Getting Paid Enough? What Is My Market Value? Salary Checkers

There’s a new website which tells Australians how much they are worth in the jobs market

 

There are plenty of salary checkers on the market today, but few have been created just for Australian job seekers, until now.  Are you getting paid enough?

 

Do you sometimes wonder what your true value in the jobs market is if your salary reflected all your education and career experience?

If you do, then a new tool that from online job search engine Adzuna called “ValueMyCV” will help answer that question.

 

Is ValueMyCV Just Another Salary Checker?

 

Adzuna says ValueMyCV uses the same technology as Apple’s Siri and Google’s image search. The site works by analysing more than 100 different aspects of a CV when it’s uploaded – including work experience, job title, academic background and location – to calculate an estimate current market salary from that data.

I tried it with my CV and it took less than a minute to calculate a salary which was a little below my last full-time role in banking, but still pretty close.

I’ve been working for 30 years and my CV was optimised a few years back, but Adzuna says the site will make suggestions to optimise a CV if necessary. It will also match people to relevant jobs based on skills and experience, and personalise an interactive “career pathway”, Adzuna said.

Adzuna’s Australian CEO Raife Watson said the free site will answer the question he thinks everyone wants to know – “What’s my value in the market?” It also has an “email my boss” feature which allows users to send their salary estimate to their employer.

“ValueMyCV makes it easier for Australian employees to negotiate their package based on their skills and experience and extensive current market data,” Watson said.

Besides current employees checking their value and discussing it with their boss, Adzuna says it believes the site will be important for the approximately 190,000 women returning from maternity leave each year, close to 200,000 students graduating from University each year, and Australians transitioning from declining industries like manufacturing and mining back to workforce.

 

So what do we think?

 

CV Saviour tested this site and found it to be pretty accurate. It does offer some advice through its CV Booster  that we don’t support though. For example, it said our 3-page resume for a job seeker who had 20 years experience was too long (we strongly disagree). It also extracted our job seekers company name instead of their lastname and said the resume didn’t contain any contact details (it did). ValueMyCV claimed that the naming convention we’d used (LASTNAME, Firstname – Advertised Job Title – Month Year) was too long – we disagree and know from research that recruiters (and ATS) LOVE that format; it claimed the didn’t include a summary (it sure did) and it highlighted the fact that we don’t include a full address and said it should (again, we disagree – including a full address can open candidates up for demographic profiling, and at application stage, an email address, mobile number, Suburb, City, State and postcode is more than sufficient.

Last but not least, the Career Explorer tool isclearly based on a candidates most recent job title, so the options for our job seeker were way off mark. Nonetheless, it’s a neat little tool, no doubt poised to offer hours of fun at the office while job seekers plot their next career move.

The site will be officially launched shortly, but you can beta test it here. Enjoy!

This article by Greg McKenna first appeared in Business Insider.

(updated 2019)

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