few years. He found out and was really disappointed on his value to the business.
He was the new hire and he makes less.
Dave and these guys generally dont understand how corrupt most of these companies are.
@@andrew8168 How so?
For all we know he's an entry level kid out of school and lying that he has the same amount of experience as the other workers. Happens all the time with people over hyping their experience to get the job. The other workers should of been wise to not speak of salaries amongst each other.
“ Secret to happiness is low expectations” love that quote Dave
i have low expectations but i'm still a generally unhappy person. i think I have high hopes, but low expectations.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks
@@Lourd-Bab However, if you do not have access to a professional like JUDITH ANN PEACE, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments
@@Williams093 Oh please I’d love that. Thanks!
@@Lourd-Bab Judith Ann peace is her name
Lookup with her name on the webpage.
Imagine the person who hired him is sitting and watching this video right now...
exactly ... he should be really happy ... and happy for them and himself ... and just do the job.
@@RunnerThin you can be happy for others and still seek to improve your own financial state.
@@RunnerThin he should be looking at ways to improve his life. He should negotiate, they arent going to fire him if he tries. If they deny it, he should start looking elsewhere
@@RunnerThin he doesnt owe his employer nothing, he does a job and is compensated for it. Only thing is they are paying him a lower compensation than his other co-workers with the same qualifications. Learn from it, and make your next move
What if they're hiring in new people at $22 per hour and getting ready to lay off the higher paid people?
happens all the time. especially where i work. a whole new set of "engineers" every 5-6 years.
*This situation happens in every company, not what you said but some getting paid 30% or more than others with similar experience and even less qualifications sometimes !*
What if I told you that my mate told me he made $50 an hour washing dishes?
Or they could be trying to get away with being cheap
Sounds about right.
"Comparison is a cancer. The only person I try to compare to is the 'me' of yesterday." - Wise words from Ken Coleman
True to some degree . This man does not live In a void of only himself. He's trying to get the most and the company is tryng to get the least they can pay him.
Not wise words; incredibly stupid words. I would have the conversation but I would not resign if they do not meet my demands. Chances are they won't. I would work a year to have the experience from the new title and job hunt where I would ask for a few dollars more per hour than your coworkers are making. That would be standard pay for the position and you would get the new job and give two week's notice. But leave the firm you are working for on friendly terms. Do not bring up the reason why, just say you got offered a position at a higher salary. Do not accept their offer if they tell you they will match your new offer because I think they will hold it against you. Look for a better position. P.S. If you can look now, right away, and you have the experience and don't need this job as a reference, look immediately and don't wait a year. "Comparison is a cancer", not really. Letting someone take advantage of you is a trait that will ensure you will be underpaid your entire life.
@@janroach1852I wouldn’t even give them 2 weeks notice. The 2 weeks ain’t owed,
The same situation happened to me, the best answer I had, was to leave on my own and become self employed. Needless to say karma came back in the form of the pandemic and everybody involved in that game had a disruption in employment while I been working everyday through the pandemic for myself. It was a blessing in disguise.
Agreeing with others here, he's a technician, they're technologists. They ARE markedly more experienced, they're licensed and he isn't!
No he said he's trained a biochemist
@@insertname5057 both of you are wrong. He said he is a medical laboratory scientist, which is a step up from a technologist. I’m a medical laboratory technician and make $25 an hour. Hearing a MLS is making $22 is quite surprising.
EDIT: he backtracked, but initially said he was an MLS.
With a BSc. He should be a technologist. technician is an AS level classification.
@@stevenschoenfeld7405 not necessarily. I've known those with a BSc go on to get an AS in science in MLT and they were hired as technicians not technologists (MLT vs MLS). If the MLS job requires a specific degree, experience, certification and the biochemist has none of those then they likely were able to get them hired under the MLT classification due to their at least having a bachelor's.
I inadvertently lowballed myself as a govt contractor. My salary was enough for me, but I was surprised to learn of my colleagues salaries.
The guy never said how long his coworkers have been working there. If they have worked there more years than he has they should make more.
Yep. For all we know this kid is entry level out of school and lying that he has more experience than the co workers.
