How to Negotiate a Pay Raise! My Analysis for July 2021
During these changing times, the workforce is completely different than it ever has been before. The impact of COVID-19 has been substantial for not only individuals but businesses. Remote learning and working has been something that almost all humans have had to adapt to, and has become part of our day-to-day lives. This article will divulge the salaries of remote workers, and how they differ from those who work in person.
Job shortage:
The COVID-19 pandemic has affected United States employees greatly. Many people faced being let go from their jobs, their workplaces shutting down both temporarily and permanently, and an overall uprooting from their normal lives. The option for unemployment and pandemic relief benefits helped out many Americans in a time of need, but now that life is slowly going back to normal, some individuals do not have the desire to get back out into the workforce. According to CNBC, there are about 3.5 million fewer people in the workforce compared to February 2020. This gives reason for observers to believe there is a labor shortage, and the rate for participation in the workforce is not increasing nearly as much as it should be.
https://www.cnbc.com/2021/06/07/is-there-a-labor-shortage-what-the-may-jobs-report-tells-us.html
Remote Workers
Remote work has become a wildly popular option for employees since the pandemic. The job description for these jobs can include but is not limited to blogging, creating social media platforms, posting on these platforms, and overall completing the “behind the scenes” tasks. In both large cities and smaller cities, most companies have the option for workers to work remotely. This option pays the same as it would in person, and you are able to work from your home. For example, my friend who lives in Long Island commutes to the city for her internship and makes a salary of $15 an hour. Another friend of mine who lives in Rhode Island works remotely for that same company, and receives the same compensation. The wages for these remote jobs vary from $15-$22 an hour base pay with no commission, based on my friends as well as LinkedIn.
Many of my friends who work remotely at their internships are not paid for their work. Although the hours are minimal and their work is not strenuous, compensation is not offered. Sometimes they are offered stipends at the end of their working months or school credit. This is not based on the location of the employee, but rather the company regardless of where they are headquartered.
In-Person Worker
In person work is more of a rarity in current times. Remote workers have gotten so used to their new lives at home, that many people do not want to put the extra effort in to get out of their house for work. This job requires workers to sit in their office, work alongside staff, and potentially work face to face with clients.
The salaries for these employees vary greatly depending on the company they are working for and their specific job title. My friend, a finance intern, is getting paid $25 an hour for a company in Providence, Rhode Island. He works mainly with Excel. My other friend is a sales intern at a car dealership in Fairfield, Connecticut, and is paid $14 an hour with no commission benefits. Another friend, a graphic design intern in NYC, is getting paid $16 an hour. These salaries are dependent on what each interning is doing, and less dependent on their locations. Data from LinkedIn emphasizes my point regarding remote vs. in-person wages and how there is not much of a difference.
In-Person “Bruce Wayne”
In-person workers who are the “face of the brand” employees are compensated more. In both large and small cities, these employees will be paid a base salary, and if it is a sales job then they will be ensured commission benefits as well. Since this job is focused on meeting with clients, creating a good reputation, and being the front and center employee at a certain company, they will be making the most. This is from the commission that they will make, not their base pay. If a Bruce Wayne persona is conversing with clients, it is very likely that there will be a conversion due to his/her charisma. This will ensure the employee more money based on that sale. These employees are likely to make more in large cities where they have the potential for more leads due to higher populations.