Networking for Salary Data

April 13, 2006

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In addition to using the classified ads for salary data, there are some other, more informal ways to get data, too. They tend not to be reflective of an entire industry or area, but they can give you a starting point. If you have a relatively common job opening, you can always ask:

other small business owners
your local chamber of commerce
employment agencies or temporary help agencies
local chapters of trade groups that specialize in the applicable industry
competitors who have a job opening — call and ask how much the salary would be. You may get the information or you may not. Be creative in getting this information.
friends
suppliers
job applicants — they may be willing to tell you how much they were paid in their previous positions
anyone doing that job — who knows, maybe they can give you some leads on people you can hire!