At :42 he asks if they’re measurably more experienced and the guy says no.. so I’m guessing either they’re all relatively new hires or the guy on the phone is lying and just jealous and entitled
he said he has been there only 1 1/2 months
Why should more time at the same place of work doing the same job mean you should make more money? Pay should be based on your experience and performance. That’s it. That simple
@@adam-xl9ft more time at the workplace means more experience
He’s worked there a month and a half. Maybe the other people worked there for five years?
A month and a half is not sufficient time to be negotiating salary. So many people walk around with a sense of entitlement, it's crazy.
@@babatundeonabajo negotiating salary should of been the before he signed the contract, either he has no experience or sucks at negotiating. That or his degree isn’t what that job needs.
Doesn't matter. Total experience and degrees and how it relates. Experience at that company just gives an idea on local or tribal knowledge they might have.
Could be they're just better at negotiating.
That’s what I was thinking. Sounds like he just jumped at the $22 an hr.
Yea probs as a result of his previous expectation. He came i thinking he was getting a great deal they came in wanting more so got more
This! I was once hired in bulk for a project by a temp company. I asked for more money and got it. I bet most people hired with me just took what was offered. This is why they tell people not to discuss salary at work.
Yup, made that mistake once. Was so excited that it was significant pay-bump but then realized I was getting paid on the lower end of the band
That's what happened to my ex. When I encouraged her to negotiate she got a 60% raise
He said it clearly. He has a biochemistry degree so he was hired as a technician. Hes not a technologist. They make more in certain lab settings. I have a biology degree and certain labs really only want those with a technologist certification. That's a whole other program I would have to do.
I was going to say this. Working with a science degree as a technician will not pay as much as a licensed Technologist. Either he knows this or he is fishing for something
Yes, I agree. He doesnt have the license to be a technologist so he can't report the results just set up the tests.
No license = lower pay period. He is just salty. MLT gets paid less than MLS.
I'm in HR and when he said he was a technician and the others were technologists, that told me everything I needed to know about this situation. He's not going to get the same pay as the other guys.
That's exactly what I've written!
Dave has his strengths and weaknesses. This is one of the areas he handles masterfully.
I genuinely mean it when I express my stress and concern regarding the market crash and high inflation, particularly in relation to my retirement. I have been experiencing losses for quite some time, and while some may argue that crises can present opportunities, I am feeling overwhelmed. However, I understand that investing is a long-term endeavor, and it is crucial to maintain focus on the bigger picture and the long run.
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $760k by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
how do I get in touch with this consultant that assist?
STEPHANIE KOPP MEEKS, that's whom i work with look her up and thank me later
Thanks for the info . Found her website and it really impressive
VERY well put Dave!
Solid advice, presentation is everything.
I>m00
Hood advice, but being a bad negotiator and not understanding the job you’re applying to can cost you thousands across your career! They most likely had a 10k range for this job. He got in at the bottom and his coworker the top Ed. It’s as simple as that. I would work there no more than a year then start looking for a similar gig and demand at least what your coworkers are making.
Very good advice!! I’ve learned that your resume is your sales pitch. Know your worth and do your research to give a good range when they ask what your expectations are for pay, but also keep it realistic.
i tried this but they found out my salary from my old job (the salaries are posted online) and they would only go up by a couple thousand during negotiations.
You don't get paid based on how hard you work. You get paid based on how easily you can get replaced. It's easier to replace someone who hasn't been there as long.
Wrong
Wow Dave. What a brilliant approach. That was some real wisdom.
Thank you! This will help so many young people entering the workforce that need experience too. Thank you! Thank you! Thank you! You are a blessing to so many!
Dave, solid advice. Love your show. Thanks for being the Inspiration for us.
This kind of advice is why I love watching this show
That happened to me too so I went to the CFO and asked to be paid equally and he upped my pay to the same. This happens when a company merges. They hire new people with a higher salary. Just ask for a raise.
He should respectfully request a “salary adjustment.” When he has more experience there and actually asks for a raise at one year, they shouldn’t be able to claim, “You asked for a raise when you’d only been here two months and we gave it to you.”
In the health industry it’s not that easy. It’s way easier just to jump ship and ask for higher somewhere else.
he said he has been there 1 1/2 months he is the new hire
@@davidhale4647 She was sharing that she was treated fairly when she asked, and gave an example of how the disparity arose. She wasn’t saying the caller’s disparity situation matched hers.
