Salary
How underpaid am I?
I (33F) am employed as a Florida Personal Injury Protection (PIP) adjuster with one of the big auto insurance companies earning a salary of $55,156 a year.
Started working for them February 23rd, 2015 as a commercial processor. Spent approx. four years in that role before becoming an adjuster (liability) and then moved into my current role around three years ago.
I am good at what I do, get to work from home and love my direct manager/ our team but know that I’m grossly underpaid considering my tenure.
Salaries are better with other companies but I rarely see the paid time off (PTO) that I get offered anywhere else, I started this year with 27 days.
I am due for a salary increase and will have that conversation with my manager later this month but I know said increase won’t be enough to get me where I think I should be ($60 to $70k).
Last year I was given a 3% increase but also advised that I earn “below market value for my position.” Truth be told, I’ve been stewing on that conversation all year.
I recently searched listings and saw job postings for my position from other companies, and even subsidiaries of the company I work for, with salary ranges beginning at $60k+.
How should I approach this with my manager at my salary discussion in a few weeks? People keep telling me that I need to leave my current company for another to get paid what I’m worth but I have several coworkers that left and spent years trying to get back.