How to know what you’re worth in the 2024 remote job market

Jan 28, 2024
How to know what you’re worth in the 2024 remote job market

Did you know? Some remote jobs pay very well: over $80,000 a year, with the $200,000 mark crossed for some. This is the case, for example, for data scientists. At the same time, studies have shown that for equal work, online jobs are often better paid. But how do you know what you are worth on the remote work market? Well, that's what we're here for. The following tips will help you determine the salary that truly reflects your expertise.

  1. Self-assessment: discover your own value

This is the first step. To determine your value on the remote work market, you'll need to assess yourself. Putting a "price" on your skills is essential when it comes to negotiating your salary. 

To do this, you'll first need to draw up a list of your essential professional skills. They may be intimately linked to your profession. They may be your programming expertise, project management or technical writing. But these key skills can also be cross-cutting, and include your ability to communicate clearly, solve problems, or adapt to the culture of the company you're applying to.

Another very important point: since you want to work from home, you'll also need to self-assess your remote work skills. How have you performed in virtual working environments in the past? How did it go working with your remote colleagues? What about your productivity? Evaluating your experience in remote work is a crucial element in determining your value in this market.

  1. Know the state of the market and its trends 

Some sectors pay better than others. The same is true of all professions. To correctly assess what you can earn, you also need to have a clear idea of the state of the remote jobs market and the trends that run through it. To do this, consult job platforms, particularly those specialized in job boards such as Jobgether. Then, analyze the salaries on offer, taking into account possible variations according to experience, geographical origin of the position on offer and skills required.

Another way of assessing current salary trends is to explore industry-specific studies and annual reports, which can shed valuable light on the expectations of the remote job market in your professional field.

Finally, active participation in online professional networks can provide you with decisive information in this area. Don't hesitate to use these platforms to exchange ideas with your peers, ask the right questions and seek advice.

 

  1. Virtual Portfolio Creation: visualize your strengths

Creating a visual portfolio can help you establish your value. Having such a document in front of you allows you to materialize your achievements and can undoubtedly help you assess your value as a remote worker. It can also be used to highlight your achievements and provide concrete proof of your expertise when it comes to salary negotiations.

For maximum impact, your portfolio should bring together your most relevant projects, i.e. those that demonstrate your expertise. With this in mind, select those that have had a measurable impact (whether in terms of financial results, process improvements or customer satisfaction). In other words, demonstrate that your contribution has made a difference. This is all the more important if your brilliant achievements were made in the context of a remote job. Unquestionably, it will be an excellent point for you.

From a formal point of view, your portfolio should have attractive visual content that will attract the attention of those who consult it. It should also contain detailed, contextualized descriptions of the actions undertaken and the results achieved. Last but not least, it must be regularly updated. This is essential to ensure its relevance to both your own self-assessment and that of your potential employers.

A thorough self-assessment remains the most important and indispensable step in determining your value on the remote job market. It is the solid foundation of any salary negotiation. For it to bear fruit, it must be carried out with complete honesty. Acknowledging that there are still areas where you need to improve is also a strength that will enable you to negotiate the best possible remote working salary when the time comes.

 

FAQ 

Q1: How can I maximize my value in the remote job market?

To maximize your value in remote work, start with an honest self-assessment of your skills and experience. Then, keep abreast of salary trends, adapt your skills to the needs of the market and showcase your adaptability in a virtual environment.

Q2: Which remote working skills are most valued?

The skills most valued in remote work include adaptability, effective virtual communication, autonomous time management, mastery of online collaboration tools, remote problem-solving, and the ability to work flexibly.

Q3: Do I need to adjust my salary expectations according to my geographic location when working remotely?

Yes, your salary expectations should be assessed according to your geographical location. Living costs vary, and employers can adjust salaries accordingly. Make sure you remain competitive in the region where you work, while taking regional differences into account.

Q4: How can I justify a request for a remote job salary increase?

Justify a request for a remote work salary increase by highlighting your concrete results, demonstrating your added value to the company, underlining your work-from-home-specific skills, and presenting a solid argument based on tangible data.

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