@@genxx2724 or he waits that year and then doesn’t get the raise and he did $32/hr work for $22/hr for a whole year.
This advice is absolutely spot on!
In an effort to be responsible for Our decisions, we have to be able to admit when We make less than ideal decisions.
We can only try and improve on it...The difference is how we handle it.
Dave is spot on on how to communicate. Great Advice.
Man I really like the way Dave worded that! So much wisdom on that guy
Great advice!! Thank you Dave
If he is a biochemist (he said he was) he may not be certified as a Medical Laboratory Scientist. The certification allows more pay at almost every laboratory. People that have a degree in medical laboratory science are allowed to take the certification exam. I am not sure he is qualified to take the exam or not. If he is allowed to take the exam, that could make the difference in his pay.
As a retired MLS I don't think Dave understands the complexities of our field as far as differences in education, certification or licensure. In a clinical lab a biochemist would NOT be as qualified as an MLS, therefore differences in pay is justified.
Just saw this comment after making my own. I bet this is the case
The way Dave phrased that about being grateful and what can you do to provide value that would make you worth $32 to the company, very well done.
I have a coworker who's gotten multiple raises and promotions by expanding his knowledge through school and bringing other job offers from outside. But you have to be ready to jump ship if they call your bluff.
According to him, he has a biochemist degree.. Not Medical Lab Scientist degree. MLS degrees are certified to do diagnostic testing and go through more rigorous education. Biochemist degree pay range will not be on same level. Experience maybe same but degree is the difference. - From someone who has worked as an MLS and knows the industry.
Quality advice!!!
Great Advise !!
great advise, i deal with workforce and that is a great response. Dave you got it
Same thing happened to my girl, they offered her the job at $20 the hour when she was getting hired, but later found out by other co workers same position and everything were getting paid more, they even told her she should of started around +$25 the hour.
Companies tend to pay new hires more or less it’s 50/50.
Should have
@@barbieblue3336 That's right. Anybody using 'should of' or 'could of' or 'would of' doesn't deserve any better than minimum wage.
@@jdrancho1864 Yes, it is "should've"; however, do you get paid to be the grammar police? If so, how much does that pay?
@@Jenny-dg4sb -Hard to put a figure on it. I'd say it's priceless.
when ever talking about raises it always helps keeping track through out the year of different projects and accomplishments that you have done. because a lot of times managers don't know everything you are doing in your job.
Great advice
Great response by dave
That Was Really Great Advice From Dave
Excellent advice Dave 👌
Really good advice from Dave!
ALWAYS talk about your salary. It use to be considered rude, but I swear companies started that fake etiquette. Make sure your getting what you're worth. Change companies every few years and keep making more if you have too.
Their answers to him is exactly why I enjoy being my own boss.
Glad I came across this. Currently working on negotiating salary myself.
David Ramsey as always you've given people good advice as always i precious. That's very helpful tips thanks for sharing keep it up good work..
Great way to word the question.
Awesome advice!
Perfect advice
Good advice
"You don't get outta Life what you WANT...You git outta Life what you put In..."...Dr. Phil...
I hate when people complain about pay. Why did you accept the job in the first place? Life lessons: Never be envious. And never be content. Your always a work in progress.
It's not about complaining. It's about knowing your worth. If you live by that principle, you will be taken advantage since theirs no standard for yourself. Speaking from my experience, jobs and people just treat you like a replacement Like you said its about not being envious but not being content.
@@mario125ww I absolutely agree with knowing your worth. It is also about researching and knowing what your pay should be for a specific job title. Lastly it's about knowing how to negotiate your pay.
However, to me it didn't seem like he really had a handle on all of this.
That’s tough, I made up my mind a long time ago, I negotiate what is best for me and my family; and leave it at that. When I hear of teammates making a little more, I’m happy for them.
It’s best for you and your family that your co workers earn more than you for doing the exact same job? Assuming you have the same qualifications and amount of experience
@@trwilli25 Its not really my business what they make. If I hear it throught the grapevine, cool. I'll never be upset about pay. If what I'm making is enough to live comfortable, why get upset?
Very good advise
Dave is so spot on on how to talk to your employer. So great.
Good advice on how to go about the conversation.
Owners will never try to pay you more. unless you demand it.
U gotta get your deal on the way in. Never fall for promises of raises later.
How??
By telling them what you expect upfront. You are your own advocate.
This is exactly how I have been planning to ask for more at work. I have just been putting it off because it's a "hard" conversation. This call helps me to feel better about initiating the meeting tho.
When I first started at my work place, I started off with a pretty low salary. I wish I would have negotiated for a higher salary but it WAS my first real job and seeing the numbers made me excited. In addition, I really did want to work there too so I accepted. However, because of my educational background and experience from my side hobbies, they ended up raising my salary and provided bonuses every year to the point where I'm pretty much where I am being paid reasonably.
Just good solid advice.
As always ... Dave’s advise is priceless. He’s like a Proverbs circa 2021
I found out a new hire with "great credentials" was making 15% more than me. I didnt get upset. I knew I would get my money sooner or later. Later, I had to finish one of his projects, that he was struggling with.....At the turn of the year, without warning, I was called into the bosses office and paid what he was making; they didnt know that I knew his salary. He was later laid off.
You can use that information as a salary goal for your next raise.
Yeah but the guy will get his raise as well. Plus nobody gets that big of a raise. Normally HR has rules about that stuff
@Open Eye yup it's 3-5% unless you get a promotion.
It’s possible to get double digit raise through promotions
He is the new hire He said he has been there only 1 1/2 months
I had this happen to me, and when I talked to HR, they told me the reason they started me so low was because the person before me and before her ruined it for me.... like they were bad at the job and I guess they thought the next person would be bad, but after a few months, they gave me a raise to match the other people in the same level
That was beautifully phrased by Dave. I’m gonna use that
Good thing i work for myself!
What do you do help me out
@@jessiepeters3946 real estate.
Maybe because they have worked at the job longer?
Ramsey has really good advice.
I'm in this situation but in my case, I have more experience. My colleagues have worked a shorter amount of time and have less experience than me. So it was shocking to me when they willing shared their income with me, complaining that someone else was making more than them. Here I'm sitting scratching my head like, "What about me? You make more than me."
This was a very helpful video.
This is all really good advice.
Thank u Dave
I’ve been on both sides of this situation… to me I’d evaluate how valuable I am in the marketplace and let that determine my strategy. Doing your homework before putting light on the situation is the key.
Negotiations are won when you are willing to walk away.
this is strong advice from Dave
$22/hr is still pretty good. I would advise for him to continue learning new skills, gain more experience and eventually more income will come his way either at this company or at another one. Don’t focus on what you’re getting paid, focus more on what you are becoming.
Thank you @Hai , I appreciate this. 🙏🏾🙏🏾
$22/hr is nothing in cali tho. I make $58k/yr. After tax, I only bring home $28k/yr. Not even enough to enjoy yourself with.
I agree. Especially when he admitted he is getting an whole $4 more than he himself expected. It sounds like he took the first offer they offered him because it was more than he expected, and then once he got to talking to his coworkers he found out they are making more, but one skill he lacked is they were aware of negotiating and that's probably along with a few other things why they make more than him.
@Pistols_10 38k isn't much for LA.
It’s the comparison , that’s killing him
I would love to hear a followup to how things went for this guy!
I like how dave brings on guest hosts to his show, but some of these people feel like they have to be like dave and try to over compensate. This guy totally missed the mark trying to give advise. Dave actually gave him real world direction on how to deal with his problem.
I just found out my coworker who got hired when I did makes more too lol! But he has way more hospital experience than me and that's the difference.
That's what you are telling yourself, when your employer should be the one telling you that.
Don't negotiate for them.
PS. Actually, there is a very funny Thirty Rock episode where Liz Lemon asks for a raise, and Jack Donohue, her boss, negotiates both sides of the table. Illustrates my point perfectly.
@@jdrancho1864 There are no negotiations. We're union so it's based on years of experience and step increase and pay grade.
@@koreypaul6698 You didn't mention. So the union negotiated for you, in fact, and agreed to a tiered scale, or to allow lateral entry.
Next time you have some downtime, get the contract and read thru it, you might find some more surprises.
@@jdrancho1864 For sure, good idea
Dave was spot on here
This is always an interesting topic
subbed
The quickest way to get a raise is to get another job and then renegotiate your pay.
If you are willing to accept less a company is going to pay you less.
Personally, this is why I don't disclose my salary. Just causes more headache than it's worth and you get a lot of pocket-watchers.
He should of negotiated a hire salary. If he goes back and tells his boss that the other guys make 32, you would be throwing them under the bus. Either find a new job or work your way up
He's already making $4 more than he expected.
@Ryan He should of negotiated a higher salary. That’s his fault, it’s a business not a charity
@@Nepthu exactly. Either he has no idea of what his job pays or doesn’t know his worth or is dumb.
@@tracyhunt492 ...Should "have" not should "of"
The difference when I was hired and when my co workers were hired was my boss was desperate for staff
The caller doesn't have an MLS degree. It is a 4 year degree of Clinical Laboratory Science. After that you have to get certification/license depending on the state. Sometimes labs will hire people like the caller who don't have MLS degree as technician and train them on the job. They make less than the Technologists. There may be a path for him to become a Technologist either by going back to school or after some years of experience take the ASCP certification exam.
Yeah. The guy is just confused about his position title.
You are correct, if he wants to make more money, he should sit for ASCP or AMT and get certification.
I Had a child at 16, dropped out of HS and started working. Eventually I got my GED and now own my 2nd home making 100k/year with no college! A few people at my job don't like me because I didn't go to college and they are still in debt!
Go to college you may need it for the next job. Take one class at a time need be. Study a marketable career. That job is not guaranteed forever
@keithwisdom1663 I have 12 years experience now and don't really need to go to college, but thanks for the advice. I would like to go, but at this point it'll be a waste of money to go to school for the same thing I'm doing now. But if I do want to change careers for sure, I should seek further education!
Companies are like people, they shop for the best product for the least amount of money.
I have NEVER seen a company tell anyone "Oh no, you are worth way more than that!", it will never happen.
You need to know your own worth first.
Most of the time its because of negotiations. I've noticed that good performers that are under paid often survive layoffs and get better % raises so it is not all bad news.
Yes, I said the same thing.
When I found out my coworker was making more than me I asked my boss and she gave a great reason.
Sometimes there’s things we don’t know about
I understand this. If you ask your boss, and know everything and still aren't getting a raise. Then leave.
Don't tell your co workers how much you make... unless of course you enjoy conflict, envy, jealousy,
Bingo. Stuff like this went around at a job I worked previously and it pitted people against each other like crazy. Incredibly toxic.
Not discussing salary only benefits the management. If everything is in the open, companies would think twice before pulling this kind of nonsense. Especially when the gaps can't be justified
i asked my colleagues about their salaries when I was negotiating salary. it made a lot of people uncomfortable, but I just decided to do it and I'm glad I did. they lowballed me. i got a $14K increase from their starting number.
I think Dave has some really good advice here and I think what we all really need to look at is it's a job even if you've been there for all quite a few years and sometimes after you have this conversation it doesn't go the way you want it to go we need to let go and start looking outside and I mean when you have that conversation it's best to be ready the next day to look outside of your company for a new place because if it goes bad you don't want to be there very long and you might not be there very long
Maybe he should just look for another job, before he has the conversation and just give two week's notice. If they agree to match the new salary they may still be annoyed and will just wait to replace you with someone else.
Another way, if you want to avoid including your co-workers in the conversation with you and your boss.. do your research, bring facts and statistics of what your field it currently paying and check Glassdoor, see if the company standard salaries are shown there, go prepared to your meeting and ask if you can make a plan so that you can make what you are entitled to make. Normally, I would recommend doing this before you interview and when you’re in negotiations so that you already know what you should be making and know your ideal number in advance. Hope that makes sense. :)
That's a huge blow. In my experience, it's easier to jump companies than ask for that raise. you could bring it up to your employer, but expect them to say "we aren't going to adjust because X, Y, Z". Be ready to leave.
I'd start looking for another job. Dave's advice would prevent a lot of unpleasantness, but it's unlikely to result in a raise.